Option Buy Recomendations

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ghosh_ak34

Well-Known Member
Hello All,
I am very new to options, if there is any link or book with will give me some background abt options like what is options,strike,put,call

Thanks in advance for your reply.
mamol-
Dear Mamol,

You can refer to 888options dot com or option-trading-guide dot com to start with in understanding options.

Regards
 
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chaitanyagoa

Well-Known Member
Hello All,
I am very new to options, if there is any link or book with will give me some background abt options like what is options,strike,put,call

Thanks in advance for your reply.
mamol-
Hello Mamol,

If you really wanna learn about the trading techniques in Nifty Go through this forum with a TOOTH AND A COMB....... There is Immeasurable knowledge buried in the depths of this thread......
 

chaitanyagoa

Well-Known Member
Dear chaitanyagoa,

If you see the options data for Nifty for Oct series. (nseindia -Option Chain ), the volume of Put Vs Call is nearly the same suggesting lack of conviction eitherway.

So Ghosh Sir , Do u recommend that we go to nse site and check the Put Call ratio before making a trade . Also what should we do if there are more number of puts or say more number of calls . ?

thanks in advance for ur comments
Remind me to explain the strategy over the weekend........ :)

Until then get familiar with the basic Nifty terms like Writing the calls,Puts ... buying of calls/ puts etc.....

It will help u in further understanding of the logic.....
 

chaitanyagoa

Well-Known Member

ghosh_ak34

Well-Known Member
Dear Ghosh

I have purchased 2 nifty lot. CE 5200 @ Rs 134 expire 29 November. I have made profit from ur last advise.

Turjobhatto
Why have you bought Nifty 5200 Call Nov. series ? Who has suggested you to buy this. You need to answer this.

Always people take a decision then they ask for the sol. why not the otherway round or you anlalyze it so as to handle your call.

Have you hedged it. And if not why ?

Sorry to sound loud and unpleasant..

Regards
 
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chaitanyagoa

Well-Known Member
Dear Ghosh

I have purchased 2 nifty lot. CE 5200 @ Rs 134 expire 29 November. I have made profit from ur last advise.

Turjobhatto
Hello Turbo,

I have mentioned somewhere in this thread that one should NOT by the Next Month's series before the expiry of this month.....

It is not advisable..... One reason for not buying it is that there will be a 150-200 point correction and u can get the same strike at a much lower price than what u have paid..... :)
 

ghosh_ak34

Well-Known Member
Hello Turbo,

I have mentioned somewhere in this thread that one should NOT by the Next Month's series before the expiry of this month.....

It is not advisable..... One reason for not buying it is that there will be a 150-200 point correction and u can get the same strike at a much lower price than what u have paid..... :)
After 20th of the month, its rco. to trade in next series.

So, one should take a buy call/put for Nov. series as per strategy posted in the 1st post of this thread.

Regards
 
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