Wednesday, April 09, 2008

trade 3: book profits in nifty options

Yesterday trade 3: nifty call options (4800) purchased at rs 95 or less. Book profits at Rs 119( current premium when nifty is up 30 points in green)

Total profit on 3 lots

=(3*50)*(119-95)-Rs 600(brokerage)=Rs 3000

 
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