Profit of 275 Points in single trade and still more profit to come....(RISK FREE TRADE) sounds interesting.... read on....
We sold 4100 Call & 4300 Put Strangle at 571 on 24.06.09 and
Today closing (26.06.09) is
4100 call 375 &
4300 put 155
total 431 profit of Rs. 140 per lot
Plus went long above spot 4250 today's closing is 4385 Profit Rs. 135 per lot
Total Profit 140 + 135 = Rs. 275 Profit (Risk FREE) per lot in 2 days and
still holding position, we will book on Monday in range of Rs.300 to Rs.350 :)
~ www.narayani.net.in ~ (24/06/09 10:50:14 AM): Sell Nifty 4100 Call (july) 311 & hold till expiry, Go long in Fut if spot trades above 4250 (hedge) and hold till Nifty comes back below 4250 spot
~ www.narayani.net.in ~ (24/06/09 10:55:06 AM): Sell Nifty 4300 Put (july) 260 & hold till expiry, Go Short in Fut if spot trades below 4150 (hedge) and hold till Nifty comes back above 4150 spot
We sending f r e e Nifty Call & Put writing message on mobile to the friends who has joined us on below mentioned link
http://labs.google.co.in/smschannels/subscribe/Narayani
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