Option Buy Recomendations

[ghosh_ak34]

I think,we'll need to follow a normal/direct strategy because R1-S1=333

Ghoshda's strategy states---"Sideways strategy is as under, applicable when R1~S1 <300 or >400" Am I wrong-Ghosh Sir?
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Dear Ka2931,

I think I did a mistake in my previous post accidently. R1~S1 = 333 which is within the range (300, 400) then, we would not follow sideways strategy. I will correct that post and will update the same in new post.

Thanks for pointing it out.

Regards

 

[ghosh_ak34]

Hi Ghosh,

Why we need to follow sideways strategy,as R1-S1 >=300 and <400?I hope we need to follow normal strategy .

One more question,As of Normal strategy we need to buy calls @S1 and put at R1.

Is this irrespective of time,as per First post?Or do we have a specific time to buy calls/puts.

Please clarify.

Regards
Vasanth

Dear Vasanth,

Sorry, I did a mistake in the previous post which I have corrected. Thanks for pointing it out.

Regards

 

[ghosh_ak34]

Dear All,

Next weeks R1=4200 and S1=3900. R1~S1 = 333 which is within the range of 300-400 and Nifty is bearish so buy atleast 2 puts at R1 and 1 call at S1. We need to keep checking the trend for another 15days to confirm this bearish mode. So, trade as per the emerging trend.

Regards

 

[ghosh_ak34]

Hi Ghosh,

Is there any specific time to buy calls@S1/putsSR1 for Normal Strategy,which is going to happen for next week.

Please advice

Reg
Vasanth

Dear vasanth,

Under normal condition i.e. when R1~S1 >=300 and <400. Then, also I will prefer buy after 10:30AM options depending on trend. Only ratio varies, if bearish we buy more puts and less calls and vise versa.

Regards

 

[ghosh_ak34]

Ghosh Sir,

My today trdae :carry forword of call and put from yesterday.call stoploss triggered.Put target achieved .have a gain.
One doubt is there.Whats the difference in sideway strategy and normal strategy?
I unable to find the difference.Please clarify the difference ?
Another one is when we carry next day with hedging then we need to close one position which in loss in morning? or wait?

Regards
VJAY

Dear Vijay,

Normal strategy means buy more calls at S1 and lesser puts at R1 if Nifty is bullish and if bearish buy more puts and lesser calls at R1 and S1 respectively.

Next day if we carry forward the previous days position with hedging in place. Then, we wait for one to come in profit and once in profit we can square off this along with the hedged one. So, as to reduce chances of profit erosion.

If your risk appetite is higher then, follow :

And suppose we are in profit and we intend to hold on to the profit making position with trailing SL=10% from CMP then, we also hold the hedged postion till it hits SL=30%. Once SL hits we exit the position with loss but we keep holding the profit making position with trailing SL = 10%

Regards

 

[tradengrow]

Dear Ghosh Sir,

No worries Sir. This happens sometime. I have doubled my capital in just 4 months following your strategy. You are doing a great job Sir!

--Anil

 

[ka2931]

Dear Ghoshda,

Never mind.It does happen sometimes.Actually your innovative strategy is passing through a kind of acid test.And above all,by following your strategy everybody is profiting and I'm too on paper trading.Soon I'll put my real money in option trading.Sir,you've done a great job.

kausik

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Dear Ka2931,

I think I did a mistake in my previous post accidently. R1~S1 = 333 which is within the range (300, 400) then, we would not follow sideways strategy. I will correct that post and will update the same in new post.

Thanks for pointing it out.

Regards

 

[VJAY]

Ghosh sir,
Thanks for your guidence.Now it is cristal clear the normal strategy.If side way strategy then buy any one put or call as per trend.Is it correct?
Regards
VJAY

Dear Vijay,

Normal strategy means buy more calls at S1 and lesser puts at R1 if Nifty is bullish and if bearish buy more puts and lesser calls at R1 and S1 respectively.

Next day if we carry forward the previous days position with hedging in place. Then, we wait for one to come in profit and once in profit we can square off this along with the hedged one. So, as to reduce chances of profit erosion.

If your risk appetite is higher then, follow :

And suppose we are in profit and we intend to hold on to the profit making position with trailing SL=10% from CMP then, we also hold the hedged postion till it hits SL=30%. Once SL hits we exit the position with loss but we keep holding the profit making position with trailing SL = 10%

Regards

 

[ghosh_ak34]

Ghosh sir,
Thanks for your guidence.Now it is cristal clear the normal strategy.If side way strategy then buy any one put or call as per trend.Is it correct?
Regards
VJAY

Yes, you are correct.

Regards

 

[kumark]

Hi Ghosh,

I have these Options plz let me know the future actions...Both options brought last week...

Reliance 2220 1 CA @ 33.25

Nifty 3750 1 PE @ 54.10

Thanks & Regards

Nithin