Friday, February 26, 2010

2nd Hedging Position of February 2010

Sell Nifty 4800 Call (Mar) at 205-215 and hold. Go Long if Nifty Fut trades above 4890 and hold till Nifty Fut comes back below 4890

Sell Nifty 5000 Put (Mar) at 190-200 & hold. Go Short if Nifty Fut trades below 4840 and hold till Nifty Fut comes back above 4840

We have sold 4800 Call at 212 and 5000 Put at 195. So we got total premium of 407 points.

Thursday, February 25, 2010

Final Profit Calculation of 1st Hedging Position of Feb. 2010

Final Profit calculation of 1st hedging position of Feb.2010 :
Position taken on 05 February 2010
Sold Options of March.2010 Series and Hedging to be done by Nifty Future of February 2010 Series.

Current Premium of 4600 Call = 327
Current Premium of 4900 Put = 175
Total Current Premium = 502
Nifty Future Points gained by Hedging 4864 - 4810 = 54
(We could go long in Nifty Future at 4810 as per rules.)
Points gain at the time of selling both options = 555
Net gain in points 555 - 502 + 54 = 107 Points

We exited from this position due to major event of Budget. In stead of making any hedging position we have bought 4900 CE and 4800 PE of March contract.

Wednesday, February 24, 2010

Exit call from Hedging

Exit from Hedging Position. Exit call has been given at Messenger as also through SMS.

Monday, February 22, 2010

Profit Calculation of 1st Hedging Position of February 2010

Profit calculation of 1st hedging position of Feb.2010 :
Position taken on 05 February 2010
Sold Options of March.2010 Series and Hedging to be done by Nifty Future of February 2010 Series.

Current Premium of 4600 Call = 332
Current Premium of 4900 Put = 176
Total Current Premium = 508
Nifty Future Points gained by Hedging 4870 - 4810 = 60
(We could go long in Nifty Future at 4810 as per rules.)
Points gain at the time of selling both options = 555
Net gain in points 555 - 508 + 60 = 107 Points

Target : 200 Points by 19-23 February 2010. But we have not yet been able to target. As I have already mentioned in my previous post that we will hold this position till budget and exit at an appropriate time because we may not make fresh position for hedging before budget presentation. So hold for the time being.

Thursday, February 18, 2010

Clarification for Nifty Future & Option Hedging Strategy

We are near to our target even taking late entry into Nifty Future due to gap-ups. We will continue to hold this position and will exit after getting around 50-100 points more than our target. We are changing our plan for few days due to Union Budget session next week. As per our strategy, before any known big event, we don't take hedging position and instead of this, a special call may be given at appropriate time for buying OTM Options after exiting from present position. Thanks.

Friday, February 5, 2010

1st Hedging Position of February 2010

Sell Nifty 4600 Call (Mar) at 260-270 and hold. Go Long if Nifty Fut trades above 4760 and hold till Nifty Fut comes back below 4760

Sell Nifty 4900 Put (Mar) at 285-295 & hold. Go Short if Nifty Fut trades below 4710 and hold till Nifty Fut comes back above 4710

Premium levels may vary at the time of taking position. Try to get around 540-550 points.

EXIT from 4800CE & 5100 PE Hedging Position

Hi - People holding position of selling of 4800CE & 5100PE and Nifty short at 4950 may EXIT now (9.35 AM), Fresh call is coming soon.

Exit from previous Hedging position

People who had taken Nifty future & Option Hedging position by selling 4800 Call and 5100 Put may exit today as profit of 200 points is likely to be achieved. Call for first position of February 2010 will be given at appropriate time.

Tuesday, February 2, 2010

Previous Holding for Hedging

Few people have taken hedging position by selling 4800 CE and 5100 PE (Feb.) few days back. We will give a call for exit and making fresh position. - Thanks