Wednesday, May 07, 2008

Update on Trade 31: May 7 Indian market

See previous post on purchase of 5 lots of May 5200 puts at premium of Rs 146.

 

Book profits ( net profit Rs 5000) on five lots though it is possible that lower values on nifty today will give higher premium/profit.

 

 

Hold trade 29  till tomorrow and buy another 10 lots of May 5200 call options ( Trade 32) in late afternoon if premium goes to Rs 80 to average out

 
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