04 September 2011

Long Nifty Put:: IIFL 1-Month Portfolio: Bets for September

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To hedge our portfolio against sharp correction in the markets due to uncertainty in the global
markets, we recommend investors to buy September 4900 Put at ~Rs80. The Maximum Loss would be
Rs4,000/lot with Break even Nifty Level at 4820 on downside beyond which the Strategy has a positive
pay-off.


Long/ Short Long
Option Type Put
Expiry Sep-11
Strike Price 4900
Premium (Rs) 80
IV 22
Quantity 50


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