Option Buy Recomendations

[psvaja]

Dear Psvaja,

I have tried to consolidate the strategy and have put it in the 1st post of this thread. Please do let me know if I am missing anything. I will update the 1st post of this thread accordingly.

Regards

Thank you very much sir. you are doing a great job. pl keep continue.

Pravin

 

[ghosh_ak34]

Ghosh Sir,
Is Voltality Index and decrease in Volumes any indication of buying call or put options ?

Regards
Ram

Dear Trader999,

Nifty currently looks somewhat bearish with decreasing volume. So, you can buy more no. of puts (say 2 puts atleast at R1 i.e. 4600/4500) and lesser no. of calls (say 1 call atleast at S1 i.e 4300/4400) to hedge the same. Rememeber to buy options for the next month after 20th Aug. and according to the sideways strategy stated in the 1st post of this thread.

Regards

 

[trader999]

Dear Trader999,

Nifty currently looks somewhat bearish with decreasing volume. So, you can buy more no. of puts (say 2 puts atleast at R1 i.e. 4600/4500) and lesser no. of calls (say 1 call atleast at S1 i.e 4300/4400) to hedge the same. Rememeber to buy options for the next month after 20th Aug. and according to the sideways strategy stated in the 1st post of this thread.

Regards

Ghosh Sir,
I bought a Aug 2008 Nifty Call option 4400 at 105. Should I exit tommorrow in the morning ?

Ram

 

[atulfpe]

sir i have one nifty call strike price 4400 @ 79. what is your opnion for this whether i hold it or get out as early

 

[trader999]

sir i have one nifty call strike price 4400 @ 79. what is your opnion for this whether i hold it or get out as early

Ghosh Sir,
At what price should I buy next month call option of Rs 4400

RAm

 

[ghosh_ak34]

Ghosh Sir,
At what price should I buy next month call option of Rs 4400

RAm

Dear Trader999,

Buy calls at S1 and puts at R1 as per sideways strategy stated in 1st post. Whatever better price you could get.

sir i have one nifty call strike price 4400 @ 79. what is your opnion for this whether i hold it or get out as early

Ghosh Sir,
I bought a Aug 2008 Nifty Call option 4400 at 105. Should I exit tommorrow in the morning ?

Ram

Sorry, missed your messgaes yesterday. Try to post the message little early. I hope you might have exited the position with a SL=30%.

Regards

 

[birla]

Hi Ghosh

I am following this thread from the past 3 weeks and found it useful. Just finished reading all the posts ....

1. what is your expectation of the expiry for this month ?
2. I have 4400 call @ 128. what do you suggest.

cheers
Vikas

 

[lalpar]

HI Ghosh Sir,

I have all calls for 4400,4500,4600,4700...whats ur view this expiry Sir

 

[ghosh_ak34]

Hi Ghosh

I am following this thread from the past 3 weeks and found it useful. Just finished reading all the posts ....

1. what is your expectation of the expiry for this month ?
2. I have 4400 call @ 128. what do you suggest.

cheers
Vikas

HI Ghosh Sir,

I have all calls for 4400,4500,4600,4700...whats ur view this expiry Sir

Dear Friend,

Nifty is still sideways and expected to remain so till expiry. Exit your positions from the calls for the current month and buy next months calls at S1 =4400 and puts at R1=4600 as per the strategy stated in 1st post.

So not trade without any hedging. Always maintain a strict SL and stick to it. Traders normally keep holding the loss making trade and exit the profit making ones in a hurry, so at the end they loose money as well as chances of staying long in the market.

Do not carry any open positions home. Either square off or hedge your positions. if you are long on Nifty and have got 2 calls at S1 which haven't hit the SL then buy 1 put at R1 to hedge your position before calling it a day.

Regards

 

[ranj_2k]

What is the maximum difference between bid price and offer price when trade will be executed. I have feeded bid price of Rs.55 for Minifty 5300 PUT and offer price is Rs.75. At what difference of price trade will be executed. Awaiting reply from learned members.