Nifty Intraday Pivot Points

[chaitanyagoa]

Ignore this post.............Duplicated...............

 

[SavantGarde]

Hi Chait,

One Step At A Time....Don't Jump The Guns.
It's A Very Vast Topic....

Will Take Them Step By Step & Eventually You Will Have The Answers To Your Queries.

Just A Word Of Caution Do Not Write CALL Or PUT Without Understanding Risk Implications.

Happy & Safer Trading

SavantGarde

Hello Sirjii,
--Someone in the forum had a 4800PE and since the market was on the rise , He/She was suffering losses.
-
Then you suggested them to WRITE a HIGHER call.
-
But another member inquired you as to why one should WRITE a CALL and not BUY a PUT????
-
Your reply
As Practical Observation, Do One Thing Keep The Same Strike Price CALL & PUT After The 15th To Observe Which Decays Faster....& If Writing Is Better Than BUYing The PUT.
Date ---------------- Value of call (write) ---------------------------- Nifty Change
09/17/2009 ----------------- 13 --------------------------- 7.xx
09/18/2009 ----------------- 9.25 -------------------------- 10.xx
09/22/2009 ---------------- 10.25 --------------------------- 44.15

Date ---------------------------Value of PUT ------------------------------ Nifty Change
09/17/09 --------------------------150 ------------------------------ 7.xx
09/18/09 -------------------------121 -------------------------------- 10.xx
09/22/09 ---------------------------84 -------------------------------- 44.15

Now my question is:
Why should one write a Call or BUY a PUT (to cover losses of 4800PE), when the market is going up???
........................As for as my understanding goes, both the moves add to the losses.
-
-
From the above values PUT decays much faster than the call (write) when nearing Expiry
I will post more values and inquire about it in a latter post after the expiry..

 

[mogembo]

From the above values PUT decays much faster than the call (write) when nearing Expiry

Pls correct me If I am wrong, from what I observed, my understanding is PUT decays faster than CALL in a Bull Market but in a Bear market the reverse will be true.

 

[SavantGarde]

Hi SM,

Last Box In My Regular Update Is For Short Term Triggers.
Therefore, Keep An Eye On It For Change, Whenever It Happens.

Happy & Safer Trading

SavantGarde

Mr SG, When can we get a fresh trigger list for NF/MNF as u provide us for stocks in ur CH-II. Thanks.....SM

 

[chaitanyagoa]

Hi Chait,

One Step At A Time....Don't Jump The Guns.
It's A Very Vast Topic....

Will Take Them Step By Step & Eventually You Will Have The Answers To Your Queries.

Just A Word Of Caution Do Not Write CALL Or PUT Without Understanding Risk Implications.

Happy & Safer Trading

SavantGarde

Sirjiii,

Eagerly waiting for the lessons...........

Thanks

 

[aabhi06]

SAVANT SIR,

Good morning,

Sir ,

As per your guidence in trading of NIFTY FUTURE
my LONG position from Aug. onwards is as below.

1) MINIFTY LONG @ 4395.00

2) NIFTY FUTURE LONG @ 4677.00

3) 4800.00 CAll SEP. 131.55.

4) As per your instruction LONG BACK Puts already cover.

SIR,Plz let me guide shold i Roll- Over today to OCT.or wait upto tommarow F & O expiry day in last hour.

SEP. 4800.00 call in long side how to ROLL-OVER to OCT.
or can go LONG 5000.00 OCT . CALL.?

Awating for your kind revert.

- Abhishek.

 

[SavantGarde]

Hi Chait,

When You Write 'Eagerly'....It Always Means You Are In A Hurry...

SavantGarde

Sirjiii,

Eagerly waiting for the lessons...........

Thanks

 

[chaitanyagoa]

Hi Chait,

When You Write 'Eagerly'....It Always Means You Are In A Hurry...

SavantGarde

Nahin Sirjiii,

Iss bar step by step sikungaa......:thumb:...
Waisee aap kaunsee indicators follow karte hai.....

Is it the 20/50 SMA along with Bollinger bands????..... BY the way, I am in the process of learning the Bollinger Bands from the forum and also making a word document which will further help others..........:thumb:

Thanks

 

[hills_5000]

wow!..what's this happening ... people squaring up current month in a hurry ?

and the 5000CE has come down too ..

 

[hills_5000]

or is SM creating a scene where he can make more money by writing puts at nose down levels ????..and shedding the written calls in the process ???? ...make money both ways ...