Update at the closing of 05 Jan 2010
Nifty spot - 5277.90
Nifty 5000PE Jan series - 31.55 (1 lot)
Nifty 4700PE Jan series - 7.05 (2 lot)
Nifty 4600PE Jan series - 4.65 (1 lot)
Strategy 1:
Net position - 50*31.55 - 100*7.05 + 50*4.65 = 1105.0
Profit = 1105.0 - 4700 = -3595 Rs
Nifty spot - 5277.90
Nifty 5000PE Jan series - 31.55 (1 lot)
Nifty 4700PE Jan series - 7.05 (2 lot)
Nifty 4600PE Jan series - 4.65 (1 lot)
Strategy 1:
Net position - 50*31.55 - 100*7.05 + 50*4.65 = 1105.0
Profit = 1105.0 - 4700 = -3595 Rs
Nifty spot - 4952.60
Bought Nifty 5000PE Jan series - 185 (1 lot)
Short Nifty 4700PE Jan series - 75 (2 lot)
Bought Nifty 4600PE Jan series - 55 (1 lot)
Brokerage - Rs 50 per lot = 200 Rs for 4 lots
Margin requirement for 1 lot of nifty short = Rs. 25000
Total Investment - Rs. 12000 - Rs. 7500 + Margin requirement for 2 lots of nifty shorts + brokerage for 4 lots = 54700
Total risk - Rs. 4500 + Rs 200 = Rs. 4700
Breakeven - 4906
WARNING: The above strategy is only for learning purpose. Please don't initiate any real trade based on this thread. I am a novice and try to learn through paper trade.
Bought Nifty 5000PE Jan series - 185 (1 lot)
Short Nifty 4700PE Jan series - 75 (2 lot)
Bought Nifty 4600PE Jan series - 55 (1 lot)
Brokerage - Rs 50 per lot = 200 Rs for 4 lots
Margin requirement for 1 lot of nifty short = Rs. 25000
Total Investment - Rs. 12000 - Rs. 7500 + Margin requirement for 2 lots of nifty shorts + brokerage for 4 lots = 54700
Total risk - Rs. 4500 + Rs 200 = Rs. 4700
Breakeven - 4906
WARNING: The above strategy is only for learning purpose. Please don't initiate any real trade based on this thread. I am a novice and try to learn through paper trade.