I had already told in my earlier post that I will utilize every correction to short NIFTY 4200-4300-4400 puts ......
I already have short sold 5000 & 4900 calls since 26-27 Aug in the range of 60/90.
Premium has already eroded by 50 % to around 30/55 levels.
Today on 02 Sep 09 I had liquidated 2 lots of 5000 ce @ 34 (Short sold earlier at 60 level)
Short sold 1 lot 4300 pe @ 50 (Fresh position)
Expect the market to fall ... tomorrow ..... & with further fall will short sell 4300-4200 pe at around 60-70-80 level & square up calls of 4900 & 5000 strike (which I had short sold) .
Lets see what is in STORE...........!!!!!!!!
Tuesday, September 1, 2009
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