STRANGLE STRATEGY WORKED VERY WELL

THE STRATEGY USED ON 17TH JUNE ; TODAY 24TH JUNE

BUY NIFTY 6100 CALL @ 8
BUY NIFTY 5500 PUT @ 7

INVEST 10,000 IN 6100 CALL &
INVEST 10,000 IN 5500 PUT
6100 CALL INVESTMENT OF 10,000/- NOW 0
5500 PUT INVESTMENT OF 10,000/- 
NOW 40,000

TODAY 5500 PUT MADE A HIGH OF 29
7X50 = 350
29X50= 1450


GIVEN ON 15TH JUNE SATURDAY

So, if you believe that NIFTY from now 

that is from 

5800 it will rise to 6000

then invest 10,000/- in 

NIFTY 6100 CALL 

which is trading at 8 now

8x50 = 400/- per lot

if nifty rises to 6000 or 6100 till market expiry

THEN

NIFTY 6100 CALL

would be 40

40x50 = 2000/- per lot

10,000 investment

would appreciate to 50,000/-

in 10 days

if you feel for 10,000/- investment 

40,000/- returns are good

then 

BUY NIFTY 6100 CALL ON 17TH JUNE2013

@ 7-10

IF YOU FEEL YOUR 10,000/- WILL BE LOST

YOU WANT INSURANCE

THEN BUY ALSO 5500 PUT

@ 8

INVEST 10,000/-

IF NIFTY GOES DOWN TO 5500 OR 5600

U WILL STILL MAKE 40,000/- - 50,000/-

DON'T BELIEVE................?