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SOS Trade: Cover 400 Nifty Call

Deepak Shenoy1 min read
Quick Facts
What is "SOS Trade: Cover 400 Nifty Call" about?
What category is this article in?
General
Who wrote this article?
Deepak Shenoy, Capitalmind's research team.
When was this article published?
Published 6 October 2008.
How long does this article take to read?
1 min read
What topics does this article cover?
ShortOnly

I’ve decided to cover the Nifty 4100 call I wrote earlier in the Short Only Strategy. It’s now down to Rs. 28.3, from a sell point of 209, which is a 180 point profit. I’m now almost all in cash there - a 9.41% profit to date (from Aug 12).

Check out the current status.

I should have had more transactions in there so am feeling a little stupid. But I think it’s time for a bounce, and feel the need to book a little profit.

Tagged:ShortOnly