On Oct 08 the following was advised :
"Any one not willing to take risk may liquidate Oct 5000 ce & Oct 5100 ce at intraday price 100-120 & 65-75 while Oct 5200 ce may be held till expiry or exited at a later date."
On Oct 09 every one had ample opportunity to square up the short positions in Oct 5000 ce & Oct 5100 ce at intraday price 90-110 & 45-65.
Since the market has recovered one can target short selling Oct 5200 & Oct 5300 @ 75-90 & 60 level in a ratio of 1 is to 3 lot if the market moves up further.
Tuesday, October 13, 2009
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