Monday, December 12, 2005

A Bullish Trade in Tata Steel

12 Dec 2005

We have a trade in Tata Steel for today. Basically a Bull Spread. The trade is as follows:

Buy 1 Tata Steel Dec 360 Call @ 6.25

Sell 1 Tata Steel Dec 380 Call @ 2.50

Market Lot of Tata Steel is 675 Shares.

Our Cost / Max Loss potential is Rs. 2531

Our Max Profit would be Rs. 10,969

Tata Steel Close 356

All Prices Friday Close.

Wishing all a Profitable Trade

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