option arbitrage idea with definite profit?

[drsambu123]

hi

now nifty spot 6094 (10-5-2013)

December 6100PE 170.30
December 6000PE 197.10
http://www.nseindia.com/live_market...instrument=OPTIDX&symbol=NIFTY&date=26DEC2013



If we buy 6100 PE and sell 6000PE , its debit bearish put spread.. Actually we have to pay some amount and buy the spread. Here actually we receive money ( 197-170= 27) like a credit spread.
How come this scenario exists.
My question is 1. whether this scenario will exist on monday when trade starts
2. If exist , we can buy this?
option experts pl give your view

 

[drsambu123]

similarly
December 6000CE 455.9
December 6100 CE 474.5

If we buy 6000CE and sell 6100CE its a debit call spread.But here we get money to take this spread.
how come this scenario exists?
Is it possible to buy this spread on monday(13-5-13)? or it may not be liquid to buy??????

 

[aditya14]

similarly
December 6000CE 455.9
December 6100 CE 474.5

If we buy 6000CE and sell 6100CE its a debit call spread.But here we get money to take this spread.
how come this scenario exists?
Is it possible to buy this spread on monday(13-5-13)? or it may not be liquid to buy??????

there is a 100 point bid/ask gap and OI of 450 on 6100 so yes its theoretical but not practical

 

[viharpatel]

what if we sell both 6000 call and put of dec13 with last trade price total almost 623?

i know than we did not get that total cause jobing but if that is , this is good idea.

break even point are 5373-6627 which is good i think.

whats your view?

 

[drsambu123]

Yes there is high chance for nifty to end within that level....