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Creating wealth with 25000...impossible?? No...possible

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  #131  
Old 15th October 2008, 12:37 PM
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Default Re: Creating wealth with 25000...impossible?? No...possible

bought nifty puts 3200 strk ( oct) @ 5o .....no. 400
investment 20000
regards
Optimist
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  #132  
Old 15th October 2008, 03:13 PM
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Default Re: Creating wealth with 25000...impossible?? No...possible

just sqrd off all of them at 96
rest of the details later
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  #133  
Old 15th October 2008, 03:15 PM
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Default Re: Creating wealth with 25000...impossible?? No...possible

Is there any chance of 3200 call goin further up?
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  #134  
Old 15th October 2008, 10:25 PM
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Default Re: Creating wealth with 25000...impossible?? No...possible

nifty puts strk 3200 Oct bought @ 50 no. 400
sold @ 96
profit = 96-50 = 46 X 400 = 18400 - brkrg
appr 17500
total net worth as for now :-
23800 + 17500 = 41300
regards
Optimist
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  #135  
Old 16th October 2008, 12:54 AM
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Default Re: Creating wealth with 25000...impossible?? No...possible

Quote:
Originally Posted by Optimist View Post
nifty puts strk 3200 Oct bought @ 50 no. 400
sold @ 96
profit = 96-50 = 46 X 400 = 18400 - brkrg
appr 17500
total net worth as for now :-
23800 + 17500 = 41300
regards
Optimist
dear optimist,
could you tell me how they calculate brokerage charges. im using religare trumplus intraday charges .025
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  #136  
Old 16th October 2008, 05:16 AM
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fast_rizwaan will become famous soon enough
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Default Re: Creating wealth with 25000...impossible?? No...possible

Quote:
Originally Posted by harvard.aspirant View Post
dear optimist,
could you tell me how they calculate brokerage charges. im using religare trumplus intraday charges .025
brokerage is calculated on the total amount of the contracts, both sides, press shift+f6 in racepro, click refresh and see the total amount.

brokerage = total-amount*0.03 (add 0.005 as other taxes) /100
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  #137  
Old 16th October 2008, 10:54 AM
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Default Re: Creating wealth with 25000...impossible?? No...possible

bought nifty puts strk 3100 oct @ 118.10 ....no. 300
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  #138  
Old 16th October 2008, 11:05 AM
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Default Re: Creating wealth with 25000...impossible?? No...possible

Quote:
Originally Posted by harvard.aspirant View Post
dear optimist,
could you tell me how they calculate brokerage charges. im using religare trumplus intraday charges .025
Dear harvard aspirant ,
i am using icici direct, and it is considered expensive. But i am comfortable with their software. never tried anything else. They charge minimum 100 per contract in option. if i sqr off same day they dont charge second leg. And they are giving me incentive on brkrg at the end of every month as per their slabs.. So in the end it is not that expensive... I dont know wat others are charging, so i am sorry i dont know how religare ppl calculate brkerage..
regards
Optimist
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  #139  
Old 16th October 2008, 02:25 PM
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Default Re: Creating wealth with 25000...impossible?? No...possible

Quote:
Originally Posted by Optimist View Post
bought nifty puts strk 3100 oct @ 118.10 ....no. 300
Dear Optimist,
Now what you want to do? it seems that bulls are back, and in my view, there couldn't be another leg in bear market. for me, it seems to be a beginning of bulls rally. whats your opinion on this ... ?

Regards
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  #140  
Old 17th October 2008, 03:04 PM
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Default Re: Creating wealth with 25000...impossible?? No...possible

sqrd off all nifty puts strk 3100 @ 162
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