Option Buy Recomendations

[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 = 177.3 P/L=Rs -35.00/-)
Written 1 lot 4700 Put at 176.6 (CMP = 82.5 P/L=Rs 4272.50/- )

Total P/L= Rs 4237.5/-

Nifty has closed above 4755 so lets exit this position tomorrow.

Regards

 

[aditya14]

Dear Friends,

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

Written 1 lot 4700 Call at 167.95 (CMP = 177.3 P/L=Rs -35.00/-)
Written 1 lot 4700 Put at 176.6 (CMP = 82.5 P/L=Rs 4272.50/- )

Total P/L= Rs 4237.5/-

Nifty has closed above 4755 so lets exit this position tomorrow.

Regards

Personally i would give it a couple of days.

 

[padhugvn]

hi seniors,

i have this stragery for this series.
pls clarify me whether this will work it out.feedback needed!!!

write 1 sep 5200 call at 17

write 1 sep 4300 put at 20

i assume the nifty will be in this range for this expiry.

 

[tvrssvk]

Hi all Seniors,

Sorry for intrupting the flow...I would like to knw whether trading options is similar to intraday trading....whether we have to sit in front of the system continously till the end of the trading day or whether we can trade option like swing trading a stock. Kindly provide the info.....

 

[ghosh_ak34]

hi seniors,

i have this stragery for this series.
pls clarify me whether this will work it out.feedback needed!!!

write 1 sep 5200 call at 17

write 1 sep 4300 put at 20

i assume the nifty will be in this range for this expiry.

Dear padhugvn,

This seems okay!

Regards

 

[aditya14]

hi seniors,

i have this stragery for this series.
pls clarify me whether this will work it out.feedback needed!!!

write 1 sep 5200 call at 17

write 1 sep 4300 put at 20

i assume the nifty will be in this range for this expiry.

Very low risk this is a winner.But 1 thing here it won`t make you a lotta money but steady money.It`s a very nice strategy.When did you initiate this?

 

[ghosh_ak34]

Hi all Seniors,

Sorry for intrupting the flow...I would like to knw whether trading options is similar to intraday trading....whether we have to sit in front of the system continously till the end of the trading day or whether we can trade option like swing trading a stock. Kindly provide the info.....

Dear tvrssvk,

Trading in options are per 1st thread of this post require oe to sit in front of terminal but writting an option doesn't require a trader to remain hook to trading terminal. One can just keep an eye on the movement of the underlying as per the strategy under which option has been written.

Mainly option writng is positional in nature.

Regards

 

[padhugvn]

Very low risk this is a winner.But 1 thing here it won`t make you a lotta money but steady money.It`s a very nice strategy.When did you initiate this?

hi
some of the seniors in this forum told it wont work it out..
so its up to u decide..

the price i mention is yest close one.

be careful. all the best!!!

 

[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 4854
Support at 4762

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]

hi
some of the seniors in this forum told it wont work it out..
so its up to u decide..

the price i mention is yest close one.

be careful. all the best!!!

You just have to be very patient.And besides you can easily hold this and watch tv or whatever just chill.You will collect full premium no doubt.Just hold till expiry.