Option Buy Recomendations

[ghosh_ak34]

Hi Ghosh Sir,

Thank you so much.

That means, i should go for long futures, only when the R1~S1 > 300 and buy R1 put.

Sir kindly guide, if R1~S1 < 300, shall i go opposite,
that means buy a call at S1 & go short on Nifty Futures, or shall i do not trade at all ?

Awaiting your response,


Thanks & Regards,
Optionstrader

Dear Optiontrader,

If R1~S1 <300 or >400, recommend not to trade. Trade becomes very unpredictable and chances of failure increases.

Sometime its wise not to trade. Its not important to trade everyday but its important to save your hard earned money everyday.

Choose a system of your choice. Follow its rule and stick to it. How boring a system is, stick to it, after all nobody wants to jeoperdize a winning combination.

Regards

 

[ARMHM]

Foolishness is a bliss but not for long time. A fool and his money soon part.

 

[rajeshtrades]

Foolishness is a bliss but not for long time. A fool and his money soon part.

ha...ha. A trained fool is called as options trader. Right?


(i hope not i am hurting anybody)

 

[optionstrader]

ha...ha. A trained fool is called as options trader. Right?


(i hope not i am hurting anybody)

i hope you are not talking about me. coz my name is optionstrader.
in case you are, then i would like to tell you , that i have been following Mr.Ghosh Sir's, Strategy and earning at least 30K to 40K per month, including brokerage.

You may or may not believe, its up to you.
Earning ??? How... Keep guessing.

But i am 100% sure, that Ghosh sir, know exactly what i am talking about,
and i again thank him for providing such system.

 

[jace48]

rajeshtrades & optionstrader

Take these as good humour and Please close this chapter here itself. Let's be focused on subject of this thread

 

[nitu20]

Dear Optiontrader,

If R1~S1 <300 or >400, recommend not to trade. Trade becomes very unpredictable and chances of failure increases.

Sometime its wise not to trade. Its not important to trade everyday but its important to save your hard earned money everyday.

Choose a system of your choice. Follow its rule and stick to it. How boring a system is, stick to it, after all nobody wants to jeoperdize a winning combination.

Regards

Dear Ghosh Sir,
As I have calculated the R1 and S1 for this week, its coming at 3855 and 4170. So we should buy calls at 3850 or 3800 and puts at 4150 or 4200. And after buying when should we sell it. Should we hold it full week and sell it on Friday together (call and put together) or should we sell it separately on the days those are much high from our buy levels.
Regards

 

[ghosh_ak34]

Dear Ghosh Sir,
As I have calculated the R1 and S1 for this week, its coming at 3855 and 4170. So we should buy calls at 3850 or 3800 and puts at 4150 or 4200. And after buying when should we sell it. Should we hold it full week and sell it on Friday together (call and put together) or should we sell it separately on the days those are much high from our buy levels.
Regards

Dear Nitu20,

You are correct! R1 = 3855 and S1= 4170. Buy calls at 3850/3800 and puts at 4150/4200. As per the strategy exit the loss making option and hold the profit making one with trailing SL say 10-20% from the profit levels. And if your trailing SL is not hit hold the same . Buy calls and puts as per next weeks S1 and R1 and do the same as earlier. Provided R1~S1 >300 and <400.

Currently Nifty is bearish so buy more puts than calls. Recomended ratio could be 2 puts to 1 call.

Offcourse you can square off both calls and puts as per your wish. All depends on your risk appetite.

Regards

 

[GRORICH]

Dear Nitu20,

You are correct! R1 = 3855 and S1= 4170. Buy calls at 3850/3800 and puts at 4150/4200. As per the strategy exit the loss making option and hold the profit making one with trailing SL say 10-20% from the profit levels. And if your trailing SL is not hit hold the same . Buy calls and puts as per next weeks S1 and R1 and do the same as earlier. Provided R1~S1 >300 and <400.

Currently Nifty is bearish so buy more puts than calls. Recomended ratio could be 2 puts to 1 call.

Offcourse you can square off both calls and puts as per your wish. All depends on your risk appetite.

Regards

Dear Mr Ghosh,

Let me first thank you for starting such a wonderful thread of helping fellow members. I am new to this thread, even though I have been trading options for some time now.

I tried to do some calculations as per your formula. I am getting R1-S1 = 298.9 . I have attached the excel file. Could you pleae tell me where I had gone wrong ?
Thanking you very much

Grorich

 

[optionstrader]

Hi Ghosh Sir and GRORICH ,

Following is the strategy for next week :

p= 4163 + 3848 + 4016 / 3
p= 4009

s1= 4009 x 2 - 4163 = 3855
r1= 4009 x 2 - 3848 = 4170

4170-3855 = 315
315>300=<400

So as, ghosh sir, suggested & guided, buy calls at S1 which is 3855
and puts at 4170.

Thaks Ghosh sir and nitu20,


Thanks & Regards,
Optionstrader

 

[ghosh_ak34]

Dear Mr Ghosh,

Let me first thank you for starting such a wonderful thread of helping fellow members. I am new to this thread, even though I have been trading options for some time now.

I tried to do some calculations as per your formula. I am getting R1-S1 = 298.9 . I have attached the excel file. Could you pleae tell me where I had gone wrong ?
Thanking you very much

Grorich

Dear Grorish,

The weeks high,low,close data that you have posted doesn't match with that of mine. Have taken my data from icharts. Optiontrader's data matches with mine and thats the correct calculation.

Regards