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RPL CAN CHANGE THE FORTUNE (34) 14-May-08 22:08

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Posted by: syedabrarali on ( 14-May-08 22:08 )
Price : BSE: Rs 183.85 ( 3.17 % ), NSE: Rs. 184.00 ( 3.17 % )
To day I purchased a one lot of rpl may future @185 with a put optiong strike price 170 for Rs.3. On expiry i.e.29th may I will loose only 5025 if stock goes high otherwise stock falls my stock price will be hedged by this put option.By this method one can go long and roll-over ones position for very long time.