Option Buy Recomendations

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nifty is expected to close lower than 5000 but far upper than 4600,

u will earn arrnd 3000 Rs. premium by selling but thing is u need to place heavy margin.

Also, why r u worried for low volatility? its always gud for a seller!
Sir,

steady markets means low volatility means lesser option price (where i sold) and then (god forbid) market moves in a direction means increased volatility means higher option price when i may be compelled to square off and when terminator_123 will come to collect fat premium ;)

("Before we enter the trade, we would like volatility to be a little more so that we will collect fat premiums")
 

aditya14

Well-Known Member
I paid Rs 26780/- in total.

1.Tell me how much brokrage will be charged at most by an outrageous broker like mine?

2.How to track volatility continously?
That seems reasonable rates.Sameer was of the opinion that the margin requirements are 10% and we had a heated debate on this.He still does not believe even after i have shown him the proof.

Volatility you can track by NSE website which gives historical as well as daily volatility.
 
Hi,

I bought nifty option puts at strike price 4800 (Rs-80 ) of September 24th 2009.

Please tell me is it good to keep few more days or its better to sell it now.

Is this market is going to come down in this month?, because from last last six days it continuously increasing.
 
Hi,

I bought nifty option puts at strike price 4800 (Rs-80 ) of September 24th 2009.

Please tell me is it good to keep few more days or its better to sell it now.

Is this market is going to come down in this month?, because from last last six days it continuously increasing.
If market nose dives you may earn which only god knows at this point of time.

My sincere advice:

Dear dig this thread and nseindia.com deep before burning your hand in options.

Some introductions:

http://nseindia.com/content/ncfm/DMDM.zip

Strategies:

http://nseindia.com/content/ncfm/sm_otsm.pdf
 

aditya14

Well-Known Member
Hi,

I bought nifty option puts at strike price 4800 (Rs-80 ) of September 24th 2009.

Please tell me is it good to keep few more days or its better to sell it now.

Is this market is going to come down in this month?, because from last last six days it continuously increasing.
Next time keep in mind not to buy options so near expiry.Now lets assess your position.

For you to break even at expiry Nifty needs to be at 4720 which it probably will be.BUT that`s just the breakeven point.You will only start to make money if nifty goes below that.Now since this is a short month you are better off selling your put quickly next week as time decay will kick in and keep in mind that there are just 8 days to go.

So better off getting out of this trade as market will be range bound.I do think a correction is due next week.So if you get some money cut the trade with a trailing stop-loss.
 

ghosh_ak34

Well-Known Member
Dear Friends,

For Nifty Future traders who would like to trade as per trend check strategy posted in 1st post of the thread, Nifty levels for tomorrow are as under:

Resistence at 4882
Support at 4791

If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend strategy posted in 1st post of this thread.

Regards
 
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