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bank nifty covered again |
drbalarst
White Belt
Joined: 08 Mar 2008
Posts: 9
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Post: #1  Posted: Fri May 15, 2009 10:12 pm Post subject: bank nifty covered again |
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dear freinds, watch this on 22 april 2009 bank nifty shorted at rs112 , put option 4200 in may series, around 8000 contracts, the open interest is 400000, the same 4200 bank nifty is covered on may 15 at around rs.20, 4200 contracts minus 195000. bank nifty today closed near its days high, nearly 200 points up, but 4200 may series put closed near its days high rs.20 and days low is rs.4. huge short covering  |
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