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

If u all would recall that on 24 th Aug 09 I had posted the following -

"Sep 09 Option premiums are at a premium.While premiums will drop post settlement, the spread risk -reward ratios may actually be better now than 4 secession down the week"

& On 25 Th Aug 2009 had Short sold Sep 5000 ce @ 60.35 at 2.30 pm

Nifty was around 4670-4690

After Expiry on 28 Aug 09 NIFTY @ 4732
Though nifty has risen almost 50 points the premium has not risen in value in fact 5000 Sep CE is @ 59.50 It is also true for 4800 & 4900 CE.

Hope it is clear what I ment to SAY ON 24 Aug 09

As advised if any one had short sold 5000 ce @ 60 -63 , 4900 ce @ 90-100 or 4800 ce @ 120-130 on the next /same day as published on the blog then............................

On 25 Aug all Could have booked profits ---- 5000 ce @ 41-45 , 4900 ce @ 64-70 or 4800 ce @ 95-100

Since I am willing to take risk I am holding my short positions in 4900 ce & 5000 ce @ 90 & 60 (2 lots each ) which I may square up at any moment when I am convinced that I have been caught on the wrong foot. I will try to post the same as and when I do.