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Friday, October 5, 2012

5700 Put@ Return 67%

On 3rd Oct it was said that 5700 Put could see some action once Nifty goes around 5751-5766 however yesterday Nifty open with a gap up and remain above 5766 mark the entire day and went over 5800 in intraday, where the 5700 was available in the range of 39-37 for quite a long time.
Today it made low of around 31.30 so far and right now at 65 when this message is posted thereby generating return of around 67% from yesterdays closing of 38.6
We didn't gave any call on it.....just shared a idea which worked.

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