Option Buy Recomendations

[trillian]

Dear Trillian,

NS opens @ 4485.15
10.45 -->4429 ------> -56 from open You bought put at R1=4500 correctly.
12.30 -->4449.65 -----> 20.65 from 10.45 Here you should have bought call at S1=4200 and have held 4500 PE with SL= 97.3, do not adject your SL. This is wrong strategy.

3.00 --> 4475.90 ----->26.25 from 12.30 Here trend is up so you can add more calls or hold on to previously bought call at 12:30.

By EOD you are already hedged.

Regards

Dear Ghosh,

After entered into an trade we should only look for this time frame i.e 10.45,12.30,3.00 to check trend. As I said before If I hold a position i.e 4500PE yesterday @ 10.45 and 11.30 if the mkt is +25 and 12.00 again - 21.what we can do over here? Can I enter 4200CE @ 11.30 itself or I want to check the trend only @ 12.45 desperate market goes anywhere between 10.45 - 12.30 I should not enter any new position rather than holding 4500 PE bought @ 10.45 and check the trend only @ 12.30 not before that. Am i correct?

Thanks.

 

[ghosh_ak34]

Dear Ghosh,

After entered into an trade we should only look for this time frame i.e 10.45,12.30,3.00 to check trend. As I said before If I hold a position i.e 4500PE yesterday @ 10.45 and 11.30 if the mkt is +25 and 12.00 again - 21.what we can do over here? Can I enter 4200CE @ 11.30 itself or I want to check the trend only @ 12.45 desperate market goes anywhere between 10.45 - 12.30 I should not enter any new position rather than holding 4500 PE bought @ 10.45 and check the trend only @ 12.30 not before that. Am i correct?

Thanks.

Dear Trillian,

Yes, preferred time frames are 10:30 -10:45 AM, 12:30 and 3:00 PM, one can choose their own as well. Well hold your 4500PE with trailing SL=10% when in profit or book profit. If at 11:30 AM Nifty is up +25 then, buy call at S1 (4200) and hold with SL=30% from your buy price (YBP).And at 12:00 if its -21 then, buy puts at R1 4500 and hold the calls bought previously with SL=YBP or trailing SL =10% from previous proft making price. Yes, do not enter into any trade except these reffered time frames. Only hold the positions with SL and trailing SL.

Regards

 

[trillian]

Dear ghosh,

I am posting the paper trade done me using this strategy today.

Have a look @ it and correct me where I am wrong..
Holding 4500 PE @ 136 from yesterday.

Today' Nifty levels:

Open ----> 4463.85
10.45 ----> 4440.35 ---> -23 so holding the previous 4500PE with SL 95.2 (30%)
12.30 ----> 4457 -----> 16.65 ---> Did not entered any trade still holding 4500PE with same 30% SL
3.00 -----> 4389 ------> -68 ----> still holding the 4500 PE with SL 10% from cmp i.e 142 and hedged the position by buying 4200 CE @ 254 i.e cmp @ 3 P.M
with 10% SL i.e 228.6.

Regards

 

[ghosh_ak34]

Dear ghosh,

I am posting the paper trade done me using this strategy today.

Have a look @ it and correct me where I am wrong..
Holding 4500 PE @ 136 from yesterday.

Today' Nifty levels:

Open ----> 4463.85
10.45 ----> 4440.35 ---> -23 so holding the previous 4500PE with SL 95.2 (30%)
12.30 ----> 4457 -----> 16.65 ---> Did not entered any trade still holding 4500PE with same 30% SL
3.00 -----> 4389 ------> -68 ----> still holding the 4500 PE with SL 10% from cmp i.e 142 and hedged the position by buying 4200 CE @ 254 i.e cmp @ 3 P.M
with 10% SL i.e 228.6.

Regards

Dear Trillian,

Your trade for the day is correct.

Regards

 

[rahul1983]

Ghos Babu today i traded accroding to ur strategy but i initiated the trade a bit late

@ 3.00 i checked the levels from 12.30 -3.00 and nifty spot was down more then 20 points

from the 12.30 level

but while buying i did a mistake , since i play in strangles i kept that in mind

and bought a PUT @ S 1 and CALL @ R 1

ie 4500 C and 4300 P

instead of buying 4500 P and 4300 C , according to ur strategy, i realised it later
although my position is hedged but should i reverse this tommorrow or what will be the
implications of this since i did it wrong

 

[ghosh_ak34]

Ghos Babu today i traded accroding to ur strategy but i initiated the trade a bit late

@ 3.00 i checked the levels from 12.30 -3.00 and nifty spot was down more then 20 points

from the 12.30 level

but while buying i did a mistake , since i play in strangles i kept that in mind

and bought a PUT @ S 1 and CALL @ R 1

ie 4500 C and 4300 P

instead of buying 4500 P and 4300 C , according to ur strategy, i realised it later
although my position is hedged but should i reverse this tommorrow or what will be the
implications of this since i did it wrong

Dear rahul1983,

You can hold them with SL=30% or try to exit and try to avoid this in future.

Regards

 

[vasanth_ece]

Open ----> 4463.85
10.45 ----> 4440.35 ---> -23 so holding the previous 4500PE with SL 95.2 (30%)
12.30 ----> 4457 -----> 16.65 ---> Did not entered any trade still holding 4500PE with same 30% SL
3.00 -----> 4389 ------> -68 ----> still holding the 4500 PE with SL 10% from cmp i.e 142 and hedged the position by buying 4200 CE @ 254 i.e cmp @ 3 P.M
with 10% SL i.e 228.6.

Hi trillian,

Please see the below link in the NSE Nifty site :
I went to the link by going to Nifty Home Page-->Nifty Stock Watch (Left hand Side in Equities Section)-->Nifty Watch (Right hand Side).

http://nseindia.com/marketinfo/indices/indexwatch_nifty.jsp

In this i am seeing Nifty Open Price is 4467.50.Please let me know how you are saying the Open Price is 4463.85.

Please see before market open today.Let me know where you got the info. in NSE Site regarding Nifty Open Price.

I really confused with this for the past few days.

Please clarify.

Reg
Vasanth

 

[trillian]

Hi trillian,

Please see the below link in the NSE Nifty site :
I went to the link by going to Nifty Home Page-->Nifty Stock Watch (Left hand Side in Equities Section)-->Nifty Watch (Right hand Side).

http://nseindia.com/marketinfo/indices/indexwatch_nifty.jsp

In this i am seeing Nifty Open Price is 4467.50.Please let me know how you are saying the Open Price is 4463.85.

Please see before market open today.Let me know where you got the info. in NSE Site regarding Nifty Open Price.

I really confused with this for the past few days.

Please clarify.

Reg
Vasanth

Vasanth,

You are correct. The open price is 4467.5 I am using my terminal to check prices and the price I mentioned here was @ 9.55. so dont confuse over here. what you looking was correct,so go ahead.

Regards

 

[trillian]

Dear ghosh,

As per you strategy On 10/09/08 I am holding 4500 PE to hedge this i have bought 4200 CE @ 254 on 10/09/08 @ 3 and had a stop loss @ 228 i.e 10% but yesterday 11/09/08 4200 CE did not reached my stop loss price and its trading below that.

so what i want to do here? need help.

Thanks,

Regards

 

[swing_trader]

hi...i am new to this forum
can somebody tell me where to chech nifty's week high,low and close please
thankx