Thursday, September 22, 2011

Second Strategy for September

Buy 4900 call if market above 4910, and sell 5100 call.

4900 call at 88 and 5100 at 18

Stop loss for 4900 call at 70

Update on 24th Sept
Market was above 4910 for a very short time.

So top loss triggered and exit at no loss no profit

Again buy 4900 call above 4900 and keep holding written 5100 call till expiry

Write 1 more lot 5000 call above 4900 when buying 4900 call and stop loss is 20 rupees below cost.

market did not go above 4900

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