Option Buy Recomendations

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ghosh_ak34

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Hi Mr. Ghosh,

I got one doubt i.e., whenever I check calls/puts then I’m unable to understand that whether people are buying them or writing them & I’ve same doubt with futures too i.e., whether people are going long ‘or’ short…..

Plez take your time to clarify my queries…..

Thanks a ton in advance………

Sirisha, Hyd.
Dear Sirisha,

As said earlier, you can get to know about no. of option call or put buyers / writers via nseindia -> option chain -> Quote (for call or put). Here you can see the order book where no. of Qty about buyers or sellers (writers) would tell you about whats happening in market. If you note these figures on daily basis and track the same then, it might help.

Regards
 
Dear Ghosh Sir,
I am new to Future & Option. I was just going through your post and subsequent replies. It is really interesting. Thanks for sharing this. Monday onwards I am going to observe this strategy. I have some doubts, which may be silly.

In the coming week, R1 = 5160 and S1 = 4976. So the market is in Sideway regime. Please go through the following scenarios.

1. On Monday Nifty @ 9.05AM (opening) is 5100. Then Nifty becomes 5125 @ 9:35AM (up by 25 points since opening). So we will go long on Nifty Call with Strike price of 5000 (with a stop loss placed below 30% of buy price). Now, subsequently if Nifty @ 10.30AM becomes 5104 (down by 21 points since 9:35AM). Should we buy put @ R1 (i.e., Nifty put with strike price of 5200)? If yes, then whether we have to exit the long call? Please clarify.

2. Nifty @ 9:05AM is at 5100. At 9:35AM it is at 5116. No Action. Nifty becomes 5120 @ 9:40 AM. Should we buy the call @ S1 this time (9:40AM), or, wait for 10:30AM. and check whether nifty is >= 5136 to buy long call @ S1? In the meantime, if Nifty @ 10:30AM becomes <=4996 we will buy a put @ R1. Please explain.

Thanks in advance,
Santanu
 

ghosh_ak34

Well-Known Member
Dear Ghosh Sir,
I am new to Future & Option. I was just going through your post and subsequent replies. It is really interesting. Thanks for sharing this. Monday onwards I am going to observe this strategy. I have some doubts, which may be silly.

In the coming week, R1 = 5160 and S1 = 4976. So the market is in Sideway regime. Please go through the following scenarios.

............
Thanks in advance,
Santanu
Dear Santanu,

Ans 1) Hold the put if SL not hit.

Ans 2) As said earlier Will check trend only at 9:35 AM, 10:00 AM, 10:30 AM, 12:30 PM and 3:00/3:15 PM. If the trend is exact 20pts then, will wait for another 15 min. for confirmation or will buy as per our risk taking ability,

Regards
 

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 5132
Support at 5045

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 check strategy posted in 1st post of this thread.

Regards
 
Sir,

I am trying to update time wise nifty value,

Time----------Price-------Diff-------Trade
09.05 AM------5136.8------0-------------No
09.35 AM------5135.6---- (-1.20)--------No
10.00 AM------5131.1---- (-4.50)--------No
10.30 AM------5133.5---- (2.40)---------No
12.30 PM------5132.95---- (-0.55)-------No
03.00 PM------5120.55---- (-12.4)-------No

Regards
susbhan
 
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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 5152
Support at 5085

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 check strategy posted in 1st post of this thread.

Regards
 
Sir,

I am trying to update time wise nifty value,

Time----------Price--------Diff----------Trade
09.05 AM------5115.95------0-------------No
09.35 AM------5117.60------1.65-------------No
10.00 AM------5117.55-------(-0.05)------------No
10.30 AM------5114.85------(-2.70)-------------No
12.30 PM------5108.60------(-6.25)-------------No
03.00 PM

Regards
susbhan
 
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