Covered Calls for SEPT 11, 2008

No	SYMBOL	EXPIRY	Strike PRICE	Option PRICE	Traded CONTRACTS	OPEN INTEREST	Stock  PRICE	Static PROFIT	Max PROFIT
1	STERLINBIO	25-Sep-08	175	12	10	25000	172.05	7.50%	9.34%
2	IFCI	25-Sep-08	47.5	3.15	238	457040	47.5	7.10%	7.10%
3	STERLINBIO	25-Sep-08	195	10.15	20	50000	172.05	6.27%	20.44%
4	WWIL	25-Sep-08	22.5	1.35	5	157500	22.55	6.13%	6.13%
5	STER	25-Sep-08	520	28.2	477	81468	507.55	5.88%	8.48%
6	FSL	25-Sep-08	45	2.6	10	133000	45.1	5.88%	5.88%
7	NAGARFERT	25-Sep-08	37.5	2.05	6	80500	37.35	5.81%	6.23%
8	POLARIS	25-Sep-08	100	4.8	8	89600	99.4	5.07%	5.71%
9	IFCI	25-Sep-08	50	2.25	3007	6304000	47.5	4.97%	10.50%
10	TRIVENI	25-Sep-08	90	4.5	5	9625	90.25	4.96%	4.96%
11	TRIVENI	25-Sep-08	95	4.25	6	15400	90.25	4.94%	10.47%
12	AIRDECCAN	25-Sep-08	90	4.05	13	29750	88.6	4.79%	6.45%
13	TTML	25-Sep-08	27.5	1.25	503	2100450	27.35	4.79%	5.36%
14	HDIL	25-Sep-08	300	13.5	102	70176	296.5	4.77%	6.01%
15	PUNJLLOYD	25-Sep-08	300	14	10	23250	300.65	4.66%	4.66%
16	RNRL	25-Sep-08	95	4.05	184	829632	93.2	4.54%	6.56%
17	AIRDECCAN	25-Sep-08	80	12	7	21250	88.6	4.44%	4.44%
18	IFCI	25-Sep-08	45	4.4	622	1700110	47.5	4.41%	4.41%
19	AXISBANK	25-Sep-08	700	40	9	5175	710.45	4.41%	4.41%
20	DLF	25-Sep-08	500	22.8	368	135600	501.75	4.40%	4.40%
21	CHAMBLFERT	25-Sep-08	75	3	166	886650	72.6	4.31%	7.76%
22	ICICIBANK	25-Sep-08	700	29.5	1368	1228675	701	4.24%	4.24%
23	MOSERBAER	25-Sep-08	110	4.35	14	47850	107.05	4.24%	7.11%
24	TATASTEEL	25-Sep-08	540	21.65	509	120330	535.15	4.22%	5.16%
25	UNIONBANK	25-Sep-08	150	6.95	5	14700	150.95	4.17%	4.17%
26	GMRINFRA	25-Sep-08	100	3.95	52	200000	98.9	4.16%	5.32%
27	IBREALEST	25-Sep-08	300	11.25	7	24050	282.35	4.15%	10.66%
28	RENUKA	25-Sep-08	120	4.65	88	640000	118.15	4.10%	5.73%
29	CHAMBLFERT	25-Sep-08	70	5.35	49	576150	72.6	4.09%	4.09%
30	BHEL	25-Sep-08	1710	68.95	45	5250	1711.8	4.09%	4.09%
31	SAIL	25-Sep-08	140	5.45	194	164700	139.2	4.07%	4.67%
32	RNRL	25-Sep-08	90	6.7	86	799236	93.2	4.05%	4.05%
33	STER	25-Sep-08	540	19.5	532	74679	507.55	4.00%	10.64%
34	RELCAPITAL	25-Sep-08	1320	61.95	27	11730	1331.5	3.97%	3.97%
35	AXISBANK	25-Sep-08	720	27	6	4950	710.45	3.95%	5.35%
36	RANBAXY	25-Sep-08	460	17.15	74	159200	459.4	3.88%	4.01%
37	NAGARFERT	25-Sep-08	35	3.65	6	42000	37.35	3.86%	3.86%
38	HINDPETRO	25-Sep-08	240	11	15	28600	242.1	3.85%	3.85%
39	UNITECH	25-Sep-08	160	5.9	67	116100	159.25	3.85%	4.34%
40	RPOWER	25-Sep-08	170	6.3	1925	764500	170.1	3.79%	3.79%
41	RELINFRA	25-Sep-08	1020	52	15	2622	1034.95	3.77%	3.77%
42	DCB	25-Sep-08	50	4	29	128800	52.2	3.73%	3.73%
43	RELINFRA	25-Sep-08	1050	37.25	66	27738	1034.95	3.73%	5.24%
44	DLF	25-Sep-08	510	18	18	9600	501.75	3.72%	5.43%
45	SATYAMCOMP	25-Sep-08	420	18.35	13	62400	423.3	3.72%	3.72%
46	JPASSOCIAT	25-Sep-08	170	6	738	1080000	167.95	3.70%	4.97%
47	RCOM	25-Sep-08	400	17.4	388	999250	403.45	3.61%	3.61%
48	ESSAROIL	25-Sep-08	200	6.7	13	26828	192.65	3.60%	7.56%
49	RAJESHEXPO	25-Sep-08	50	1.65	14	128700	47.45	3.60%	9.17%
50	GTLINFRA	25-Sep-08	40	1.35	37	363750	38.95	3.59%	6.38%

Covered Calls for SEPT 08, 2008

No	SYMBOL	EXPIRY	Strike PRICE	Option PRICE	Traded CONTRACTS	OPEN INTEREST	Stock  PRICE	Static PROFIT	Max PROFIT
1	FSL	25-Sep-08	45	3	9	128250	44.65	7.20%	8.04%
2	GTLINFRA	25-Sep-08	40	2.5	22	291000	39.8	6.70%	7.24%
3	ESSAROIL	25-Sep-08	200	12.5	7	9884	199.15	6.70%	7.15%
4	IBREALEST	25-Sep-08	280	17	6	9100	278.3	6.51%	7.16%
5	RAJESHEXPO	25-Sep-08	50	3	35	125400	49.3	6.48%	7.99%
6	IFCI	25-Sep-08	45	2.7	393	1932570	44.85	6.41%	6.76%
7	AIRDECCAN	25-Sep-08	90	5.65	12	20400	90.25	6.38%	6.38%
8	RNRL	25-Sep-08	95	5.5	145	629376	93.6	6.24%	7.83%
9	DISHTV	25-Sep-08	40	2.25	53	288400	39.05	6.11%	8.70%
10	MOSERBAER	25-Sep-08	110	7.25	25	42900	111.25	5.77%	5.77%
11	AXISBANK	25-Sep-08	700	36.05	31	6750	687.25	5.54%	7.49%
12	UNITECH	25-Sep-08	160	8.1	68	94500	157.5	5.42%	7.10%
13	NAGARFERT	25-Sep-08	37.5	2.05	5	42000	37.65	5.34%	5.34%
14	RNRL	25-Sep-08	90	8.1	291	870756	93.6	5.26%	5.26%
15	RPOWER	25-Sep-08	165	8.15	76	30500	163	5.26%	6.55%
16	IDFC	25-Sep-08	90	5.75	203	651950	91.25	5.26%	5.26%
17	RANBAXY	25-Sep-08	450	23.15	100	62400	450.7	5.25%	5.25%
18	NOIDATOLL	25-Sep-08	45	2.15	15	274700	43.45	5.21%	8.96%
19	CHAMBLFERT	25-Sep-08	75	3.55	286	790050	73.05	5.11%	7.91%
20	TATASTEEL	25-Sep-08	560	27.2	230	66850	560.35	5.04%	5.04%
21	ARVIND	25-Sep-08	35	1.65	22	387000	34.65	5.00%	6.06%
22	HDIL	25-Sep-08	300	20.4	24	44376	306.15	4.99%	4.99%
23	RENUKA	25-Sep-08	115	5.4	20	150000	114.1	4.97%	5.80%
24	RENUKA	25-Sep-08	110	9.3	5	70000	114.1	4.96%	4.96%
25	ICICIBANK	25-Sep-08	680	38.65	129	39025	686.75	4.92%	4.92%
26	HDIL	25-Sep-08	320	14.2	81	42312	306.15	4.86%	9.61%
27	LITL	25-Sep-08	300	13.55	6	4675	295.6	4.80%	6.36%
28	ORBITCORP	25-Sep-08	300	23.5	5	9750	309.75	4.80%	4.80%
29	RPOWER	25-Sep-08	160	10.3	1277	478500	163	4.78%	4.78%
30	RELINFRA	25-Sep-08	1000	62.5	289	54372	1017	4.77%	4.77%
31	RELCAPITAL	25-Sep-08	1320	59.6	34	13938	1315.35	4.75%	5.12%
32	RELINFRA	25-Sep-08	1020	46	15	2070	1017	4.74%	5.05%
33	CHAMBLFERT	25-Sep-08	70	6.2	134	627900	73.05	4.71%	4.71%
34	TATAMOTORS	25-Sep-08	420	18.95	10	6180	420.05	4.71%	4.71%
35	GMRINFRA	25-Sep-08	100	7.15	36	177500	102.65	4.71%	4.71%
36	JPASSOCIAT	25-Sep-08	170	7.45	631	822750	167.65	4.65%	6.12%
37	TCS	25-Sep-08	840	37	9	11250	838.4	4.62%	4.82%
38	GSPL	25-Sep-08	60	2.6	11	57950	59.7	4.55%	5.08%
39	RELIANCE	25-Sep-08	2070	100.45	35	1725	2080.9	4.52%	4.52%
40	ASHOKLEY	25-Sep-08	32.5	1.65	13	463175	32.75	4.50%	4.50%
41	CAIRN	25-Sep-08	230	9.75	45	38750	228.95	4.45%	4.93%
42	RANBAXY	25-Sep-08	460	19.15	96	84800	450.7	4.44%	6.59%
43	TVSMOTOR	25-Sep-08	35	1.45	14	120950	34.3	4.41%	6.54%
44	DISHTV	25-Sep-08	42.5	1.65	13	46350	39.05	4.41%	13.64%
45	DENABANK	25-Sep-08	45	2.3	37	139125	45.4	4.41%	4.41%
46	RCOM	25-Sep-08	390	20.95	34	32550	394.5	4.40%	4.40%
47	PUNJLLOYD	25-Sep-08	300	12.5	24	30000	296.7	4.40%	5.56%
48	GMRINFRA	25-Sep-08	105	4.3	14	75000	102.65	4.37%	6.76%
49	IBREALEST	25-Sep-08	300	11.65	33	26000	278.3	4.37%	12.51%
50	IDFC	25-Sep-08	95	3.8	166	631300	91.25	4.35%	8.63%