Free Stock tips , Nifty Options , Mutual Fund picks , SIP , Penny Stocks , Multi Baggers ,

If U feel the Market will be RANGE bound between 4149 TO 4750
A strategy for U :

Strategy					Profitable		Total Inflow	Max Profit	Max Loss
Short Strangle
Contract	Act	Strike	At	Prem	Above	Below
OPT-NIFTY-27-Aug-2009-CE OPT-NIFTY-27-Aug-2009-PE	Sell Sell	4,500.00 4,400.00	at at	133.00 117.55	4,149.45	4,750.55	12,527.50	12,527.50	Unlimited

My Strategy WILL be : Tomorrow the market may open with a GAP UP, What ever be If the market is UP execute the call option ... if DOWN then execute put option to increase your leverage. Ideal if the market goes down sell the put & wait for the market to recover to sell the call.