Monday, June 25, 2007

Review of Strategy suggested for June'07

Strategy for June'07:
One can sell a strangle of 4150 put option at Rs.60.00 and 4350 call option at Rs.60.00; One needs to keep an initial margin of
Rs.50000/- and shall receives Rs.6000/- which works out to 12% return for the month.
 
The above strategy was suggested on 31st May, 2007, considering a range bound movement of Nifty during June'07. Those who have followed the strategy can close the positions tomorrow and book profit.
at

2 comments:

  1. VinayJune 25, 2007 at 3:59 PM

    Whats the return? I mean where are this call and put currently trading at?

    ReplyDelete
  2. BK VRK RaoJune 25, 2007 at 6:01 PM

    put can be closed at 7 and call at 3 thus 5500 profit can be booked

    ReplyDelete

Please sign off with your name at the end of the comment. Thank you!