Update of April Strike Short Options

As recommended yesterday the following was executed :

Short April 5100 pe @ 45.35 6 lots

&

Short April 5000 pe @ 24.50 6 lots

Avoided having short position in April 5200 pe

Short calls in April Call options not activated.

Happy Trading

Short April Call & Put 2010

One can short CE 5400 April Call @ 24-30 ...... 6 lots

SL Nifty spot 5400 on a closing basis .

Willing to take Risk .... Short PE 5200 @ 54-65 .... 2 lots

SL Nifty spot 5150 on a closing basis .

& Short PE 5100 @ 30-40 .... 6 lots

SL Nifty spot 5100 on a closing basis .

Happy Trading

April Options Strategy

Look out to short 4500 CE ..... 2 LOTS & 4600 CE ....6 LOTS

WHEN NIFTY SPOT TRADES BETWEEN 4360 TO 4500

SL 4460 on NIFTY CLOSING BASIS.


Happy Trading

Review of March 2010 Option calls

On March 14 it was suggested :

Guys you can short MARCH 5000 Put between 22-30........6 LOTS

SL Nifty 5000 Spot Closing Basis

& Willing to take Risk

Short MARCH 5100 Put between 45-60........2 Lots & 1 Lot @ 70-80

SL Nifty 5050 Spot Closing Basis

On MARCH 15 :

MARCH 5000 Put High : 30 Low : 22 (Executed at 27.75)

MARCH 5100 Put High : 45 Low : 58 (Executed at 55.25)

March Options Expiry Profit :

MARCH 5000 Put Executed at 27.75 x 6 = Rs 8322/-

MARCH 5100 Put Executed at 55.25 x 2 = Rs 5524/-

Total March Expiry profit: Rs 13846

So Guys Rs 13846/- profit in March 2010 by trading in the market for a SINGLE DAY & RELAXING THE REST OF THE MONTH


Happy Trading