Option Buy Recomendations

[BBAGI]

Mr Ghosh,
I am completely new to Options tradinig. I am going through the initial strategy that you have explained. Can you please provide recommendations on the lines of your strategy, it woudl be really helpful.
Sorry for asking a pie of your badwidth.

Regards,
BHushan

 

[ghosh_ak34]

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

Dear Kumark,

Exit reliance call as Reliance is in bearish mode and I hope you might have made good profits in the put so you might have booked profit in that.

Regards

 

[ghosh_ak34]

Mr Ghosh,
I am completely new to Options tradinig. I am going through the initial strategy that you have explained. Can you please provide recommendations on the lines of your strategy, it woudl be really helpful.
Sorry for asking a pie of your badwidth.

Regards,
BHushan

Dear Bbagi,

R1 = 4200 and S1 = 3900 so you can buy calls at 3900 and puts at 4200 as per strategy stated in 1st post of this thread.

Nifty is currently in bearish mode so buy more puts than calls.

Regards

 

[BBAGI]

Thanks Mr Ghosh,
I am aware that the values for R1 & S1 have been obtained from the formulas provided which uses the numbers like Weeks High, Weeks Low, Weeks Close. Is there any site which provides these numbers readily, or do you update them every week here.
Also which is the best site to track the market for options....

regards,
bhushan

 

[Reji]

Thanks Mr Ghosh,
I am aware that the values for R1 & S1 have been obtained from the formulas provided which uses the numbers like Weeks High, Weeks Low, Weeks Close. Is there any site which provides these numbers readily, or do you update them every week here.
Also which is the best site to track the market for options....

regards,
bhushan

Hi Bbagi,

You get all the relavant data from Icharts.in

regrards

Reji

 

[arghali]

I trade through Motilal Oswal Terminal. I saw when I go through the Order book There are two option Like Day/IOC It means when I bough for long which option should I choose?

What is Day/IOC? For next day trading which one is suitable?

 

[vasanth_ece]

I trade through Motilal Oswal Terminal. I saw when I go through the Order book There are two option Like Day/IOC It means when I bough for long which option should I choose?

What is Day/IOC? For next day trading which one is suitable?

Hi arghali,

Day/IOC will work if you set the Limit Price.Suppose you set the limit Price to 100 and Spot Price is 105.Your Order will wait till End OF Day if you select Day Option.

IOC is Immediate Or Cancel.If the Price after confirming your order is 100 then your order is executed else cancelled.

Normally Day is preferrable and this is nothing relates with wither call or put Option.

Ghosh,
Correct me if i am wrong.

Reg
Vasanth

 

[SR_TA]

Ghosh Sir

I have been following your msgs for a week now and it is awsome. Just need little guidance..

As Nifty support at S1=3900 is breached, is there any change in strategy?
Please guide.. Thanks..

 

[rahul1983]

Ghos Babu Dout hai


ur 10.30 12.30 and 3 time cheks are working great

ek dout aaya hai since now a days there is sun outage and markets close @ 11.30 and again reopen @ 12.05 and continues till 4.15 instead of closing @ 3.30

do we need to change out timing according to the changes market timing ???

i mean will this make any difference in entry and exit or we stick to our 10.30 12.30 and 3 schedule .....whihc is working fine ..but still just a thought what you

 

[ghosh_ak34]

Ghos Babu Dout hai


ur 10.30 12.30 and 3 time cheks are working great

ek dout aaya hai since now a days there is sun outage and markets close @ 11.30 and again reopen @ 12.05 and continues till 4.15 instead of closing @ 3.30

do we need to change out timing according to the changes market timing ???

i mean will this make any difference in entry and exit or we stick to our 10.30 12.30 and 3 schedule .....whihc is working fine ..but still just a thought what you

Dear Rahul,

As stated earlier, due to outage change hedging time from 3:15 to 4:15PM, rest of the time remains unchanged i.e. 10.30-10:45AM, 12:30 and 3 PM.

Regards