Target Achieved in Collar Means - Book Profit in Short NIFTY 6000 Call Jan Expiry, Short NIFTY 6200 Call Dec Expiry and Long NIFTY 5800 Put Dec Expiry - 25 Nov 2010

 Book Profit in Short NIFTY 6000 Call Jan Expiry @ Rs. 125, Short Call Given @ Rs. 200 on 24 Nov 2010


Book Profit in Short NIFTY 6200 Call Dec Expiry @ Rs.25, Short Call Given @ Rs. 60 on 24 Nov 2010


Book Profit in Long NIFTY 5800 Put Dec Expiry @ Rs. 115, Long Call Given @ Rs. 70 on 22 Nov 2010


Loss From Buy NIFTY Fut Dec Expiry = 6006 - 5920 = -86 Points Per Lot
Profit From Short NIFTY 6200 Call  Dec Expiry = 60 - 25 =  +35 Points Per Lot
Profit From Short NIFTY 6000 Call Jan Expiry = 200 - 125 = +75 Points Per Lot
Profit From Long NIFTY 5800 Put Dec Expiry =  115 - 70 = +45 Points Per Lot


Or,
Loss From Buy NIFTY Fut Dec Expiry = 50 * -86 Points = Rs. -4300 Per Lot
Profit From Short 6200 Call Dec Expiry = 50 * +35 Points = Rs.1750 Per Lot
Profit From Short NIFTY 6000 Call Jan Expiry = 50 * +75 Points = Rs. 3750 Per Lot
Profit From Long NIFTY 5800 Put Dec Expiry = 50 * +45 Points =  Rs. 2250 Per Lot


So Total Profit From Collar generated on 24 Nov 2010 = 2250 + 3750 + 1750 + (-4300) = Rs. 3450 Per Lot