Hi Friends,
I need ur valuable advice in this stragegy.
I am in a process of creating a method to get good income per month.
it is so simple. Example if capital is 1 .25 lakh..
split ur capital as 65% for buying stocks and remaning for selling call option of that stock.
E.x here i took infosys as a example.
on jan 1st 2010 i bought 20 shares of infy around 2600.52000+brkg
we will keep it till my target 4000 achieved(too high i know this is for very long term)
in Every month we will se11 the one call option and keep it till expiry
Here for january i sold 2750 call option at 26.
for each month we will calculate the strike price as(last close +150) here 2600+150=2750 make it appro to near strike price available.
it will continue for every month till i reach my target.
I need ur advice and suggestions for this how to tweak it further..
Stocks in my mind for this INFY, RELIANCE.. pls tell some more stocks...
I hope u will help in this process.
As per paper trading in this method from JAn 1 to till date 6 rs profit in stocks and 33 rs per lot in options( all these total for 5 month)
6* 20 =120
33*200=6600
pls advice me..
I need ur valuable advice in this stragegy.
I am in a process of creating a method to get good income per month.
it is so simple. Example if capital is 1 .25 lakh..
split ur capital as 65% for buying stocks and remaning for selling call option of that stock.
E.x here i took infosys as a example.
on jan 1st 2010 i bought 20 shares of infy around 2600.52000+brkg
we will keep it till my target 4000 achieved(too high i know this is for very long term)
in Every month we will se11 the one call option and keep it till expiry
Here for january i sold 2750 call option at 26.
for each month we will calculate the strike price as(last close +150) here 2600+150=2750 make it appro to near strike price available.
it will continue for every month till i reach my target.
I need ur advice and suggestions for this how to tweak it further..
Stocks in my mind for this INFY, RELIANCE.. pls tell some more stocks...
I hope u will help in this process.
As per paper trading in this method from JAn 1 to till date 6 rs profit in stocks and 33 rs per lot in options( all these total for 5 month)
6* 20 =120
33*200=6600
pls advice me..