Prediction based trade April 30,2008 Indian market
- Nifty up around 26 points at 11.35 am with Nifty May 5200 Call at premium of 154 and Nifty May 5200 put at premium of 123
Buy 2 Calls at premium of 150 Limit, 5 call options at Limit price of Rs 143 and hold till rest of week or till further update
Buy 3 puts at Rs 110 limit price and square off towards end of day with stop loss of Rs 90
Disclaimer: all risk to be borne by trader