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Buy Silver Jan 06 future, take delivery and sell March 06 Fture

Discuss Buy Silver Jan 06 future, take delivery and sell March 06 Fture at the Commodities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dear friends; There is difference of apprx Rs 370 in March and Jan 06 futures ...


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Old 15th January 2006, 05:46 PM
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Default Buy Silver Jan 06 future, take delivery and sell March 06 Fture

Dear friends;

There is difference of apprx Rs 370 in March and Jan 06 futures of Silver. If one buy and take delivery of Jan 06 and simultaneously sell March contract. he will make Rs 370*30 Kg= Rs 11100 in profit less demat charges. He should be in a position to invest Rs 4 Lacs. Then, he can repeat this strategy every month and get return of more than 15% p.a. interest.

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