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Option & Future Hedge Investment (Rs.

) PE Sell (Points) CE Sell (Points) Future (Points)


Option Strike Price September Option 4500.00 4300.00
Price on19/08/2009 75000.00 252.00 260.00 4420.00
Buy Nifty Future at 4420 & Hold till comes again at 4420 and Sell Nifty Future at
Action after Option Sell
4380 and Hold till comes again at 4380
Price on 15/09/2009 25600.00 10.00 580.00 4880.00
Net Inv. & Points 49400.00 242.00 -320.00 460.00
(a) (b) (c)
Income Points (a)+(b)+(c) 382.00
Income per Lot of 50 (Rs.) 19100.00
Brokerage (Est.) 380.00
Net Income 18720.00
Income (%age) 37.89%
Note : (i) Nifty Future traded for 6 times (3 buy & 3 sell) during the period.
(ii) Options sold at 14:10 on 19/08/2009
(iii) Had to go long at 4450 on 20/08/2009 and covered the points on 21/08/2009
Option & Future Hedge Investment (Rs.) PE Sell (Points) CE Sell (Points) Future (Points)
Option Strike Price October Options 5000.00 4800.00
Price on15/09/2009 75000.00 251.00 252.00 4900.00
Buy Nifty Future at 4900 & Hold till comes again at 4900 and Sell Nifty Future at
Action after Option Sell
4875 and Hold till comes again at 4875
Price on 14/10/2009 25150.00 60.00 325.00 5100.00
Net Inv. & Points 49850.00 191.00 -73.00 200.00
(a) (b) (c)
Income Points (a)+(b)+(c) 318.00
Income per Lot of 50 (Rs.) 15900.00
Brokerage (Est.) 180.00
Net Income 15720.00
Income (%age) 31.53%
Note : (i) Nifty Future traded for 2 times (1 buy & 1 sell) during the period.
(ii) Options sold at 12:45 on 15/09/2009
Option & Future Hedge Investment (Rs.) PE Sell (Points) CE Sell (Points) Future (Points)
Option Strike Price November Options 5200.00 5000.00
Price on14/10/2009 75000.00 226.00 259.00 5075.00
Buy Nifty Future at 5125 & Hold till comes again at 5125 and Sell Nifty Future at
Action after Option Sell
5075 and Hold till comes again at 5075
Price on 06/11/2009 24250.00 417.70 39.20 4790.00
Net Inv. & Points 50750.00 -191.70 219.80 285.00
(a) (b) (c)
Income Points (a)+(b)+(c) 313.10
Income per Lot of 50 (Rs.) 15655.00
Brokerage (Est.) 480.00
Net Income 15175.00
Income (%age) 29.90%
Note : (i) Nifty Future traded for 8 times (4 buy & 4 sell) during the period.
(ii) Options sold at 13:30 on 14/10/2009
Option & Future Hedge Investment (Rs.) PE Sell (Points) CE Sell (Points) Future (Points)
Option Strike Price December Options 5000.00 4800.00
Price on 09/11/2009 75000.00 252.00 250.00 4910.00
Buy Nifty Future at 4910 & Hold till comes again at 4910 and Sell Nifty Future at
Action after Option Sell
4880 and Hold till comes again at 4880
Price on 17/12/2009 25100.00 79.00 261.00 5036.00
Net Inv. & Points 49900.00 173.00 -11.00 126.00
(a) (b) (c)
Income Points (a)+(b)+(c) 288.00
Income per Lot of 50 (Rs.) 14400.00
Brokerage (Est.) 540.00
Net Income 13860.00
Income (%age) 27.78%