Update on trade 55 and Prediction 56: may 22,2008

Trade 55: highest Premium was rs 123.50 so far on june 4800 puts. Based on yesterday’s guidance profits booked at 118.50 with total profit after brokerage about 19500 ( average purchase price was Rs 95) on 20 lots

 

 

Trade 56: Buy 2 may 5100 calls at limit price of RS 90 and another 3 call at limit price of 85 if available in 30 minutes ( by 12 noon) . otherwise cancel trade

 

Disclaimer: all risk to be borne by trader