Option Buy Recomendations

[trader999]

Sir,
Iam having 1000 shares of RPL at 179 .Kindly advice what should I do ?


Ram

 

[ARMHM]

Sir,
Iam having 1000 shares of RPL at 179 .Kindly advice what should I do ?


Ram

Sell OTM call against it.

 

[debdeeps]

Dear Debdeeps,

Hold for a while or buy Nifty Future around 4050 and buy put at 4100/4200.

Regards

Thanks Ghoshda !! I missed your message during market hours today, will try tomorrow.

 

[beginner_av]

Dear Sankar,

Please note its Ghosh_ak34 not gosh_ak34.
Regards

Dear Grorish,
...............
Regards

Found it pretty funny. No offence.

 

[tkamal]

Ghosh sir,
God always bless on persons like u, who r always ready to help beginners and new comers. Thank u sir again
kamal

 

[gaurav108]

i m stuck with Nifty puts, strike price 3700... bought at 78 ... 10 lots...

Smbody Please suggest me what shud i do...

shud hold or sell them right away..

 

[ganna1960]

i m stuck with Nifty puts, strike price 3700... bought at 78 ... 10 lots...

Smbody Please suggest me what shud i do...

shud hold or sell them right away..

Even i have 5 lots at 85 strike rate of 3700put what should i do???????

 

[AW10]

i m stuck with Nifty puts, strike price 3700... bought at 78 ... 10 lots...

Smbody Please suggest me what shud i do...

shud hold or sell them right away..

In my opinion, Looking at the price action of last 6 days, market is closing about 3900 and not making the low below 3850 (approx), it is more likely to go north from here.
I that situation, your PUT is going to loose go out of the money (hence loose its value) with every step of nifty in north direction. Moreover your PUT is also decaying in value day by day as it is getting closer to expiry.
So it is better to cut your loss and move the money to other better opportunity.

Happy Trading.

 

[trader999]

Ghosh Sir,
Iam having 1000 RPL at 179 ? What is thwe furture of this stock ?


Ram

 

[ghosh_ak34]

Ghosh Sir,
Iam having 1000 RPL at 179 ? What is thwe furture of this stock ?


Ram

Dear Trader999,

Well future of this stock is good. No need to worry if you are a long term investor, overall market is weak and so is this one too!

Regards