Thursday, May 22, 2008

Prediction based Trade 58: US market may 22

Dow up 46 points after one hour of trade. Volatility to remain with down towards movement likely to be more pronounced towards end of day

 

 

Sell 1 dow put option . sell another 2 lots of same after 2.30 hours if dow up in positive without downward trend

 

Book profit using trailing stop loss after 50 points fall in dow 30

 

Disclaimer: all risk to be borne by traders/investors

 

Profit to be calculated assuming 50% of loss/profit trading in mini dow in absence of reliable live quote on Put premium

 

 
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