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Dear Trillian, Yes, you are correct! Next weeks R1=4200 and S1=3900. R1~S1 = 333, which is within [300,400) so, we will not follow sideways strategy. Regards

Dear Vasanth, Firstly the hedging should be 50% in terms of price. We keep calculating new R1 and S1 for every week, we can have positions next week which could be profitable. We do not carry forward this week's position, square off this weeks position by Friday. And will trade as per the...

Dear Vasanth, No, I haven't meant that. Square off both only when target for one is met next day as you are holding equal no. of calls and put. I also stated that you can hold on to profit making options with trailing SL=10% and exit the loss making one if SL for that is hit. This...

Dear Vijay, Yes, at opening square off the one which is in loss and hold the profit making one with trailing SL =10%. Or you can also square off both at the same time. And resume trade as per strategy posted in 1st post of this thread. Regards

Dear Arghali, Please read the 1st post of this thread. I have given one strategy to trade in Nifty options. Regards

Hi Rahul, Yes, you can do call writing. But do not do it together. First write the 4500 PE if trend is up and then, write 3800 CA when trend is down. And offcourse the cost of both should be equal or nearly same. But remember writing options is always risky so u need to monitor them and...

Dear Jjeniljohntj, Currently, I am focusing on Nifty options till market conditions improve So, I do not think its wise to trade in Nifty stock options. Yeah! regarding best buy stocks I want to start a new thread if time permits. You can watch the most gainers/loosers in nseindia site, no...

Dear Vijay, Its true that opening is 4224 yesterday, but I consider opening price as price at 10:00 AM because of initial jitters in opening. I have answered your query earlier, please see previous posts. SL for all option trades is 30%. Regards

Dear Arghali, As advised earlier, one should not enter into any options of the current month after 20th of the month. One should square off all positions of the current month before 20th of the month. Unless Nifty closes above 4300 with huge volumes your 4300 call for Sept. will end...

Dear Awachat, One thing! Buy 2 lots as per trend and buy 1 lot to hedge before EOD. Regards

Dear Trillian, Yes, Vijay hasn't followed the strategy. He should have bought put at 3:00 (Down trend) at R1=4400 and instead of that he bought wrongly call at S1=3900. Regards

Dear Vijay, 1. Tomorrow if market opens gap down, and if SL of 3900 CA is hit then exit it and hold the profit making 4400 PA with trailing SL. 2. Tomorrow if market opens gap up, and if SL of 4400 PA is hit then exit it and hold the profit making 3900 CA with trailing SL. Then, you can...

Dear Kausik, R1 and S1 are strike prices only. So, one needs to buy calls at S1=3900 and puts at R1=4400. To buy these there is no need to wait for these levels. There is no need to buy these simultaneously. Buy as per trend strategy posted in 1st post of this thread. Definetely need to have...

Dear Pkamalesh, Yes, you are correct. Time decay is a major factor in options. Refer 888options.c0m to learn options. Regards

Dear All, I would request all to do paper trading of this Nifty Options Strategy as per strategy posted in the 1st post of this thread. Before going for real trade do paper trade for atleast 3 months in a row and if it gives profits 3 months in a row then, only enter into real trade according...

Dear Dilip, As stated earlier, for trading in Nifty Options next week R1= 4400 and S1=3900. So, you can buy calls at S1 = 3900 strike price and puts at R1=4400 strike price as per sideways strategy posted in the 1st post of this thread. Regards

Dear Vasanth, I have tested this strategy successfully and it worked for me. So, I recommend buying calls at S1 and puts at R1. If traded as per strategy posted in 1st post chances of hitting SL is less comparatively. Please do paper trading for 3 months and if it give profit for 3 months in...

Dear Vasanth, These adjustments to R1 and S1 as per my trading strategy posted in 1st post is risky. I have tested it and found so. You need to work on real data of 3 months to testify this. Kindly test with real data for the three months and update here. Regards

Dear Rahul, If you are already hedging then, no need to hedge. Maintain SL and hold on to the profit making position with trailing SL of 10% from CMP. Regards

Dear Rahul, Hedge it at R1 or S1. Regards