Arbitrage opportunity of 7% in IREDA
Did anyone else notice the 7% price difference between IREDA spot price and IREDA April Futures? Anyone having IREDA in their portfolio worth 1 lot of derivatives ( 2900 shares ) can sell their equity shares and buy April futures at current price. That's 7% profit locked 💰 ( Ignoring transaction costs)
Did anyone else notice the 7% price difference between IREDA spot price and IREDA April Futures? Anyone having IREDA in their portfolio worth 1 lot of derivatives ( 2900 shares ) can sell their equity shares and buy April futures at current price. That's 7% profit locked 💰 ( Ignoring transaction costs)