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Options Trade | An earnings-based non-directional options strategy in ICICI Bank

Moneycontrol Contributor   •

ICICI Bank is expected to trade sideways within our range. An Iron Condor trade to capitalise on it.

This state-run lender charges similar interest rates for salaried as well as non-salaried individuals applying for home loans. With an interest rate of 6.75 percent for loans over Rs 75 lakh and tenure of 20 years, the EMI works out to Rs 57,027. IDBI Bank, too, offers the same interest rate.

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