Covered Calls for JULY 8 2008

SYMBOL	EXPIRY	STRIKE	Option CLOSE	CONTRACTS	OPEN INTEREST	Stock CLOSE	Static PROFIT	Max PROFIT
RELINFRA	31-Jul-08	760	80	12	6486	755.3	11.85%	12.54%
AIRDECCAN	31-Jul-08	70	7	22	17850	69.75	11.16%	11.55%
RNRL	31-Jul-08	65	8.85	154	214560	67.35	11.11%	11.11%
RNRL	31-Jul-08	70	6.4	526	920820	67.35	10.50%	14.85%
NAGARFERT	31-Jul-08	30	3.85	32	241500	31.15	9.89%	9.89%
NAGARFERT	31-Jul-08	32.5	2.7	5	45500	31.15	9.49%	14.24%
HCC	31-Jul-08	90	7.2	29	42000	87.85	8.93%	11.59%
DCB	31-Jul-08	55	4.35	10	60200	53.2	8.90%	12.59%
IFCI	31-Jul-08	42.5	3	7	15760	38.7	8.40%	19.05%
RNRL	31-Jul-08	60	11.95	161	522096	67.35	8.30%	8.30%
RELINFRA	31-Jul-08	800	56.15	133	29256	755.3	8.03%	14.42%
IOC	31-Jul-08	360	25	5	3600	352.05	7.64%	10.07%
RPOWER	31-Jul-08	140	9.55	481	425500	136.9	7.50%	9.93%
ISPATIND	31-Jul-08	20	2.6	65	1124650	21.25	7.24%	7.24%
DCB	31-Jul-08	50	6.55	15	70000	53.2	7.18%	7.18%
RNRL	31-Jul-08	75	4.4	192	420180	67.35	6.99%	19.14%
RELINFRA	31-Jul-08	700	100	34	7590	755.3	6.82%	6.82%
JPHYDRO	31-Jul-08	50	2.95	22	159375	46.6	6.76%	14.55%
RELCAPITAL	31-Jul-08	1110	58.95	34	10902	1062.45	5.87%	10.61%
ARVIND	31-Jul-08	30	3.05	11	232200	31.4	5.82%	5.82%
SAIL	31-Jul-08	130	6.95	59	217350	127.7	5.76%	7.66%
IDEA	31-Jul-08	90	4.45	42	224100	85.75	5.47%	10.70%
TTML	31-Jul-08	25	1.15	84	1588400	23.6	5.12%	11.36%
TATASTEEL	31-Jul-08	660	30.95	87	89006	651.95	4.98%	6.28%
DLF	31-Jul-08	430	20.1	23	16400	429.6	4.91%	5.01%
LT	31-Jul-08	2310	193.95	18	3400	2397.1	4.85%	4.85%
SBIN	31-Jul-08	1200	62.7	123	23100	1207.65	4.81%	4.81%
RNRL	31-Jul-08	80	3	242	697320	67.35	4.66%	24.32%
TTML	31-Jul-08	22.5	2.1	20	355300	23.6	4.65%	4.65%
RPL	31-Jul-08	160	11.25	462	961450	164.2	4.61%	4.61%
RELIANCE	31-Jul-08	2010	81.8	1686	50700	1979.45	4.31%	5.92%
HCC	31-Jul-08	100	3.6	7	25200	87.85	4.27%	18.69%
DLF	31-Jul-08	440	17.05	39	117200	429.6	4.13%	6.65%
SATYAMCOMP	31-Jul-08	470	18.2	33	15600	467.6	4.05%	4.58%
SBIN	31-Jul-08	1170	83	14	4356	1207.65	4.03%	4.03%
RELCAPITAL	31-Jul-08	960	139	8	19872	1062.45	3.96%	3.96%
HINDPETRO	31-Jul-08	200	10.95	22	58500	203.45	3.90%	3.90%
ICICIBANK	31-Jul-08	620	22.05	21	16275	594.35	3.85%	8.33%
DCB	31-Jul-08	60	1.95	13	140000	53.2	3.80%	17.07%
PETRONET	31-Jul-08	60	2.05	32	303600	56	3.80%	11.21%
ALBK	31-Jul-08	55	4.3	6	53900	57.35	3.68%	3.68%
DLF	31-Jul-08	450	14.5	25	86400	429.6	3.49%	8.41%
TATASTEEL	31-Jul-08	680	22	23	61120	651.95	3.49%	7.95%
BAJAJHIND	31-Jul-08	180	4.85	7	32300	154.6	3.24%	20.20%
RNRL	31-Jul-08	85	2.1	29	225288	67.35	3.22%	30.27%
SATYAMCOMP	31-Jul-08	460	21.9	92	736200	467.6	3.21%	3.21%
SAIL	31-Jul-08	140	3.85	50	405000	127.7	3.11%	13.04%
LT	31-Jul-08	2220	241	12	4200	2397.1	2.96%	2.96%
SATYAMCOMP	31-Jul-08	480	13.3	132	1114800	467.6	2.93%	5.66%
ICICIBANK	31-Jul-08	640	16.75	44	69650	594.35	2.90%	10.80%

Covered Calls for JULY 7 2008

SYMBOL	EXPIRY	STRIKE	Option CLOSE	CONTRACTS	OPEN INTEREST	Stock CLOSE	Static PROFIT	Max PROFIT
RNRL	31-Jul-08	65	7.6	106	184164	65.4	12.46%	12.46%
AIRDECCAN	31-Jul-08	70	10.15	41	17850	72.45	12.36%	12.36%
IFCI	31-Jul-08	37.5	3.95	37	49250	37.3	11.84%	12.44%
NAGARFERT	31-Jul-08	30	3.95	41	206500	31.1	10.50%	10.50%
NAGARFERT	31-Jul-08	32.5	2.95	11	42000	31.1	10.48%	15.45%
RNRL	31-Jul-08	70	5.5	679	829632	65.4	9.18%	16.86%
IFCI	31-Jul-08	35	5.15	388	1107140	37.3	8.86%	8.86%
JPHYDRO	31-Jul-08	45	3.55	15	68750	44.85	8.60%	8.96%
RNRL	31-Jul-08	60	10.1	114	527460	65.4	8.50%	8.50%
ANSALINFRA	31-Jul-08	80	15.75	5	13000	89.6	8.33%	8.33%
RELCAPITAL	31-Jul-08	960	150	5	20148	1036.45	8.30%	8.30%
SUZLON	31-Jul-08	190	19.05	10	12000	194.7	8.17%	8.17%
IFCI	31-Jul-08	40	2.8	790	1589790	37.3	8.12%	15.94%
AIRDECCAN	31-Jul-08	80	5.4	15	14450	72.45	8.05%	19.31%
RENUKA	31-Jul-08	110	9.25	48	275000	111.35	7.74%	7.74%
RELINFRA	31-Jul-08	800	55	46	26082	779.45	7.59%	10.43%
MRPL	31-Jul-08	50	3.25	23	89000	46.8	7.46%	14.81%
RCOM	31-Jul-08	420	28.75	106	46550	419.9	7.35%	7.38%
RELCAPITAL	31-Jul-08	1020	85.6	53	6486	1036.45	7.27%	7.27%
ISPATIND	31-Jul-08	22.5	1.45	143	809250	21.4	7.27%	12.78%
IFCI	31-Jul-08	30	9.25	74	561450	37.3	6.95%	6.95%
RELCAPITAL	31-Jul-08	1000	101.35	31	3864	1036.45	6.94%	6.94%
GMRINFRA	31-Jul-08	85	9.1	13	20000	88.65	6.85%	6.85%
SUZLON	31-Jul-08	200	11.7	13	18000	194.7	6.39%	9.29%
RNRL	31-Jul-08	75	3.9	310	402300	65.4	6.34%	21.95%
SAIL	31-Jul-08	130	7.8	124	209250	130.05	6.34%	6.34%
JPASSOCIAT	31-Jul-08	160	9.55	246	286500	160.15	6.24%	6.24%
IDEA	31-Jul-08	90	5.15	30	207900	88.45	6.18%	8.04%
RELCAPITAL	31-Jul-08	920	170	5	2208	1036.45	6.18%	6.18%
BAJAJHIND	31-Jul-08	170	9.25	8	8550	163.55	5.99%	10.17%
RELCAPITAL	31-Jul-08	980	111.1	9	1242	1036.45	5.91%	5.91%
RCOM	31-Jul-08	410	32.1	16	15050	419.9	5.72%	5.72%
IFCI	31-Jul-08	32.5	6.55	6	33490	37.3	5.69%	5.69%
HCC	31-Jul-08	90	4.6	6	35000	85.95	5.65%	10.63%
VIJAYABANK	31-Jul-08	35	1.75	6	72450	33.55	5.50%	10.06%
IDFC	31-Jul-08	110	8.1	93	94400	112.8	5.06%	5.06%
TATASTEEL	31-Jul-08	660	31.4	181	86332	651.9	5.06%	6.37%
ALBK	31-Jul-08	60	2.65	29	124950	55.6	5.00%	13.31%
RENUKA	31-Jul-08	120	5.3	56	210000	111.35	5.00%	13.15%
RCOM	31-Jul-08	440	19.55	229	59850	419.9	4.88%	9.90%
SAIL	31-Jul-08	135	5.9	9	10800	130.05	4.75%	8.74%
TATASTEEL	31-Jul-08	640	40.85	73	29032	651.9	4.74%	4.74%
DLF	31-Jul-08	420	24.65	158	132000	425.75	4.71%	4.71%
RCOM	31-Jul-08	400	37.85	29	14000	419.9	4.70%	4.70%
ICICIBANK	31-Jul-08	560	70	5	1575	605.15	4.64%	4.64%
INFOSYSTCH	31-Jul-08	1800	79.2	519	281000	1799.8	4.60%	4.61%
UNITECH	31-Jul-08	160	14.25	20	40500	167.4	4.47%	4.47%
RELIANCE	31-Jul-08	2010	103.8	38	12600	2028.2	4.45%	4.45%
MTNL	31-Jul-08	90	3.75	42	214400	89	4.40%	5.57%
RNRL	31-Jul-08	80	2.7	377	663348	65.4	4.31%	27.59%