Option Buy Recomendations

[turjobhatto]

Anyway I have sold @143.30 and got some profit. I am waiting for Nov' series.
Thanks for advise.

 

[abigbull]

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 ?
================================
Ghosh Sir : ok let this query be the other way round this time If i have the view that the Nifty will go up and as stated earlier ,will buy the next months call after 20th of the month . What should i do in options to hedge the : Nov 5200 Call now . ?
Since u had earlier told to write off 5000 Call 1 lot & 5000 put 1 lot , so i understand that it is a hedged write position with a SL attached .


This is for learning purpose .

 

[terminator_123]

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 ?
================================
Ghosh Sir : ok let this query be the other way round this time If i have the view that the Nifty will go up and as stated earlier ,will buy the next months call after 20th of the month . What should i do in options to hedge the : Nov 5200 Call now . ?
Since u had earlier told to write off 5000 Call 1 lot & 5000 put 1 lot , so i understand that it is a hedged write position with a SL attached .


This is for learning purpose .

Hi Ghosh,
I was thinking of asking something similar .
Lets say we have a mild directional view (say 100 points, timeframe = two days). When we are buying options, are there any hedges other than bull/bear spreads ?

Thanks,
Pavan

 

[ghosh_ak34]

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 ?
================================
Ghosh Sir : ok let this query be the other way round this time If i have the view that the Nifty will go up and as stated earlier ,will buy the next months call after 20th of the month . What should i do in options to hedge the : Nov 5200 Call now . ?
Since u had earlier told to write off 5000 Call 1 lot & 5000 put 1 lot , so i understand that it is a hedged write position with a SL attached .


This is for learning purpose .

Dear Abigbull,

Firstly I will never prefer to buy OTM calls and keep it open for next day unless I am sure of a good gap up and/or continuous rise next day. Reason being calls/puts premium dies if one keeps position open for long with market moving sideways.

If at all I do then, I will buy call/put of the same strike price .i.e. I will buy a near money straddle when I expect market to move either way (big gap up or gap down) like budget day or election result day or some fiscal policy day or else when big move either way is expected.

Will buy calls or puts as per strategy posted in the 1st post of this thread and if at all I would like to keep it then, I will hedge suitably as per strategy posted in the 1st post of this thread.

Well if at all some one buys a OTM call then, buy a put of the same OTM strike price to hedge the positon, provided above conditions holds good. Yes, with suitable SL.

I hope this helps.

Regards

 

[ghosh_ak34]

Dear Friends,

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

Resistence at 5150
Support at 5062

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

 

[kkr555]

Dear Ghosh,

I wrote a 5200 Nifty call and put for a net premium of Rs 152/- Do you think this was a wise strategy ?

Dear Abigbull,

Firstly I will never prefer to buy OTM calls and keep it open for next day unless I am sure of a good gap up and/or continuous rise next day. Reason being calls/puts premium dies if one keeps position open for long with market moving sideways.

If at all I do then, I will buy call/put of the same strike price .i.e. I will buy a near money straddle when I expect market to move either way (big gap up or gap down) like budget day or election result day or some fiscal policy day or else when big move either way is expected.

Will buy calls or puts as per strategy posted in the 1st post of this thread and if at all I would like to keep it then, I will hedge suitably as per strategy posted in the 1st post of this thread.

Well if at all some one buys a OTM call then, buy a put of the same OTM strike price to hedge the positon, provided above conditions holds good. Yes, with suitable SL.

I hope this helps.

Regards

 

[ghosh_ak34]

Dear Ghosh,

I wrote a 5200 Nifty call and put for a net premium of Rs 152/- Do you think this was a wise strategy ?

Dear kkr555,

Its not correct as difference between premium for call and put is quite wide and difference between put and call volumes is 4:1 (approx.).

Regards

 

[chaitanyagoa]

Dear Ghosh,

I wrote a 5200 Nifty call and put for a net premium of Rs 152/- Do you think this was a wise strategy ?


Dear kkr555,

Its not correct as difference between premium for call and put is quite wide and difference between put and call volumes is 4:1 (approx.).

Regards

Hello MrGhosh,

Do u use Rt data For Intraday...... Can u suggest me a good Provider for Real Time Data?

I am seriously looking for one without any success.....:annoyed:.

Thanks

 

[ghosh_ak34]

Hello MrGhosh,

Do u use Rt data For Intraday...... Can u suggest me a good Provider for Real Time Data?

I am seriously looking for one without any success.....:annoyed:.

Thanks

Dear chaitanyagoa,

I am a office goer and I do not seat in front of a terminal. I have tried trial version of TruedataIndia and found it okay. May be you can also try it and see if it works for you.

Regards

 

[ghosh_ak34]

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 5105
Support at 5028

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