Option Strategies for the Month of September 2010

• Nifty
  

 
 

Short 5400 Call option around 136 - 140

Short 5400 put option around 105

Total Premium we get around is 240 - 245

Stop Loss

Upper side if cross 5630

Lower Side if goes below 5170

Return

In September Month Expiry I expect broad range of lower side 5170 to upper side 5630 level so try to eat all Time Value of this Call option & Put Option which is around 220 rs & lot size is 50 so it will around 11000 (including brokerage)