March Strategies for thought

A review of February 2009 postings!
1. NFITY as expected moved range bound and finally settled around 2785 close to what it opened at option expiry in Jan 2009.

2. The RELNAT possibility of buying below 40 (Selling Put Naked) dream never fullfilled. This means Put Naked if one had sold would have expired worthless leaving the seller with good Premium collection.

3. Those who sold NIFTY for zero point would have made handsome premium collections!

4. So who moved my NIFTY?So what is the strategy for March 2009? World markets are going down under so the clue is to sell deep in the money and get protected upto that level. Try selling NIFTY 2200 CALL for 500+ and if the market lies below 2700 you are a sure premium pocketed fella!

Cheers
JK