Option Buy Recomendations

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AW10

Well-Known Member
Ghosh Sir,
I dont get time during the day to trade.Is there any other way of making money in stock market after market hours ? Kindly advice


Ram
Many online brokers provide the facility of placing "after market" orders. You can create your orders in the night and it will get executed next day. For this way of trading, it is better to use Limit Order or "Stop Trigger + Limit" order combination.
I know that ICICIDirect has this facility (I am sure other brokers will also be having it). And if your broker doesn't have this facility then he doesn't meet your requirement so don't hesitate to switch the broker.

Happy Trading.
 
Dear Jace48,

I hope you have enjoyed the party. Strategy for next week - buy Nifty calls at 4000/4100 and Nifty puts at 4500/4600 atleast. It seems market will remain sideways.
If Nifty opens with gap up and remain above 20pts till 10:30AM - 10:45 AM buy calls at S1 with SL 20-30% from your buy price. Book profit if your target is achieved or buy puts at R1 around 3:00 PM-3:15 PM and hold call with a trailing SL of say 10%.

If Nifty opens with gap down and remain below 20pts till 10:30AM - 10:45 AM buy puts at R1 with SL 20-30% from your buy price. Book profit if your target is achieved or buy calls at R1 around 3:00 PM-3:15 PM and and hold put with a trailing SL of say 10%.

Vary calls and puts nos. according to the trend.

Regards
Sir,
As I understand your strategy , since now Nifty is around 4300 , we should not trade till it reaches either 4000 to 4100 on the downside or till it reaches 4500 on the upper side.
Kindly tell me whether I am correct or not ?
Thank you , sir

Grorich
 

ghosh_ak34

Well-Known Member
Sir,
As I understand your strategy , since now Nifty is around 4300 , we should not trade till it reaches either 4000 to 4100 on the downside or till it reaches 4500 on the upper side.
Kindly tell me whether I am correct or not ?
Thank you , sir

Grorich
Dear Grorich,

Its Nifty strike price 4000/4100 (S1) where you are recomended to buy calls and buy puts at strike price4500/4600. So, there is no need to wait for these levels to reach. Request you to read the thread from start to understand the strategy.

Buy these options for next month (August) only. This month's expiry is nearing so avoid trading in options for this month (July).

Regards
 
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praveen taneja

Well-Known Member
Dear Jace48,

I hope you have enjoyed the party. Strategy for next week - buy Nifty calls at 4000/4100 and Nifty puts at 4500/4600 atleast. It seems market will remain sideways.
If Nifty opens with gap up and remain above 20pts till 10:30AM - 10:45 AM buy calls at S1 with SL 20-30% from your buy price. Book profit if your target is achieved or buy puts at R1 around 3:00 PM-3:15 PM and hold call with a trailing SL of say 10%.

If Nifty opens with gap down and remain below 20pts till 10:30AM - 10:45 AM buy puts at R1 with SL 20-30% from your buy price. Book profit if your target is achieved or buy calls at R1 around 3:00 PM-3:15 PM and and hold put with a trailing SL of say 10%.

Vary calls and puts nos. according to the trend.

Regards
sir i m too confused do u mean if nifty reach 4000/4100 then v should buy 4500\4600 call n when above then vice versa pls make it clear sorry to ask this but confused so asked thnx n god bless u
 

ghosh_ak34

Well-Known Member
sir i m too confused do u mean if nifty reach 4000/4100 then v should buy 4500\4600 call n when above then vice versa pls make it clear sorry to ask this but confused so asked thnx n god bless u
Dear Praveen,

No there is no need to wait for Nifty 4000/4100 to buy 4500/4600 calls. These are strike prices. When market opens on Monday buy next month's Nifty calls and puts at the strike price as per earlier stated strategy.

To understand options please refer options study materials. 888options.c0m would be nice to start with. There are lots of reading materials on option in traderji as well.

Regards
 

praveen taneja

Well-Known Member
Dear Praveen,

No there is no need to wait for Nifty 4000/4100 to buy 4500/4600 calls. These are strike prices. When market opens on Monday buy next month's Nifty calls and puts at the strike price as per earlier stated strategy.

To understand options please refer options study materials. 888options.c0m would be nice to start with. There are lots of reading materials on option in traderji as well.

Regards
k sir thnx for the reply but i always do strangle and always trapped bcoz dont know wat is the exact price at which i must exit like at 4400 i bought 4200 put at 91 n 4600 call at 141 of aug on thursday last now dont know wat to do or how much should i wait. 4200 put is now at 135 around n 4600 call is at 79 around can u tell me wat is the best way to exit from strangle options.one more thing can i add u at YM so i can ask u any querries if i hav with ur permission.my id is prvntnj@*****.co.in add me if u allow me thnx again for helping n replying me god bless u:)
 
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