Option Buy Recomendations

[columbus]

Ghosh Sir,
I bought NIfty 4400 Sep Call at 127 at the end of the day.At what price should I exit ?

Ram

why are you in a hurry !!!!!!

 

[ghosh_ak34]

Ghosh Sir,
I bought NIfty 4400 Sep Call at 127 at the end of the day.At what price should I exit ?

Ram

Dear Ram,

Keep a SL=90 and hold. Hope you have bought call to hedge your positions. Otherwise buying naked calls at R1 in falling market doesn't make any sense.

Try not to buy calls at R1, buy calls at S1 only and puts at R1 instead.

Regards

 

[awachat]

Hi Ghosh Sir,

I am new in optio trading. I have calculated P, S1 & R1 please let me know its correct value ?

Last Weeks High :- 4458.80
Last Weeks Low :- 4252.35
Last Weeks Close :- 4324.10

P = 4344.67
S1= 4231.33
R1= 4437

R1-S1 = 206

 

[ghosh_ak34]

Hi Ghosh Sir,

I am new in optio trading. I have calculated P, S1 & R1 please let me know its correct value ?

Last Weeks High :- 4458.80
Last Weeks Low :- 4252.35
Last Weeks Close :- 4324.10

P = 4344.67
S1= 4231.33
R1= 4437

R1-S1 = 206

Dear Awachat,

Please use Nifty Spot prices for the last week starting Monday and ending last weeks Friday data to calculate R1,S1 for the current week.

WeekH =4447, WeekL =4248, WeekC =4327, 2WP =8681.333333
R1 = 4433.333333
S1 = 4234.333333
So R1-S1=199

Where WeekH,WeekL, WeekC are weeks high,low and close respectively.
Regards

 

[trader999]

Ghosh Sir,
Can I buy a Nifty Sep 4300 put at 4400 ?

 

[ghosh_ak34]

Ghosh Sir,
Can I buy a Nifty Sep 4300 put at 4400 ?

Dear Trader999,

Yes, you can buy Nifty Sept 4300 put when Nifty is at 4400. But its recomended that you buy put at R1(4400) when Nifty trend is down and buy call at S1 (4200) when Nifty trend is up.

Request you to go through 1st post again to understand the strategy.

Regards

 

[awachat]

Dear Awachat,

Please use Nifty Spot prices for the last week starting Monday and ending last weeks Friday data to calculate R1,S1 for the current week.

WeekH =4447, WeekL =4248, WeekC =4327, 2WP =8681.333333
R1 = 4433.333333
S1 = 4234.333333
So R1-S1=199

Where WeekH,WeekL, WeekC are weeks high,low and close respectively.
Regards

From where I can download nifty spot price? Normally I am downloading csv files from nseindia and then calculating

 

[ghosh_ak34]

From where I can download nifty spot price? Normally I am downloading csv files from nseindia and then calculating

You can get the data from yah00 dot c0 d0t in / finance

Regards

 

[awachat]

Ghosh Sir,

I am getting data on ***** max till 22nd august. Can you please send me accurate link on my email box ?

Regards,
Dhananjay

 

[ghosh_ak34]

Ghosh Sir,

I am getting data on ***** max till 22nd august. Can you please send me accurate link on my email box ?

Regards,
Dhananjay

Dear Dhananjay,

What parameters you are using. Meanwhile you can also get the weeks data from icharts.in. Choose Symbol as "Nifty" and chart type as "candle stick" and place cursor on each candle and find the high,low for the week starting 18th Aug.. Mondays open is weeks open, likewise Fridays close is weeks close.

Hope this helps.

Regards