Option Strategies for the September Expiry 2010

• ABAN
  

 
 

Short 800 September Expiry Put option around 45         -    1 lot

Short 900 September Expiry Call option around 3 -4     -    1 lot

Stop Loss

Upper side if cross 950 & close above

Lower Side if goes below 754& close below

Return

In September Month Expiry I expect broad range of lower side 750 to upper side 950 level so try to eat all Time Value of this Call option & Put Option so profit around 10000 (including brokerage) investment around 40K