Monday, July 9, 2007

Consistent Money- Write Options- strategy for July

Few days Back I recommended in my blog to write/sell 4200 July Put. Nifty has big support at 4220-4205. Also the trend is up and the nifty can attempt to achieve target of 4400+. The july put is 14 days away from expiry. A cool 10% can be made from the moment i recommended it.

This is consistent money. Considering the risk involved and the return the game of probability comes into picture. Patience is the key.                                                              

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