I have suggested the following transaction:
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Transaction to be done on 30 Dec 2013 for Base Index at 6315.25
Sell 6600 CE at Price 25.23
Buy 6700 CE at Price 10.80
Net Points Received: 14.43
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If anybody has taken the position, he can close the trade tomorrow (8th Jan 2014) and needs to pay around 2.15 points.
The net profit in 10 days will be around Rs. 600/=. If we assume the margin required is Rs. 15,000/=, it will be around 12% return per month.
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Transaction to be done on 30 Dec 2013 for Base Index at 6315.25
Sell 6600 CE at Price 25.23
Buy 6700 CE at Price 10.80
Net Points Received: 14.43
----------------------------------------------------------------
If anybody has taken the position, he can close the trade tomorrow (8th Jan 2014) and needs to pay around 2.15 points.
The net profit in 10 days will be around Rs. 600/=. If we assume the margin required is Rs. 15,000/=, it will be around 12% return per month.