Option Buy Recomendations

Status
Not open for further replies.

ghosh_ak34

Well-Known Member
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 are as under:

Resistence at 3130
Support at 2976

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 strategy posted in 1st post of this thread.

Regards
 

ghosh_ak34

Well-Known Member
Dear Ghosh sir,
U have mentioned to buy lot in at the money or near the money call. But sir which strike is to be considered for near the money call. sir it would be lookin a silly question but for a new member it is a very imp question. so sir plz advice.
Thanks ,
Raj
Dear Raj,

Buy near money call or at money call depending on which one is closed to the of future price that you are long. Example if you short Nifty future at 2955 then, you can buy a near money call of Nifty strike price 2900 to hedge the same.

Regards
 

aimer

Well-Known Member
Thanks Ghosh Sir for clearing my doubt.
But what about stocks in the cash makt. Suppose if you see that ntpc will give a breakout abv 160(just an imaginary figure)then what should be the strike price to buy a call.I am not clear with this.Please clear this doubt of mine.
Thanks in advance,
Raj.
 
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 are as under:

Resistence at 3060
Support at 2965

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 strategy posted in 1st post of this thread.

Regards
Hello Ghoshji
Here in the analysis for Wednesday 1st April we came out with Resistence at 3060 &
Support at 2965 and on Wed 3.15 pm i shorted the nifty and next day Thrusday the nifty is up 120 pts .how to tackle this situation ......... ( I am very new to Options )
 
Hello Ghoshji
Here in the analysis for Wednesday 1st April we came out with Resistence at 3060 &
Support at 2965 and on Wed 3.15 pm i shorted the nifty and next day Thrusday the nifty is up 120 pts .how to tackle this situation ......... ( I am very new to Options )
3060 is resiatnce for April 1st .Not for today .For the whole week R1= 3200 and S1= 2900 . If you are carrying postions , use the weekly support and resistance , not the daily ones .

You did a trade in the last minutes of the day ? Did you hedged it or just a naked Short ?

Naresh
 

ghosh_ak34

Well-Known Member
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 Monday are as under:

Resistence at 3273
Support at 3154

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 strategy posted in 1st post of this thread.

Regards
 
I wish to clear my doubts with your rich opinion. That I am holding one CALL Option 3100-CE-April. The current Premium value is Rs.194 and the Index has been closed on 02-Apr at 3211.05. My Question is - how long I should hold the Option if say Nifty hits the 3350 on 05-Apr or even crosses 3350 to reach the unknown level - before 30-04-2009 ?? Is there any possibility the Contract may become illequid and I would have no choice but to Sale immediately to avoid the situation ?? Pl. suggest.:(
 
I wish to clear my doubts with your rich opinion. That I am holding one CALL Option 3100-CE-April. The current Premium value is Rs.194 and the Index has been closed on 02-Apr at 3211.05. My Question is - how long I should hold the Option if say Nifty hits the 3350 on 05-Apr or even crosses 3350 to reach the unknown level - before 30-04-2009 ?? Is there any possibility the Contract may become illequid and I would have no choice but to Sale immediately to avoid the situation ?? Pl. suggest.:(
Its quite true and more it will come near expiry time decay will eat all ur premium and aaaa good fall will eat ur profit so it is always good to book ur profit before weekend or holiday:)
Best of luck
 
Status
Not open for further replies.