Book Profit in Buy NIFTY 6100 Put @ Rs. 94.40 - 120 (according to Risk level) recommended @ Rs. 37.25 on 11 Nov 2010 and Book Profit in Short NIFTY 6400 Call @ Rs. 9.75 - 5.30 (according to Risk Level) recommended @ Rs. 21.10 on 11 Nov 2010 and Final Close the Position.
So the Total Profit from the Collar generated on 11 Nov 2010 is :-
Loss From Long Position in NIFTY Nov Fut = Rs. -2750 per lot
Profit From Long Position in NIFTY 6100 Put = Rs. 2857.50 per lot (+57.15(94.40 - 37.25) Premium * 50))
Profit From Short Position in NIFTY 6400 Call = Rs. 567.50 per lot ( +11.35 (21.10 - 9.75) Premium * 50)
Total Profit in Collar = -2750 + 2857.50 + 567.50 = Rs. 675 per lot.
Narayan narayan sirjee,
ReplyDeleteI have an addition to make.
Please keep all the results of your calls compiled, as table. it will help you track your precision, and work as your growth indicator.
Keep it up. I donot understand stocks much, but know that what you do is very relevant.