Covered Calls for JULY 15 2008

SYMBOL	EXPIRY	STRIKE	Option CLOSE	CONTRACTS	OPEN INTEREST	Stock CLOSE	Static PROFIT	Max PROFIT
IFCI	31-Jul-08	37.5	4	5	43340	37.65	11.44%	11.44%
RNRL	31-Jul-08	70	6.05	253	961944	68.95	9.62%	11.29%
ISPATIND	31-Jul-08	22.5	2.1	128	1049950	22.8	8.70%	8.70%
IFCI	31-Jul-08	35	5.3	85	902260	37.65	8.19%	8.19%
RNRL	31-Jul-08	65	8.8	20	205620	68.95	8.06%	8.06%
ARVIND	31-Jul-08	30	4.85	6	206400	32.65	7.91%	7.91%
CHAMBLFERT	31-Jul-08	65	5.95	61	227700	66.2	7.88%	7.88%
IFCI	31-Jul-08	40	2.7	723	1680410	37.65	7.73%	14.45%
JPHYDRO	31-Jul-08	45	4.2	6	81250	46	7.66%	7.66%
ARVIND	31-Jul-08	32.5	2.4	8	73100	32.65	7.44%	7.44%
POLARIS	31-Jul-08	75	5	5	56000	73.35	7.32%	9.73%
RELCAPITAL	31-Jul-08	1050	71.2	34	5244	1049.95	7.27%	7.28%
NAGARFERT	31-Jul-08	30	4.35	16	269500	32.45	6.76%	6.76%
MRPL	31-Jul-08	50	4	16	149075	50.85	6.72%	6.72%
GMRINFRA	31-Jul-08	85	8	8	16250	87.65	6.72%	6.72%
DCB	31-Jul-08	55	3.35	11	74200	53.3	6.71%	10.11%
IDFC	31-Jul-08	100	13	13	140125	106.75	6.67%	6.67%
RENUKA	31-Jul-08	110	6.8	19	435000	109.25	6.64%	7.37%
RELCAPITAL	31-Jul-08	1080	64	14	3864	1049.95	6.49%	9.54%
NAGARFERT	31-Jul-08	35	1.95	85	1246000	32.45	6.39%	14.75%
RNRL	31-Jul-08	60	12.55	11	509580	68.95	6.38%	6.38%
RPOWER	31-Jul-08	140	8.15	231	347500	137.6	6.30%	8.15%
CHAMBLFERT	31-Jul-08	70	3.85	215	807300	66.2	6.17%	12.27%
RNRL	31-Jul-08	75	4	199	624012	68.95	6.16%	15.47%
DCB	31-Jul-08	50	6.2	18	56000	53.3	6.16%	6.16%
KSK	31-Jul-08	190	12.65	5	1700	191.75	6.09%	6.09%
PUNJLLOYD	31-Jul-08	220	11.9	5	11250	211.4	5.96%	10.28%
RELINFRA	31-Jul-08	800	63.05	44	31188	818.05	5.96%	5.96%
UNITECH	31-Jul-08	160	12.7	8	37800	163.8	5.89%	5.89%
RELINFRA	31-Jul-08	840	45.1	19	19734	818.05	5.83%	8.67%
IFCI	31-Jul-08	42.5	2.05	34	66980	37.65	5.76%	19.38%
IDEA	31-Jul-08	80	6.5	9	35100	82.15	5.75%	5.75%
SUZLON	31-Jul-08	200	10.55	12	26000	196.65	5.67%	7.47%
GMRINFRA	31-Jul-08	90	4.7	82	286250	87.65	5.67%	8.50%
RELCAPITAL	31-Jul-08	1040	65.5	12	1794	1049.95	5.64%	5.64%
NUCLEUS	31-Jul-08	185	15	5	0	190.25	5.56%	5.56%
HCC	31-Jul-08	90	4.55	5	42000	86.35	5.56%	10.02%
INFOSYSTCH	31-Jul-08	1560	81.2	39	7200	1555.55	5.51%	5.81%
ICICIBANK	31-Jul-08	580	29.85	135	22225	578.9	5.44%	5.64%
RCOM	31-Jul-08	440	22.4	63	135450	437.6	5.39%	5.97%
HINDOILEXP	31-Jul-08	140	7	35	270400	136.9	5.39%	7.78%
JPHYDRO	31-Jul-08	50	2.35	8	228125	46	5.38%	14.55%
CAIRN	31-Jul-08	240	12.5	32	243750	240.25	5.38%	5.38%
TTML	31-Jul-08	25	1.25	76	1781725	24.55	5.36%	7.30%
IDEA	31-Jul-08	85	4.15	77	240300	82.15	5.32%	8.97%
UNITECH	31-Jul-08	170	7.85	22	84600	163.8	5.03%	9.01%
SBIN	31-Jul-08	1260	59.4	29	3696	1257.9	4.96%	5.13%
RANBAXY	31-Jul-08	480	22.1	259	125600	475.3	4.88%	5.91%
SAIL	31-Jul-08	140	6.45	409	427950	139.2	4.86%	5.46%
ISPATIND	31-Jul-08	25	1.05	259	2875950	22.8	4.83%	14.94%

Covered Calls for JULY 14 2008

SYMBOL	EXPIRY	STRIKE	Option CLOSE	CONTRACTS	OPEN INTEREST	Stock CLOSE	Static PROFIT	Max PROFIT
RNRL	31-Jul-08	70	6.2	332	956580	69.15	9.85%	11.20%
ISPATIND	31-Jul-08	22.5	1.8	181	975250	22.4	8.74%	9.22%
RNRL	31-Jul-08	65	8.75	40	203832	69.15	7.62%	7.62%
RENUKA	31-Jul-08	110	7.85	23	425000	110.15	7.53%	7.53%
RELINFRA	31-Jul-08	800	55.65	72	32706	801.25	7.30%	7.30%
RELCAPITAL	31-Jul-08	1050	69.8	14	3450	1027.35	7.29%	9.65%
RPOWER	31-Jul-08	140	9.85	207	311500	140.6	7.07%	7.07%
DCB	31-Jul-08	55	3.5	11	71400	54.65	6.84%	7.53%
MRPL	31-Jul-08	50	4.3	33	149075	51.1	6.84%	6.84%
RELCAPITAL	31-Jul-08	1020	70	21	6762	1027.35	6.54%	6.54%
IDEA	31-Jul-08	85	5.15	52	148500	84.25	6.51%	7.46%
RNRL	31-Jul-08	75	4.05	312	622224	69.15	6.22%	15.21%
IDFC	31-Jul-08	110	6.1	31	113575	108.7	5.95%	7.21%
PUNJLLOYD	31-Jul-08	220	11.85	7	9000	211.35	5.94%	10.28%
GMRINFRA	31-Jul-08	90	4.8	197	262500	87.6	5.80%	8.70%
RNRL	31-Jul-08	60	12.2	21	509580	69.15	5.36%	5.36%
GMRINFRA	31-Jul-08	85	6.9	6	17500	87.6	5.33%	5.33%
RELINFRA	31-Jul-08	840	40	63	20286	801.25	5.25%	10.34%
MRPL	31-Jul-08	55	2.55	78	166875	51.1	5.25%	13.29%
ALOKTEXT	31-Jul-08	40	1.9	16	130650	38.45	5.20%	9.44%
TATAMOTORS	31-Jul-08	400	20	15	14008	400.3	5.18%	5.18%
ICICIBANK	31-Jul-08	600	28.7	257	213325	591.6	5.10%	6.59%
BALRAMCHIN	31-Jul-08	80	3.3	22	288000	74.25	4.65%	12.76%
TTML	31-Jul-08	22.5	3.05	12	365750	24.55	4.65%	4.65%
RPOWER	31-Jul-08	130	16.2	11	115500	140.6	4.50%	4.50%
ISPATIND	31-Jul-08	25	0.95	506	2755600	22.4	4.43%	16.55%
RPOWER	31-Jul-08	150	5.75	387	447500	140.6	4.26%	11.23%
RENUKA	31-Jul-08	115	4.5	8	60000	110.15	4.26%	8.85%
PETRONET	31-Jul-08	60	2.3	207	451000	56.35	4.26%	11.01%
RPL	31-Jul-08	165	9.25	20	128975	167.7	4.13%	4.13%
RPL	31-Jul-08	170	6.65	1054	3373450	167.7	4.13%	5.56%
SAIL	31-Jul-08	140	5.35	229	425250	136.3	4.09%	6.91%
JPHYDRO	31-Jul-08	50	1.75	20	215625	46.15	3.94%	12.61%
DCB	31-Jul-08	60	2.05	27	147000	54.65	3.90%	14.07%
RELINFRA	31-Jul-08	860	30	7	2898	801.25	3.89%	11.51%
TATASTEEL	31-Jul-08	660	30.35	109	74490	666.05	3.82%	3.82%
RELINFRA	31-Jul-08	760	69	24	4002	801.25	3.79%	3.79%
SBIN	31-Jul-08	1200	63.7	27	24816	1220.85	3.70%	3.70%
RENUKA	31-Jul-08	120	3.9	35	380000	110.15	3.67%	12.94%
RELCAPITAL	31-Jul-08	960	100	38	19872	1027.35	3.52%	3.52%
RELINFRA	31-Jul-08	900	26	27	9108	801.25	3.35%	16.09%
DLF	31-Jul-08	470	14.05	7	16400	452.7	3.20%	7.15%
SBIN	31-Jul-08	1260	37.7	10	2640	1220.85	3.19%	6.50%
INFOSYSTCH	31-Jul-08	1740	51.1	312	45600	1676.85	3.14%	7.03%
SUZLON	31-Jul-08	220	6	9	16000	201.15	3.07%	12.73%
ACC	31-Jul-08	560	15.55	18	3384	544.7	2.94%	5.83%
UNITECH	31-Jul-08	160	14.7	16	38700	170.2	2.89%	2.89%
RELIANCE	31-Jul-08	1950	119.7	37	11025	2016.1	2.83%	2.83%
RELCAPITAL	31-Jul-08	900	151.25	40	3726	1027.35	2.73%	2.73%
MTNL	31-Jul-08	95	2.35	45	249600	92.05	2.62%	5.91%