Option Buy Recomendations

[smarttradezone]

can ne one suggest a good website which gives good tips for options.pls help me out in this.

 

[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 are as under:

Resistence at 4730
Support at 4655

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

 

[aditya14]

Tomorrow markets may move up so i guess buying ITM calls wud be a good bet.And 'when' 4730 is taken out we may look to higher levels.I`ll take a position on monday as its always a gamble when you are overly eager to get in.

For example August was one of my best months returnwise and i traded very little.Guess iam getting the hang of this.

Best strategy i can think of is write 5000Call and buy 4700Call.

 

[aditya14]

Tomorrow markets may move up so i guess buying ITM calls wud be a good bet.And 'when' 4730 is taken out we may look to higher levels.I`ll take a position on monday as its always a gamble when you are overly eager to get in.

For example August was one of my best months returnwise and i traded very little.Guess iam getting the hang of this.

Best strategy i can think of is write 5000Call and buy 4700Call.

 

[ghosh_ak34]

Tomorrow markets may move up so i guess buying ITM calls wud be a good bet.And 'when' 4730 is taken out we may look to higher levels.I`ll take a position on monday as its always a gamble when you are overly eager to get in.

For example August was one of my best months returnwise and i traded very little.Guess iam getting the hang of this.

Best strategy i can think of is write 5000Call and buy 4700Call.

Dear aditya14,

Premium of 4700 call is 174.1 and that of 5000 call is 58. So, if one is wanting to go for this bullish spread then, buy 1 call at 4700 call and write 3 lots of 5000 call atleast.

Regards

 

[padhugvn]

hi ghosh ji,

any stratergy like option writer / any for september series?

expecting...

 

[aditya14]

Dear aditya14,

Premium of 4700 call is 174.1 and that of 5000 call is 58. So, if one is wanting to go for this bullish spread then, buy 1 call at 4700 call and write 3 lots of 5000 call atleast.

Regards

Wish i could do that but margin requirements are too high and iam little short of cash.

 

[ghosh_ak34]

Dear aditya14/abigbull,

Yes, one should be fearful when world is getting greedy.

Lets watch the Nifty direction for a while before initiating any bearish/bullish view. This is the time for writting a straddle i.e. Write Nifty Sept 4700 call and 4700 put with total SL = Rs 2000/- with a Target = Rs 7000/-

Regards

Dear Friends,

P/L for those of you who are holding the 4700 straddle :

Written 1 lot 4700 Call at 167.95 (CMP = 141.65 P/L= Rs 1747.5/-)
Written 1 lot 4700 Put at 176.6 (CMP = 180.2 P/L= Rs -612.5/-)

Total P/L = Rs 1135/- per lot.

Hold with total SL = Rs 2000/- and Target = Rs 7000 (atleast) per lot.

Regards

 

[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 are as under:

Resistence at 4800
Support at 4663

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

 

[gdaggarwal]

dear mr. ghosh
according to your strategy on page 1 of this thread previos week high is 4743
low 4537 closing 4732 so support s1=4598 and r1=4800
and kindly tell me when u r teeling short one lot or long 1 lot means short or long one lot of nifty future and to hedge buy 1 call/put at the money.