JULY has historically been the best month for NIFTY packages for us. Our long time members cant just forget July 2009: 1431 Points. Yes, our calculation method during those days was HIGHER target & not AVERAGE target as it is this year, but still 1431 POINTS was stunning as so is 600 POINTS o average this JULY!!!
NIFTY was again highly range-bound and appeared to have topped out around 5450 but Global markets were dictating the direction and as expected closed between 5350 - 5450 !!!
OPTIONS STRATEGY worked the best as you would have expected, we told everyone very precisely that EXPIRY would be within our range of profit, so those who had the courage to hold on the ZERO RISK OPTION STRATEGY could have easily made 253 Points ZERO RISK. Needless to say that OPTION Strategy was never in negative throughout the month as always, though SUPER SAFE traders would have booked as always about 100 points @ ZERO RISK and sit pretty.
EQUITY calls were the ones that are suffering now because of 2 factors: Firstly, range-bound markets which turn around even more than once a day. Secondly, the reduced no. of share per LOTS in Futures have affected profits but thats an advantage as RISK is also smaller!!
EQUITY CALLS PERFORMANCE (JULY):
- TOTAL PROFITS (per LOT) = MORE THAN 1,85,000 (Rs. 1,87,140)
- TOTAL PROFITS (per LAC) = MORE THAN 50,000 (Rs. 56,581)
EQUITY CALLS HIGHLIGHTS THIS MONTH:
- 01 JULY: BEST DAY - 4 TARGET & 1 SL (80% Accuracy) GAIN Rs. 29113 per LOT !!!
- 26 JULY: BEST DAY - 7 CALLS & ALL Targets GAIN Rs. 29750 per LOT & Rs. 9347 per LAC !!!
- 27 JULY: WORST DAY - 04 CALLS ACTIVE - 3 SL HIT LOSS Rs. 4500 per LOT!!
- 27 JULY: WORST DAY - LOSS per LAC: Rs. 1552
POSITIONAL CALLS: See below
NIFTY OPTION STRATEGY (100% SAFE) FOR FREE MEMBERS:
01st JULY 2010
SELL 5100 PE @ 60 (CMP 0.05); SELL 5200 PE @ 90 (CMP 0.05)
SELL 5300 CE @ 90 (CMP 103); SELL 5400 CE @ 50 (CMP 07)
TOTAL PREMIUM earned: 290
CMP on EXPIRY: 29th JULY 2010: 110
TOTAL OPEN GAIN: 180 POINTS
Lets enjoy Nifty'ing !!!!