budget 2013 coming want to buy call & put both suggest me

[shashank yadav]

I m going to buy strike price of 5900 10 lots call & put of march expiry

 

[bpr]

I am thinking of going long straddle at strike 5900 or strike 5800 before budget.

 

[DanPickUp]

Girls and guys: What ever you do, just know your break even points on both sides and be aware about the given volatility from the underlying.

The break even points in the strangle or straddle will tell you how far the market has to move in any direction in a certain time to become profitable. If that move is realistic, then you can take the trade and enjoy the ride as long as market not starts to come in a swing mode.

 

[aditya14]

Girls and guys: What ever you do, just know your break even points on both sides and be aware about the given volatility from the underlying.

The break even points in the strangle or straddle will tell you how far the market has to move in any direction in a certain time to become profitable. If that move is realistic, then you can take the trade and enjoy the ride as long as market not starts to come in a swing mode.

Yeah i was gonna say none of the "Experts" said watch the VIX. Volatility will be inflated before budget and will collapse if market does not move big.Best advice don`t trade on budget there are 239 other days when one can trade safe.