RARE  OPTIONS  STRATEGY
 24 JAN 2017
THE STRATEGY - CCC101
   Qty.    Price          Credit        Debit
1     27 DEC  2018   8000 Call Sell 75 3243.00 243225.00
2     28 MAR  2018  11500 Call Buy 75 80.70 6052.5
3     28 MAR  2018  11000 Put Sell 75 190.90 14317.50
4     27 DEC  2018  11000 Put Sell 75 370.00 27750.00
       --------------     -----------
Total 285292.50 6052.50
Net credit received 279240.00 279240.00
Do not enter into trades if the net credit likely to be received is less than  Rupees : 279000.00 276447.60
The NSE's total (SPAN+MTM) margin requirement for this combination of 4 trades is about
Rs.442000.00 but since we have received a credit of Approx. Rs.277000 the net investment
is only Rs.165000.00.
By 22 FEB 2018  (Febuary expiry day)  the minimum profit is likely to be Rs.4000 if the Nifty
Febuary future remains between 10500 and 12000
Notes : Minor adjustments are required a few days before Febuary expiry or earlier if the Nifty Febuary
Future tends to drop below 10500 or rise above 11500.  Exact details will be available on this
page when required.
Rates given above are previous day's closing rates. Traders should check the current rates
and calculate the total credit likely to be received before entering into the 1st Trade.
Multiples/Sub multiples of the above strategies  (Keeping the ratio of various legs same) can be
used till the net credit received is also proportional. After certain quantity you may notice that
some of the legs become illiquid or the credit received is not proportional. Trades should be
executed only if you continue to receive proportional credit. Normally there should be no
difficulty in receiving proportional credit till you reach margin levels of Rs.5 Crore to Rs.10 Crore.
The strategies as well as consultations regarding the same are available absolutely free of cost
to everybody.  For consultations please contact after NSE Trading hours only.
Suggestions to improve upon the above strategies are most welcomed from anyone.
Payment  of Margins can be paid either through pledge of shares already held by the Trader or through a
Margins cheque.  IF margin is paid by cheque the broking firm should be asked to make a Bank F.D.
for the entire amount.  This will give an additional pre-tax income of 7 % or so. This is very
important.