Tuesday, July 6, 2010

Stock Futures : Performance Statistics For June 2010

In the month of June 2010, six trades of Stock Futures were executed as per recommendations given by me at http://www.stockezy.com/ All the six trades were 'Buy' ie long trades. Of these six trades, two trades have been rolled over from June series to July series and are still open. These are Aban Offshore and Suzlon Futures. For the rest of the four trades, I am furnishing the details below:-
  1. Tata Comm June Futures :
    Bought at 247.5 and covered at 264. Lot size = 525.
    Investment = Rs 26000/-.
    Profit = 16.5x525= Rs 8862/-.
    Return on Investment = 34%
  2. HDIL June Futures :
    Bought at 228 and covered at 235.5. Lot size = 774.
    Investment = Rs 36000/-.
    Profit = 7.5x774= Rs 5805/-.
    Return on Investment = 16.1%
  3. Punj Lloyd June Futures :
    Bought at 118.4 and covered at 121.5. Lot size = 1500.
    Investment = Rs 36000/-.
    Profit = 3.1x1500= Rs 4650/-.
    Return on Investment = 12.9%
  4. Bajaj Hind June Futures :
    Bought at 116 and covered at 118. Lot size = 2000.
    Investment = Rs 46000/-.
    Profit = 2x2000= Rs 4000/-.Return on Investment = 8.7%
Thus total profit in June 2010 from trading stock futures = 8862+5805+4650+4000 = Rs 23317/-
against total investment of Rs 1,44,000/-.

Monthly Return on Investment = 16.2%