Covered Calls for JULY 17 2008

SYMBOL	EXPIRY	STRIKE	Option CLOSE	CONTRACTS	OPEN INTEREST	Stock CLOSE	Static PROFIT	Max PROFIT
RNRL	31-Jul-08	65	5.6	98	264624	64.2	9.56%	10.92%
IFCI	31-Jul-08	37.5	2.95	5	47280	36.85	8.70%	10.62%
NAGARFERT	31-Jul-08	30	2.35	34	304500	29.4	8.69%	10.91%
CHAMBLFERT	31-Jul-08	55	6.45	42	207000	57.1	8.59%	8.59%
IDFC	31-Jul-08	90	6.9	14	16225	89.4	8.36%	9.09%
ESSAROIL	31-Jul-08	170	18.3	20	38124	175.6	8.07%	8.07%
CHAMBLFERT	31-Jul-08	60	4.1	193	714150	57.1	7.74%	13.21%
RNRL	31-Jul-08	60	8.35	57	513156	64.2	7.43%	7.43%
IFCI	31-Jul-08	35	4.25	69	902260	36.85	7.36%	7.36%
GMRINFRA	31-Jul-08	80	5.3	85	148750	80.1	6.95%	6.95%
HDIL	31-Jul-08	400	25.5	5	15600	394.9	6.90%	8.28%
RELCAPITAL	31-Jul-08	1000	62.9	99	20424	981.45	6.85%	8.87%
JPASSOCIAT	31-Jul-08	140	8.75	96	132750	136.6	6.84%	9.50%
ICICIBANK	31-Jul-08	520	33.25	31	6300	519.75	6.83%	6.89%
DCB	31-Jul-08	50	3	12	99400	47.95	6.67%	11.23%
JPASSOCIAT	31-Jul-08	135	10	13	9750	136.6	6.64%	6.64%
PARSVNATH	31-Jul-08	110	6.35	10	7000	103.2	6.56%	13.58%
RPOWER	31-Jul-08	130	7.85	148	161500	127.85	6.54%	8.33%
RCOM	31-Jul-08	400	24.35	69	27300	399.7	6.49%	6.57%
ALOKTEXT	31-Jul-08	40	2.3	10	140700	38.8	6.30%	9.59%
MRPL	31-Jul-08	50	2.85	11	157975	48.45	6.25%	9.65%
TTML	31-Jul-08	22.5	1.3	59	512050	22.5	6.13%	6.13%
JPASSOCIAT	31-Jul-08	130	14.05	9	21750	136.6	6.08%	6.08%
RENUKA	31-Jul-08	110	7.35	172	640000	111.1	6.02%	6.02%
ISPATIND	31-Jul-08	22.5	1.2	177	1290650	21.4	5.94%	11.39%
IDEA	31-Jul-08	75	5.6	63	129600	76.4	5.93%	5.93%
RANBAXY	31-Jul-08	470	26.9	79	20800	470.7	5.90%	5.90%
RNRL	31-Jul-08	70	3.5	226	1215840	64.2	5.77%	15.32%
SATYAMCOMP	31-Jul-08	400	21.5	12	3600	394.8	5.76%	7.15%
IFCI	31-Jul-08	40	2	493	2230040	36.85	5.74%	14.78%
HINDOILEXP	31-Jul-08	130	9.65	5	36800	132.6	5.73%	5.73%
ISPATIND	31-Jul-08	20	2.45	45	1054100	21.4	5.54%	5.54%
NEYVELILIG	31-Jul-08	100	5	6	19175	97.15	5.43%	8.52%
BHARTIARTL	31-Jul-08	720	36.05	7	3750	710	5.35%	6.83%
BINDALAGRO	31-Jul-08	25	1.2	8	103950	24.15	5.23%	8.93%
PETRONET	31-Jul-08	55	2.65	9	90200	53.45	5.22%	8.27%
RELINFRA	31-Jul-08	800	37.95	114	38226	766.85	5.21%	9.75%
HINDOILEXP	31-Jul-08	140	6.5	207	638400	132.6	5.15%	11.02%
RCOM	31-Jul-08	410	19.5	6	14000	399.7	5.13%	7.84%
ICICIBANK	31-Jul-08	540	24.7	137	42350	519.75	4.99%	9.08%
RPL	31-Jul-08	155	7.25	83	85425	153.35	4.96%	6.09%
SATYAMCOMP	31-Jul-08	410	18.65	15	7800	394.8	4.96%	9.00%
RANBAXY	31-Jul-08	460	32.4	684	236800	470.7	4.95%	4.95%
IDEA	31-Jul-08	80	3.55	142	453600	76.4	4.87%	9.81%
BAJAJHIND	31-Jul-08	160	6.85	13	14250	149.8	4.79%	11.93%
RANBAXY	31-Jul-08	480	21.5	656	200800	470.7	4.79%	6.86%
SBIN	31-Jul-08	1140	51.7	24	4224	1135.85	4.77%	5.15%
RENUKA	31-Jul-08	115	5.05	49	170000	111.1	4.76%	8.44%
GMRINFRA	31-Jul-08	85	3.6	17	38750	80.1	4.71%	11.11%
DLF	31-Jul-08	400	17.65	305	105600	393.4	4.70%	6.45%

Covered Calls for JULY 16 2008

SYMBOL	EXPIRY	STRIKE	Option CLOSE	CONTRACTS	OPEN INTEREST	Stock CLOSE	Static PROFIT	Max PROFIT
RNRL	31-Jul-08	65	6.1	52	219924	65.5	9.43%	9.43%
CHAMBLFERT	31-Jul-08	60	4.9	91	510600	59.65	8.95%	9.59%
IFCI	31-Jul-08	35	5.6	120	886500	37.8	8.70%	8.70%
NAGARFERT	31-Jul-08	30	3.2	12	280000	30.9	8.30%	8.30%
IFCI	31-Jul-08	40	2.85	895	2072440	37.8	8.15%	14.45%
DCB	31-Jul-08	50	3.6	48	102200	48.8	7.96%	10.62%
ISPATIND	31-Jul-08	22.5	1.65	148	1108050	22.4	7.95%	8.43%
RNRL	31-Jul-08	60	9.55	37	488124	65.5	7.24%	7.24%
IDEA	31-Jul-08	75	5.6	10	27000	75.65	7.07%	7.07%
AXISBANK	31-Jul-08	600	38.8	16	2700	597.1	6.95%	7.47%
GMRINFRA	31-Jul-08	85	5.5	9	26250	84.85	6.93%	7.12%
RELCAPITAL	31-Jul-08	1000	62.85	101	18216	988.55	6.79%	8.03%
RNRL	31-Jul-08	70	4.15	276	1083528	65.5	6.76%	14.10%
ICICIBANK	31-Jul-08	520	41.05	15	2100	529.15	6.54%	6.54%
RPOWER	31-Jul-08	130	8.95	146	142500	131.05	6.47%	6.47%
ICICIBANK	31-Jul-08	540	30.65	198	29750	529.15	6.15%	8.32%
JPASSOCIAT	31-Jul-08	145	8.5	13	9750	145.3	5.99%	5.99%
UNITECH	31-Jul-08	150	11.9	9	10800	153.55	5.89%	5.89%
NEYVELILIG	31-Jul-08	100	5.4	9	19175	97.85	5.84%	8.17%
RENUKA	31-Jul-08	100	10	10	130000	104.5	5.82%	5.82%
SUZLON	31-Jul-08	190	10	8	11000	185.95	5.68%	7.99%
CHAMBLFERT	31-Jul-08	65	3.2	109	348450	59.65	5.67%	15.15%
IFCI	31-Jul-08	42.5	2	14	74860	37.8	5.59%	18.72%
RCOM	31-Jul-08	410	21.1	5	13650	406.05	5.48%	6.51%
CHAMBLFERT	31-Jul-08	55	7.5	6	100050	59.65	5.47%	5.47%
HINDOILEXP	31-Jul-08	140	7.05	68	352000	136.1	5.46%	8.49%
KSK	31-Jul-08	200	9.8	7	5100	192.55	5.36%	9.44%
ARVIND	31-Jul-08	30	3	6	184900	31.5	5.26%	5.26%
RANBAXY	31-Jul-08	440	20.45	657	228000	409.2	5.26%	13.18%
RELCAPITAL	31-Jul-08	1040	48.55	14	2208	988.55	5.16%	10.64%
UNITECH	31-Jul-08	160	7.5	21	47700	153.55	5.14%	9.55%
MRPL	31-Jul-08	50	2.35	13	153525	48.8	5.06%	7.64%
RCOM	31-Jul-08	400	25.1	10	16800	406.05	5.00%	5.00%
PETRONET	31-Jul-08	55	2.55	13	83600	53.85	4.97%	7.21%
RELINFRA	31-Jul-08	800	36.3	80	35466	768.45	4.96%	9.27%
IFCI	31-Jul-08	30	9.2	119	569330	37.8	4.90%	4.90%
IDEA	31-Jul-08	80	3.5	131	286200	75.65	4.85%	10.88%
IDFC	31-Jul-08	100	4.45	97	200600	96.5	4.83%	8.64%
JPASSOCIAT	31-Jul-08	150	6.7	238	465750	145.3	4.83%	8.23%
JPASSOCIAT	31-Jul-08	140	11.65	33	104250	145.3	4.75%	4.75%
SAIL	31-Jul-08	135	6	11	17550	132.45	4.74%	6.76%
ISPATIND	31-Jul-08	20	3.3	16	1008450	22.4	4.71%	4.71%
HINDALCO	31-Jul-08	140	6.15	30	57420	138.2	4.66%	6.02%
RENUKA	31-Jul-08	110	4.65	81	535000	104.5	4.66%	10.17%
RNRL	31-Jul-08	75	2.9	141	647256	65.5	4.63%	19.81%
RPL	31-Jul-08	160	8.3	356	951400	161.35	4.54%	4.54%
INFOSYSTCH	31-Jul-08	1560	66.75	165	25800	1544.65	4.52%	5.56%
SATYAMCOMP	31-Jul-08	410	16.95	5	2400	398.25	4.45%	7.53%
SAIL	31-Jul-08	130	7.95	51	211950	132.45	4.42%	4.42%
BHEL	31-Jul-08	1410	57.75	17	3075	1368.85	4.40%	7.54%