Friday, June 11, 2010

MY POSITION



I AM NOT SOME ONE WHO GIVES ADVICE AND BE A SPECTATOR. I MY SELF TRADE MY PLANS

MY LAST WEEK OPTION TRADING

JUNE 7 TH OPENING HOLDING SBI 2300 PUT BOUGHT @ 60 RS ON 4 TH JUNE

SOLD @ 80 RS

JUNE 8TH BOUGHT RELIANCE 1080 CALL @ 5.80 RS

SAME DAY BOUGHT 5000 PUT @ 90 RS AND SOLD @ 140 RS

BOUGHT 5300 CALL @ AVERAGE PRICE OF 8 RS ON JUNE 9TH

EXIT 5300 CALL ON JUNE 10 TH @ 13 RS


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NOW I AM HOLDING ............

4800 PUT BOUGHT @ 20 RS


FOR HEDGING PURPOSE I ALSO BOUGHT 5200 CALL @ 35 RS


LETS SEE HOW I COME OUT OF BOTH POSITION ON NEXT WEEK

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MY MARKET OUTLOOK FOR NEXT WEEK 30% BULLISH &  70% BEARISH

WHICH MEANS NIFTY CAN  FIGHT TO TOUCH 5200 BUT VERY HARD TO SUSTAIN 

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WITH LOVE nd REGARDS

PEARL-KUMAR

JUNE 11TH 6.45 PM



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