Wednesday, May 14, 2008

Profit/loss from Trade 40,41,42

Trade 40: Out of 2 lots, profit booked on one lot at Rs ( 194-141)*50-20(brokerage)= 2650. ( though in morning first hour  higher premium of Rs 220 was available) Position on second lot still open as market may go down in next few weeks.

 

Trade 41: Purchase of two lots of May 5000 call option at Rs 100.with profit protection built in after at Rs 500. It is not clear if this limit was hit as much higher premium was prevalent in afternoon as per prediction 41. In any case we only consider a profit of Rs 500 since this prediction was a success

 

Trade 42: This prediction posted at 12.41 pm had a few errors, part from not appearing in time on the blog. In any case this was a loss making prediction on account of

 

1Infosys tech ( loss of Rs 25 per share on first 50, loss of Rs 4 on next 50 shares= Rs 1550 incl brokerage

 

2. Reliance ( purchase price just before  12.41 was  Rs 2522. thus loss on first 50 shares was  Rs 1300 incl brokerage and profit of Rs 900 on next 50 shares of short sold reliance shares  including  brokerage, with net loss of Rs 400 on reliance trade

 

Total loss from trade 42 = Rs 1550+400=1950

 
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