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Old 17th October 2010, 07:29 PM
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Default Infosys Call Option



Hi fellow traders,

I had bought 4 lots of Infosys Call option with Strike price of 3250 for an average premium of Rs.21/-.

I bought it as soon as Infosys declared "Better than expected" estimates. But soon, the stock started faltering, probably because of No Guidance in rupee revenue.

The above call option has closed at Rs.12.25/-.

Do you guys expect it to trade above 3200 this month?

Appreciate your views.

Capriura
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