PROFIT/LOSS FROM ARBITRAGING IN NIFTY - 09 DEC 2010

THE CALL WAS:-

"BUY NIFTY FUT DEC EXPIRY 2010 @ 5871 & SHORT NIFTY FUT FEB 2011 EXPIRY @ 5915, STOP LOSS FOR NIFTY FUT DEC EXPIRY 2010 IS @ 5820 AND STOP LOSS FOR NIFTY FUT FEB EXPIRY 2011 IS @ 5955."

STOP LOSS TRIGGERED IN BUY NIFTY FUT DEC EXPIRY 2010

PROFIT BOOKED IN SHORT NIFTY FUT FEB 2011 EXPIRY @ 5851.11

SO,

LOSS FROM BUY NIFTY FUT DEC EXPIRY 2010 = -51 POINTS

PROFIT FROM SHORT NIFTY FUT FEB 2011 EXPIRY = +63.89 POINTS

TOTAL PROFIT/LOSS = +63.89 - 51 = +12.89

OR,

TOTAL PROFIT = 50 * +12.89 POINTS = RS. 644.50 PROFIT PER LOT