Tuesday, June 24, 2008

Few more for July




These are some good examples for July (see the picture).

Of course, the return in case of RUT may be low or the one for SPX may be too conservative. However, there is not much action, market is sideways, & not too much risk should be taken in summer months.

DUG may be something worthwhile with Oil supposed to pull back on pressure for correction. This thinking is a far fetched one but with a correction overdue. So, a deep in the money with almost 90% intrinsic value is being considered for the diagonal & still fetch a 10% on the SHORT position.

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