Covered Calls for DEC 31, 2008

No	SYMBOL	EXPIRY	Strike PRICE	Call PRICE	Traded CONTRACTS	OPEN INTEREST	Stock  PRICE	Return FLAT	Return CALLED
1	UNITECH	29-Jan-09	40	5.4	886	941400	39.6	15.79%	16.96%
2	UNITECH	29-Jan-09	37.5	6.8	15	17100	39.6	14.33%	14.33%
3	COREPROTEC	29-Jan-09	50	5.8	7	6750	49	13.43%	15.74%
4	UNITECH	29-Jan-09	42.5	4.4	11	14400	39.6	12.50%	20.74%
5	UNITECH	29-Jan-09	35	8.3	275	304200	39.6	11.82%	11.82%
6	HDIL	29-Jan-09	140	14.05	100	49536	134.75	11.64%	15.99%
7	KFA	29-Jan-09	40	5.9	58	38250	41.75	11.58%	11.58%
8	RNRL	29-Jan-09	55	7.75	338	532824	57.05	11.56%	11.56%
9	SATYAMCOMP	29-Jan-09	160	16.6	1514	634200	160.7	11.03%	11.03%
10	RNRL	29-Jan-09	60	5.6	1055	1358880	57.05	10.88%	16.62%
11	SUZLON	29-Jan-09	60	6.6	766	1169000	60.75	10.80%	10.80%
12	HDIL	29-Jan-09	130	17.4	63	34572	134.75	10.78%	10.78%
13	RELINFRA	29-Jan-09	580	58	8	1518	585.25	10.00%	10.00%
14	RELCAPITAL	29-Jan-09	560	50.8	48	33672	558.6	10.00%	10.28%
15	RENUKA	29-Jan-09	70	6.35	104	275000	70.1	9.80%	9.80%
16	UNITECH	29-Jan-09	45	3.5	333	549900	39.6	9.70%	24.65%
17	GVKPIL	29-Jan-09	20	3	25	451250	21.25	9.59%	9.59%
18	JPASSOCIAT	29-Jan-09	85	7.35	53	30750	84.05	9.58%	10.82%
19	ARVIND	29-Jan-09	17.5	1.5	22	322500	17.3	9.49%	10.76%
20	IFCI	29-Jan-09	22.5	1.85	274	752540	21.75	9.30%	13.07%
21	DCB	29-Jan-09	20	3.05	11	30800	21.35	9.29%	9.29%
22	WWIL	29-Jan-09	12.5	1	17	126000	11.8	9.26%	15.74%
23	BAJAJHIND	29-Jan-09	70	5.35	39	69350	66	8.82%	15.42%
24	ISPATIND	29-Jan-09	12.5	0.95	42	1066550	11.75	8.80%	15.74%
25	DLF	29-Jan-09	280	27.75	1022	157600	285.3	8.72%	8.72%
26	GVKPIL	29-Jan-09	22.5	1.7	18	332500	21.25	8.70%	15.09%
27	ASHOKLEY	29-Jan-09	15	1.2	129	830850	15	8.70%	8.70%
28	DCB	29-Jan-09	22.5	1.7	5	14000	21.35	8.65%	14.50%
29	SATYAMCOMP	29-Jan-09	170	12.5	849	451200	160.7	8.43%	14.71%
30	PETRONET	29-Jan-09	40	3.05	44	314600	39.35	8.40%	10.19%
31	SUZLON	29-Jan-09	65	4.7	283	331000	60.75	8.39%	15.97%
32	JPASSOCIAT	29-Jan-09	80	10.2	266	158250	84.05	8.33%	8.33%
33	SAIL	29-Jan-09	80	6.05	157	194400	78.8	8.32%	9.97%
34	NAGARFERT	29-Jan-09	17.5	1.25	47	616000	16.35	8.28%	15.89%
35	DLF	29-Jan-09	290	21.8	29	38800	285.3	8.27%	10.06%
36	SATYAMCOMP	29-Jan-09	150	22.1	1644	878400	160.7	8.23%	8.23%
37	CHAMBLFERT	29-Jan-09	35	4.25	185	386400	36.6	8.19%	8.19%
38	UNITECH	29-Jan-09	30	11.85	100	100800	39.6	8.11%	8.11%
39	RCOM	29-Jan-09	230	17.05	511	108500	228.15	8.08%	8.95%
40	RELINFRA	29-Jan-09	600	43.65	32	12144	585.25	8.06%	10.78%
41	RELCAPITAL	29-Jan-09	540	58.8	44	29118	558.6	8.04%	8.04%
42	SAIL	29-Jan-09	75	9.35	56	106650	78.8	7.99%	7.99%
43	HINDALCO	29-Jan-09	50	4.35	150	425678	50.65	7.99%	7.99%
44	HDIL	29-Jan-09	150	9.95	42	36120	134.75	7.97%	20.19%
45	ICICIBANK	29-Jan-09	460	33.65	332	54075	458.6	7.92%	8.25%
46	JPHYDRO	29-Jan-09	30	2.85	5	65625	30.65	7.91%	7.91%
47	RELINFRA	29-Jan-09	560	66.25	7	4416	585.25	7.90%	7.90%
48	SUZLON	29-Jan-09	55	9.75	88	130000	60.75	7.84%	7.84%
49	RELCAPITAL	29-Jan-09	580	40.4	16	2484	558.6	7.80%	11.93%
50	RPL	29-Jan-09	90	6.35	1155	1859250	88.35	7.74%	9.76%

HAVE A HAPPY & PROSPEROUS NEW YEAR

Covered Calls for DEC 30, 2008

No	SYMBOL	EXPIRY	Strike PRICE	Option PRICE	Traded CONTRACTS	OPEN INTEREST	Stock  PRICE	Static PROFIT	Max PROFIT
1	UNITECH	29-Jan-09	37.5	6	29	17100	37.95	17.37%	17.37%
2	HDIL	29-Jan-09	130	17.55	44	25284	128.7	15.79%	16.96%
3	UNITECH	29-Jan-09	40	4.75	645	945900	37.95	14.31%	20.48%
4	RNRL	29-Jan-09	55	6.8	226	427332	54.9	14.14%	14.35%
5	HDIL	29-Jan-09	120	23.5	11	7740	128.7	14.07%	14.07%
6	UNITECH	29-Jan-09	35	7.1	370	236700	37.95	13.45%	13.45%
7	NIITLTD	29-Jan-09	25	2.75	6	8700	24.45	12.67%	15.21%
8	WWIL	29-Jan-09	10	1.9	6	22050	10.85	11.73%	11.73%
9	SUZLON	29-Jan-09	60	6.55	701	1092000	60.45	11.32%	11.32%
10	UNITECH	29-Jan-09	42.5	3.85	5	9000	37.95	11.29%	24.63%
11	SATYAMCOMP	29-Jan-09	150	14.95	2814	657600	148.1	11.23%	12.65%
12	HDIL	29-Jan-09	140	12.95	21	25800	128.7	11.19%	20.95%
13	JPASSOCIAT	29-Jan-09	80	7.9	160	132000	78.95	11.12%	12.60%
14	DCB	29-Jan-09	20	2.3	20	25200	20.35	10.80%	10.80%
15	TATAMOTORS	29-Jan-09	150	14.3	8	3400	148.95	10.62%	11.40%
16	CHAMBLFERT	29-Jan-09	35	3.95	89	320850	35.6	10.58%	10.58%
17	RELCAPITAL	29-Jan-09	540	50.45	230	28428	539.75	10.31%	10.36%
18	UNITECH	29-Jan-09	30	10.75	33	60300	37.95	10.29%	10.29%
19	RNRL	29-Jan-09	50	9.5	223	911880	54.9	10.13%	10.13%
20	JPASSOCIAT	29-Jan-09	75	10.85	16	9000	78.95	10.13%	10.13%
21	GVKPIL	29-Jan-09	22.5	1.9	16	285000	21.25	9.82%	16.28%
22	RENUKA	29-Jan-09	65	6.65	37	90000	65.85	9.80%	9.80%
23	DLF	29-Jan-09	280	24.55	339	59200	276.35	9.75%	11.20%
24	RNRL	29-Jan-09	60	4.8	305	1029888	54.9	9.58%	19.76%
25	STER	29-Jan-09	250	23.85	18	3942	252	9.58%	9.58%
26	KFA	29-Jan-09	40	3.2	5	11050	37.25	9.40%	17.47%
27	RELCAPITAL	29-Jan-09	520	64	6	828	539.75	9.30%	9.30%
28	DLF	29-Jan-09	270	29.3	179	44000	276.35	9.29%	9.29%
29	MRPL	29-Jan-09	40	3.35	6	35600	39.6	9.24%	10.34%
30	SATYAMCOMP	29-Jan-09	140	19.9	1841	371400	148.1	9.20%	9.20%
31	RELINFRA	29-Jan-09	560	49	33	4278	562.05	9.15%	9.15%
32	IFCI	29-Jan-09	22.5	1.8	401	634340	21.5	9.14%	14.21%
33	NAGARFERT	29-Jan-09	15	2.2	27	157500	15.95	9.09%	9.09%
34	RCOM	29-Jan-09	210	20.2	85	36750	212.85	9.01%	9.01%
35	GVKPIL	29-Jan-09	20	2.9	82	432250	21.25	8.99%	8.99%
36	ROLTA	29-Jan-09	110	10	7	6300	111.1	8.80%	8.80%
37	HINDALCO	29-Jan-09	50	4	85	267368	49.45	8.80%	10.01%
38	IDEA	29-Jan-09	50	4	15	226800	49.85	8.72%	9.05%
39	UNITECH	29-Jan-09	45	3	301	536400	37.95	8.58%	28.76%
40	RELCAPITAL	29-Jan-09	560	42.4	35	31326	539.75	8.53%	12.60%
41	SUZLON	29-Jan-09	65	4.65	187	291000	60.45	8.33%	16.49%
42	HDIL	29-Jan-09	150	9.85	15	29412	128.7	8.29%	26.21%
43	RELCAPITAL	29-Jan-09	500	78	13	1794	539.75	8.28%	8.28%
44	SAIL	29-Jan-09	75	8.5	101	97200	77.85	8.15%	8.15%
45	IFCI	29-Jan-09	20	3	368	786030	21.5	8.11%	8.11%
46	ISPATIND	29-Jan-09	12.5	0.85	80	1025050	11.4	8.06%	18.48%
47	ICICIBANK	29-Jan-09	450	32.9	167	32200	445	7.98%	9.20%
48	SAIL	29-Jan-09	80	5.75	174	172800	77.85	7.98%	10.96%
49	SATYAMCOMP	29-Jan-09	160	10.9	1792	527400	148.1	7.94%	16.62%
50	RPL	29-Jan-09	90	6.5	1415	1882700	88.35	7.94%	9.96%