Covered Calls for JULY 11 2008

SYMBOL	EXPIRY	STRIKE	Option CLOSE	CONTRACTS	OPEN INTEREST	Stock CLOSE	Static PROFIT	Max PROFIT
AIRDECCAN	31-Jul-08	80	6.55	35	21250	78.6	9.09%	11.03%
MRPL	31-Jul-08	50	5.25	44	149075	51.6	7.87%	7.87%
RELINFRA	31-Jul-08	860	62.45	17	2346	856.15	7.87%	8.35%
RENUKA	31-Jul-08	115	7.7	11	60000	114.1	7.24%	8.08%
ISPATIND	31-Jul-08	25	1.55	487	2427750	23.95	6.92%	11.61%
NEYVELILIG	31-Jul-08	110	6.9	11	20650	107.3	6.87%	9.56%
TTML	31-Jul-08	25	1.85	154	1640650	25.45	5.93%	5.93%
ISPATIND	31-Jul-08	22.5	2.7	260	1004300	23.95	5.88%	5.88%
JPASSOCIAT	31-Jul-08	170	10.1	212	197250	170.95	5.69%	5.69%
RENUKA	31-Jul-08	110	10	56	395000	114.1	5.67%	5.67%
CHAMBLFERT	31-Jul-08	75	3.65	134	500250	69.7	5.53%	13.55%
SAIL	31-Jul-08	140	6.95	254	409050	139.8	5.23%	5.38%
SBIN	31-Jul-08	1230	67	49	15312	1236.55	5.17%	5.17%
IDEA	31-Jul-08	90	4.25	113	523800	86.6	5.16%	9.29%
RENUKA	31-Jul-08	120	5.55	66	360000	114.1	5.11%	10.55%
CAIRN	31-Jul-08	240	13.9	112	241250	242.25	5.10%	5.10%
AIRDECCAN	31-Jul-08	70	11.9	6	21250	78.6	4.95%	4.95%
RELCAPITAL	31-Jul-08	1200	51.2	38	6762	1117.85	4.80%	12.50%
HINDOILEXP	31-Jul-08	140	6.25	7	185600	137.05	4.78%	7.03%
SATYAMCOMP	31-Jul-08	480	20.8	322	1155000	477.9	4.55%	5.01%
SBIN	31-Jul-08	1260	53.5	6	1716	1236.55	4.52%	6.50%
RELIANCE	31-Jul-08	2040	92	24	5175	2046.65	4.37%	4.37%
HOTELEELA	31-Jul-08	35	1.35	6	183750	32.35	4.35%	12.90%
HCC	31-Jul-08	100	3.65	10	47600	90.1	4.22%	15.67%
GMRINFRA	31-Jul-08	100	3.75	207	522500	94.3	4.14%	10.44%
TTML	31-Jul-08	27.5	1	148	1212200	25.45	4.09%	12.47%
TATASTEEL	31-Jul-08	700	27.3	562	186416	698.9	4.06%	4.23%
IFCI	31-Jul-08	50	1.7	375	1507050	43.75	4.04%	18.91%
JPASSOCIAT	31-Jul-08	180	6.6	105	117000	170.95	4.02%	9.52%
NEYVELILIG	31-Jul-08	100	11.1	7	13275	107.3	3.95%	3.95%
SBIN	31-Jul-08	1200	81.95	48	24816	1236.55	3.93%	3.93%
SBIN	31-Jul-08	1290	44	13	7656	1236.55	3.69%	8.17%
ISPATIND	31-Jul-08	20	4.65	127	1029200	23.95	3.63%	3.63%
BHEL	31-Jul-08	1620	54.65	70	7350	1563.4	3.62%	7.37%
NTPC	31-Jul-08	165	7.7	34	131625	166.95	3.61%	3.61%
INDHOTEL	31-Jul-08	90	4.85	6	30384	91.75	3.57%	3.57%
SAIL	31-Jul-08	135	9.4	6	13500	139.8	3.53%	3.53%
RPL	31-Jul-08	165	11.6	17	120600	171.15	3.42%	3.42%
CHAMBLFERT	31-Jul-08	80	2.3	101	1155750	69.7	3.41%	18.69%
SATYAMCOMP	31-Jul-08	490	14.1	13	12000	477.9	3.04%	5.65%
ICICIBANK	31-Jul-08	660	17.95	22	31500	616.9	3.00%	10.19%
UNITECH	31-Jul-08	190	5.05	15	50400	173.75	2.99%	12.63%
SATYAMCOMP	31-Jul-08	460	30.9	80	732600	477.9	2.91%	2.91%
TATASTEEL	31-Jul-08	680	38.05	181	45840	698.9	2.90%	2.90%
RELIANCE	31-Jul-08	1950	151.15	34	12000	2046.65	2.88%	2.88%
SBIN	31-Jul-08	1320	34.2	12	7788	1236.55	2.84%	9.79%
RPL	31-Jul-08	160	15.55	203	1010025	171.15	2.83%	2.83%
SATYAMCOMP	31-Jul-08	500	12.8	249	172800	477.9	2.75%	7.50%
SAIL	31-Jul-08	150	3.65	174	502200	139.8	2.68%	10.17%
SAIL	31-Jul-08	130	13	86	176850	139.8	2.52%	2.52%

Covered Calls for JULY 10 2008

SYMBOL	EXPIRY	STRIKE	Option CLOSE	Stock CLOSE	Static PROFIT	Max PROFIT
NAGARFERT	31-Jul-08	32.5	3.5	32.85	10.73%	10.73%
PARSVNATH	31-Jul-08	120	12	120.9	10.19%	10.19%
RNRL	31-Jul-08	70	8.55	72.35	9.72%	9.72%
IFCI	31-Jul-08	42.5	3.7	42.15	9.62%	10.53%
AIRDECCAN	31-Jul-08	70	8.5	72.5	9.38%	9.38%
RNRL	31-Jul-08	75	6.2	72.35	9.37%	13.38%
ISPATIND	31-Jul-08	22.5	1.9	22.5	9.22%	9.22%
BINDALAGRO	31-Jul-08	25	2.65	25.55	9.17%	9.17%
MRPL	31-Jul-08	50	4.15	49.9	9.07%	9.29%
NAGARFERT	31-Jul-08	35	2.65	32.85	8.77%	15.89%
CHAMBLFERT	31-Jul-08	70	5.4	69.5	8.42%	9.20%
DCB	31-Jul-08	55	4.2	55	8.27%	8.27%
RELINFRA	31-Jul-08	840	60.95	835.75	7.87%	8.42%
IFCI	31-Jul-08	40	5.05	42.15	7.82%	7.82%
NAGARFERT	31-Jul-08	30	5	32.85	7.72%	7.72%
HDIL	31-Jul-08	450	33.8	451.75	7.67%	7.67%
IFCI	31-Jul-08	32.5	11.95	42.15	7.62%	7.62%
AIRDECCAN	31-Jul-08	80	5	72.5	7.41%	18.52%
GMRINFRA	31-Jul-08	90	7.4	91.25	7.33%	7.33%
RELCAPITAL	31-Jul-08	1110	93.9	1128.3	7.31%	7.31%
RCOM	31-Jul-08	430	40	440.8	7.29%	7.29%
RELCAPITAL	31-Jul-08	1140	75.35	1128.3	7.16%	8.27%
SUZLON	31-Jul-08	210	13.9	208.5	7.14%	7.91%
POLARIS	31-Jul-08	80	5.3	79.75	7.12%	7.45%
JPHYDRO	31-Jul-08	50	3.25	49.05	7.10%	9.17%
RNRL	31-Jul-08	65	11.65	72.35	7.08%	7.08%
RPOWER	31-Jul-08	150	9.5	148.65	6.83%	7.80%
NEYVELILIG	31-Jul-08	100	12.1	105.75	6.78%	6.78%
HCC	31-Jul-08	90	8	92.35	6.70%	6.70%
RELINFRA	31-Jul-08	820	67	835.75	6.67%	6.67%
RELCAPITAL	31-Jul-08	1170	70	1128.3	6.61%	10.55%
IFCI	31-Jul-08	45	2.6	42.15	6.57%	13.78%
TVSMOTOR	31-Jul-08	30	1.7	28.2	6.42%	13.21%
IFCI	31-Jul-08	37.5	6.9	42.15	6.38%	6.38%
RENUKA	31-Jul-08	110	9.8	113.2	6.38%	6.38%
RCOM	31-Jul-08	440	27.2	440.8	6.38%	6.38%
UNITECH	31-Jul-08	170	13.1	172.95	6.35%	6.35%
RENUKA	31-Jul-08	115	6.75	113.2	6.34%	8.03%
RNRL	31-Jul-08	80	4.3	72.35	6.32%	17.56%
TTML	31-Jul-08	25	1.45	24.6	6.26%	7.99%
DLF	31-Jul-08	450	26.5	450.3	6.18%	6.18%
RELINFRA	31-Jul-08	800	82.2	835.75	6.16%	6.16%
RELCAPITAL	31-Jul-08	1050	138	1128.3	6.03%	6.03%
NEYVELILIG	31-Jul-08	110	6	105.75	6.02%	10.28%
ALOKTEXT	31-Jul-08	40	3.1	40.85	5.96%	5.96%
ACC	31-Jul-08	540	30	537.05	5.92%	6.50%
IDEA	31-Jul-08	90	4.85	87.75	5.85%	8.56%
RELINFRA	31-Jul-08	780	98.8	835.75	5.84%	5.84%
TATAMOTORS	31-Jul-08	400	29	407.2	5.76%	5.76%
MRPL	31-Jul-08	55	2.7	49.9	5.72%	16.53%
GMRINFRA	31-Jul-08	95	4.9	91.25	5.67%	10.02%
ARVIND	31-Jul-08	35	1.8	33.8	5.63%	9.38%
RELINFRA	31-Jul-08	760	116	835.75	5.59%	5.59%
IDEA	31-Jul-08	85	7.2	87.75	5.52%	5.52%
SUZLON	31-Jul-08	200	18.9	208.5	5.49%	5.49%
CHAMBLFERT	31-Jul-08	75	3.6	69.5	5.46%	13.81%
HOTELEELA	31-Jul-08	30	3.25	31.7	5.45%	5.45%
CAIRN	31-Jul-08	240	12.1	238.35	5.35%	6.08%
RPOWER	31-Jul-08	145	11	148.65	5.34%	5.34%
HDIL	31-Jul-08	440	34.05	451.75	5.34%	5.34%
RCOM	31-Jul-08	450	22.25	440.8	5.32%	7.51%
RNRL	31-Jul-08	60	15.35	72.35	5.26%	5.26%
CHAMBLFERT	31-Jul-08	65	7.75	69.5	5.26%	5.26%
JPASSOCIAT	31-Jul-08	170	11.6	173.2	5.20%	5.20%
ALBK	31-Jul-08	60	2.9	58.9	5.18%	7.14%
TATAMOTORS	31-Jul-08	420	20	407.2	5.17%	8.47%
SAIL	31-Jul-08	135	7.1	135.5	5.14%	5.14%
ICICIBANK	31-Jul-08	620	32	621.7	5.14%	5.14%
DLF	31-Jul-08	460	21.9	450.3	5.11%	7.38%
BALRAMCHIN	31-Jul-08	80	3.65	75.3	5.09%	11.65%
RPL	31-Jul-08	170	8.1	169.4	5.02%	5.39%
UNITECH	31-Jul-08	180	8.2	172.95	4.98%	9.26%
HINDOILEXP	31-Jul-08	140	6.4	136.05	4.94%	7.98%
PETRONET	31-Jul-08	60	2.7	57.65	4.91%	9.19%
RELINFRA	31-Jul-08	900	39	835.75	4.89%	12.96%
SBIN	31-Jul-08	1230	64.3	1237.8	4.81%	4.81%
SBIN	31-Jul-08	1260	56.85	1237.8	4.81%	6.69%
RELCAPITAL	31-Jul-08	1020	155	1128.3	4.80%	4.80%
IFCI	31-Jul-08	35	8.75	42.15	4.79%	4.79%
RELCAPITAL	31-Jul-08	1200	51.5	1128.3	4.78%	11.44%
RCOM	31-Jul-08	400	59	440.8	4.77%	4.77%
RENUKA	31-Jul-08	120	5.1	113.2	4.72%	11.01%
DLF	31-Jul-08	440	30	450.3	4.69%	4.69%
TATASTEEL	31-Jul-08	680	30.15	677.6	4.66%	5.03%
ISPATIND	31-Jul-08	25	1	22.5	4.65%	16.28%
CAIRN	31-Jul-08	230	18.5	238.35	4.62%	4.62%
DCB	31-Jul-08	50	7.2	55	4.60%	4.60%
INFOSYSTCH	31-Jul-08	1830	79.95	1821.9	4.59%	5.05%
DCB	31-Jul-08	60	2.4	55	4.56%	14.07%
RPOWER	31-Jul-08	140	14.75	148.65	4.56%	4.56%
ARVIND	31-Jul-08	32.5	2.7	33.8	4.50%	4.50%
PETRONET	31-Jul-08	55	5	57.65	4.46%	4.46%
RPL	31-Jul-08	165	11.45	169.4	4.46%	4.46%
BHARTIARTL	31-Jul-08	740	37.95	746.4	4.45%	4.45%
IDBI	31-Jul-08	70	2.95	69.65	4.42%	4.95%
JPHYDRO	31-Jul-08	45	5.95	49.05	4.41%	4.41%
RCOM	31-Jul-08	420	38.5	440.8	4.40%	4.40%
DLF	31-Jul-08	470	18.95	450.3	4.39%	8.96%
SAIL	31-Jul-08	140	5.65	135.5	4.35%	7.82%
RELINFRA	31-Jul-08	700	164.85	835.75	4.34%	4.34%