4 June 09: Fill & Download for Free

There are 2,076,653 active geocaches and over 5 million geocachers worldwide. (based on Geocaching - The Official Global GPS Cache Hunt Site)On 12-June 09 was 543,087 registered users (based on How Many Active Geocachers are there?).So it seems ten times more geocachers in the last 4 years...

First of all not everyone is going after banking exam. There are aspirants who are giving banking exam to make career in it and also there are aspirants who give banking exams to get a job on temporary basis till the time they get joining of a job they actually want.There are certain advantages that banking exams have over other exams which attracts a lot of aspirants:Fast recruitment process without any kind of delays like court cases etc. Within 8–9 months from notification you can expect joining.Fairly transparent exam process as hardly you find any news regarding cheating, corruption etc.Career Growth is really good in banking sector as promotions are fast.Now just look at the recruitment process of CGL 2017 and SBI PO 2017:CGL 2017:Notification- May 2017Prelims- August 2017Prelims Result- 30 October, 2017Mains- 17- 21 February, 2018 and 9 March, 2018Mains Result- 06 June,2018Tier 3- 08 July, 2018Tier 3 Result- 09 May, 2019DV & CPT- June/July, 2019Final Results- 15 November, 2019Joining (till 25 June 2020)- Some departments have given while some are yet to giveSBI 2017:Notification- February 2017Prelims- 29 & 31 April, 2017 and 6 & 7 May, 2017Prelims Result- 16 May, 2017Mains- 4 June, 2017Mains Result- 4 July, 2018Interview & GD- September, 2017Final Result- 24 October, 2017Joining- December, 2017From above comparison it is quite clear why banking exams are in demand. It took around 3 years for CGL 2017 to complete which is still left but meanwhile SBI PO 2017,2018 & 2019 have been completed. Now CGL 2017 aspirant after seeing delays would have surely appeared in SBI 2018 & SBI 2019 and some would have cleared it also. Now till they get the joining through CGL 2017, they would have earned few lakhs that would give him a financial independence and his family a relief.There are aspirants who can't afford to remain unemployed for such a long time, so they give banking exams to get a job quickly.So along with the sole banking aspirants, these CGL and other exam aspirants increase the number of candidates for banking exams.In this highly competitive era, try to first cover syllabus of your targeted exam and then prepare for other similar exams with slight difference in syllabus like preparation of bank along with CGL.So Work Hard, Stay Motivated and All the Best :)

Short Selling or Buying PUT :Why would someone short sell ?The reason for short selling is that one has a negative view about the price movement. The intent is to make a profit from this movement.Many people do not like short selling.I have never been able to understand the reason for their dislike.Here again you are buying low, selling high which is the only way to make a profit. Only in this case selling action comes first.Why Short Selling instead of PUT buying:Short selling can be done either way.By shorting the Futures ( in cash segment, the trade is closed on daily basis, hence not advisable ) or by buying a PUT.Advantage of PUT buying:There are two advantages of PUT buying:The maximum loss is fixed. You can not lose more than the premium paid.The amount required is smaller compared to the margin for Futures trade.So you get more bang for your buck.Example 1 :This example is about PUT buying giving good results.BHEL Futures price movement from 05–08–2015 to 27–08–2015:The Last Price on 05–08–2015 was Rs. 281.40.If short sale was made at this price and finally settled at expiry on 27–08–2015 at Rs. 231.60, the profit was Rs. 49.80 per share or Rs. 49800 per Lot.The margin required would have been Rs. 31000 approximately.A profit of Rs. 49800 for capital deployed of about Rs. 31000 is a good short sell.I had bought BHEL PUT 290 for August 27, 2015 Expiry.Bought for Rs. 12.80 on August 05, 2015 and sold for Rs. 55.00 on August 27, 2015.Profit was Rs. 42200 on risked amount of Rs. 12800.It was actually better results than Futures Short Sell.I could not have lost more than Rs. 12800 even if BHEL had moved up to Rs. 350 or even beyond.In Futures short sale, I would be required to pay the MTM ( Mark to Market ) difference and there is potential for a big loss.But this happens only when there is a huge down movement.Example 2:This happens more frequently :I had a negative view about COAL INDIA.When the markets were making new highs every day, this stock had touched a 52 week low.That makes it a good shorting candidate.And I was proved right as well.Please see the price movement for two weeks:Coal India June Futures May 29 to June 09, 2017:From a high of Rs. 271.50 on May 29, it has come down to Rs. 262.40 on June 09, 2017.It had actually fallen to Rs. 260 on May 30 on announcement of Quarterly results but recovered slightly after that.Short Selling at Rs. 270 and Buying back at Rs. 262.40 would have given a profit of Rs. 7.60 per share. Lot size is 1700 so the profit per lot is 12920.Margin Required is about Rs. 50490 at 11% of transaction value.What happened to PUT 270 ? :If PUT 270 was bought on the same day for around Rs. 9.00 ( High Price Rs. 13.60 )the status today would have been something like this:Current Price is only Rs. 9.60 though the stock price has fallen by Rs. 7–8.The PUT prices were high on May 29, 2017 due to the results to be declared next day. Once the results were announced, Volatility became normal and premium got reduced.At present it is very well In The Money, but to derive some profit , further decline in stock price is required. And earlier it is , better it would be.In this case, it has not worked out very profitable.To Conclude:Buying PUTS is a better alternative if the decline in stock price is in the range of 8% or more.This is because ATM PUTS have a premium of about 4–6% with about 20 days left for Expiry. Unless this premium amount is realized, one can not be profitable.If the trade goes wrong badly, PUTS are the better option.Short Selling lets one take advantage of small price movement also. Hence is the preferred mode of most traders.There is no issue of volatility loss or time decay. It is only the stock price movement which is a factor.As huge price movements are not very frequent and traders are not conditioned to wait for them, it makes sense for them to do Short Selling rather than PUT buying.It is all about money, honey.I hope this answers your question.Thanks for reading.