Option Strategy: Covered Call

In covered call strategy call option is sold against already own stocks. Professional investors write covered calls to increase their investment income. For example, assume that on 01, January a trader Mr A owns 100 shares of XYZ company. XYZ currently trading at Rs 100 but Mr. A pretty sure it will stay below Rs 105. To generate a little bit of extra income, he sells Mr. B a call option with February expiration date and a strike price of Rs 105. The Call option is priced at Rs 3 per share and it controls 100 shares. By selling the call option, Mr. A receives a Rs 300 premium today in exch...
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Market updates Today 06 Nov 2015

Nifty November future is trading at 7969.95 down 0.24%, the market is negative. The market is searching for direction before Bihar election. Anyway, the market started positively today. SENSEX reached up to 26439 and Nifty touched 8002.65. SBI, Infosys, Reliance, Bajaj Auto and L&T are top gainers while Dr Reddy's Labs, Tata Steel, Vedanta, GAIL and M&M are among losers in the Sensex. DIWALI MEGA OFFER FREE TIPS FOR ONE MONTH IN CALL PUT OPTION (INDEX/STOCK ) REGISTER HERE  
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Most active Option Calls and Puts, Updates

FIIs bought 123 crore,  while DIIs bought 104 crore in the cash segment. FIIs bought 853 crore in index futures and 644 crore in index options. In stock futures, they sold 11 crore The highest Put base stands at the 8100 strike with 56 lakh shares while the highest Call base is at the 8500 strike with 49 lakh shares. The 8300 and 8400 Calls saw reductions of 5.0 and 4.1 lakh shares, respectively. The 8300 and 8400 Put strikes saw additions of 6.9 and 11.5 lakh shares, respectively MOST ACTIVE CALLS BHARATFORG Expiry Date 28MAY2015 Option Type CALL Strike Price 1300 LTP 8.50 Traded Volume 7...
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