Tuesday, December 30, 2008

Tuesday 30-12-2008

Last calls wrap-up
Buy Jan Nifty 3200 CE at 116-117
Buy Jan Nifty 3000 PE at 125-126 ==================================================
Total premium paid ---> 126+117 = 243
Booked Nifty 3000 PE at 240-245
So now our Nifty 3200 CE trading near 48-50 levels is our profit.
Basically on an investment of 245 we are earning 48-50 Rs in less than 10 days.
One can calculate the returns percentage wise.
===================================================
SBI 1320 CA given yesterday did a high of 62. Thats double overnight. Book profits or trail stop loss. Call closed from my side.

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