Option Buy Recomendations

[kamal.jain.dce]

Can somebody explain whats a nifty call???

 

[marcus]

In a rather crude way to put it, a call is about buying, it gives you the right to buy something, a put is about about selling it gives you the right to sell something, whenever you consider options definitions always try to look at it from the buyers point of view the person who is buying the call or the put, and you will not be confused.

 

[ghosh_ak34]

hi,
what will be the market condition in next 6-7 days??
I hold Nifty Put option 5500 Sp at 38 Rs premium.
Currently it is trading at 20 Rs.
i want to knw d future of this Option.
Also probable market conditions next week.
Can some expert comment on this??

Dear Friend,

Would suggest to hold the put till next Friday.

Regards

 

[krishnan_vishnu]

Dear Radhakrishna,

Looking at current market condition. Fed cut is expected so if Nifty goes up you will loose becoz you have written call. I reco. avoid writting calls. Margin its money.

Regards

Dear Ghosh,

What would be the maximum loss ? .. Pls advice

Regards
Radhakrishnan

 

[optionstrader]

Dear ghosh sir,

I have idbi options call of 180...bought at 9.20...currently at 6...
I also have chambal fertilizers 100 options call at 6.80...currently at 3

kindly guide me what to do...shall i hold or book loss

Awaiting your quickest response,

Thanks and regards,
optionstrader

 

[ghosh_ak34]

Dear ghosh sir,

I have idbi options call of 180...bought at 9.20...currently at 6...
I also have chambal fertilizers 100 options call at 6.80...currently at 3

kindly guide me what to do...shall i hold or book loss

Awaiting your quickest response,

Thanks and regards,
optionstrader

Dear Friend,

Hold idbi and exit chambal fertilizer

Regards

 

[optionstrader]

Dear Ghosh Sir,

Thank you so much for your prompt reply.
I would also like to thank you for starting thread and providing options calls.
Your calls are a great help for us small investors.

Sir, i also wanted to know, that when you give calls for options, when should we book profit ?

And also, for IDBI call, i had taken at 9.20..for what target should i hold ?
And for chambal, shall i exit today..or wait for it to come at 4 or 5...as i have taken at 6.80 ?

Awaiting your quickest response,

Thanks & Regards,
optionstrader

 

[rahuul]

Ghosh sir,
I bought 6200 call at 103.Do you think it will reach this level by Dec 27?

 

[ghosh_ak34]

Dear Ghosh Sir,

Thank you so much for your prompt reply.
I would also like to thank you for starting thread and providing options calls.
Your calls are a great help for us small investors.

Sir, i also wanted to know, that when you give calls for options, when should we book profit ?

And also, for IDBI call, i had taken at 9.20..for what target should i hold ?
And for chambal, shall i exit today..or wait for it to come at 4 or 5...as i have taken at 6.80 ?

Awaiting your quickest response,

Thanks & Regards,
optionstrader

Dear Friend,

Thanks for your kind appreciation. Chambal fert. doesn't give any clear signal on charts. Keep a stop loss and hold. Underying looks okay but as option call decines faster so its a risk. In IDBI, you can expect 50% profit. Exit around 14-15. My calls could give 50% profits, with a SL = 20-30%.

Regards

 

[ghosh_ak34]

Ghosh sir,
I bought 6200 call at 103.Do you think it will reach this level by Dec 27?

Dear Rahul,

Looking at current market situation, it doesn't seem nifty will cross 6200 in hurry by 27th Dec. One should buy calls at support and buy put at resistence or write at resistence, unless one is very sure of a good upmove with large volumes at previous resistence level.

Regards