Very much possible.. 1L to 5.5L in just 4 days? Possible? Veryyyyy much possible.
But you should be ready to lose that 1L within 3days as well...
Here is my paper trade on TATASTEEL
Bought TATASTEEL 500 CA @ 5.5 on 11 Sep. 09 while the SPOT price was at 474
Sold it at 36 on 16 Sep. 09 when SPOT touched 534
Return on investment ??? 554.55% in just 4 trading days... now beat that with real money and you can have 1,5,10,100 Cr. in just a month.... Sky is the limit my friend...
Do check my paper trade diary here on Options
http://spreadsheets.google.com/ccc?key=0AsC1qV6Wtd1xdDh1MzN6MFh5VzNhclBsV1RaQXJHVHc&hl=en