Option Buy Recomendations

[ghosh_ak34]

Dear Friends,

For Nifty Future traders who would like to trade as per trend check strategy posted in
1st post of the thread, Nifty levels for tomorrow (Jan Series) are as under:

Resistence at 2960
Support at 2900

If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot
then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend check strategy posted in 1st post of this thread.

Nifty seems bearish again after a short bull rally. Which is quite common in bearish market. If support of 2900 is broken in intraday then, Nifty might see fresh buildup of shorts.

Regards

 

[ghosh_ak34]

Dear Friends,

If you are Nifty option writer then, you can write :

Jan 3200 call yesterday closed at 104.5 (R1 + 200)
Jan 2600 put yesterday closed at 80.2 (S1 - 200)

Profit potential till Jan expiry could be infinity
Loss potential till Jan expiry could be Rs 2600 per lot

Lower Break even at 2415.30
Upper Break even at 3384.70

I have used optionsoracle to calculate above.

Regards

Dear All,

Those of you who has written options are per above reco. might have seen net profit of Rs 3500/3600 (aprox) per lot as per yesterday's closing.

Jan 3200 call yesterday closed at 56.3 (Profit of 48.2*50=Rs 2410 per lot)
Jan 2600 put yesterday closed at 51.95 (Profit of 28.25*50=Rs 1412.5 per lot)

So, total profit per lot till date = Rs 3822.5 per lot w/o brok.

Regards

 

[Knil]

What are the pre-conditions (like Substantial Deposits with the Broker) for WRITING options?

 

[sumitro]

Ghosh Sir can u plz explain how I'll calculate i.e as to day on 10.30 Nifty price was

2966.00 but open was 2973.40 so how the calculation will be done?

 

[justahumane]

I have a querry regarding options. If I want to short sell call inspite of buying put or short sell put inspite of buying call, can this be possible? If yes than when I would be supposed to square up the positions?

Thanks.

 

[praveen taneja]

Ghosh Sir can u plz explain how I'll calculate i.e as to day on 10.30 Nifty price was

2966.00 but open was 2973.40 so how the calculation will be done?

Bro sorry for telling instead of ghosh sir but ur ans is this
2973.40
-2966.00
..............
7.40
..............
which is less then 20 so u can trade according to the instructions on First page
Hope it can satisfy u If more wait for Ghosh sirs reply

 

[praveen taneja]

I have a querry regarding options. If I want to short sell call inspite of buying put or short sell put inspite of buying call, can this be possible? If yes than when I would be supposed to square up the positions?

Thanks.

Yes u can do that but that need lots of funds n courage
As there is unlimited risk in that and one must b of full confidence on his trade before going for put call writing
Read on the First page instructions for call put writingsGod bless u

 

[ghosh_ak34]

Ghosh Sir can u plz explain how I'll calculate i.e as to day on 10.30 Nifty price was

2966.00 but open was 2973.40 so how the calculation will be done?

Dear Sumitro,

Please re-read the 1st thread again and again to understand the strategy. Price at 10:00 AM is taken as opening price and calculations are done as stated by Praveen. Thanks Praven!

Regards

 

[MARUTIMANE]

Dear Ghosh sir,

I have little confussion regarding opening price of 10 am. should I take open price of 10 am or close price of 10 am for calculation purpose. Again at 10.30
should I take open price of 10.30 or close price of 10.30. Please explain.

Maruti Mane

 

[ghosh_ak34]

Dear Ghosh sir,

I have little confussion regarding opening price of 10 am. should I take open price of 10 am or close price of 10 am for calculation purpose. Again at 10.30
should I take open price of 10.30 or close price of 10.30. Please explain.

Maruti Mane

Dear Maruti Mane,

I only know of last traded price, sorry have not heard of intraday open price at 10:00 and close price at 10:00 AM etc.

I hope we are not trying to make things look complicated and confusing.

Regards