Option Buy Recomendations

[magnanimous]

Dear Madhav,

I am doing fine. Thanks!

Its good news for equity share holders but not a good news for future traders so would suggest an exit from this counter.

Regards

Hi Mr. Ghosh,

It was a really good piece of advice, thanks a million.....

Madhav

 

[a_s_nandakumar]

Mr Ghosh
For next week
S1 - 4896
R1-5028. R1-S1 =132.So I Have to deploy sideways strategy.But the closing is 5083.So around 10.30 am if it is 20 pts down or up,I have to buy Puts at R1 or Calls at S1 as the case may be.But I dont think nifty will be able to touch either 4896 or 5028 as it is quite far away from previous day closing.So I wont be able to trade the entire week if Nifty does not touch either R1 or S1.I do not know whether my interpretation is correct.I am only trying paper trade.Or I feel there is a flaw in the theory.I am sorry I don't mean to be offensive.Just my interpretations.Sorry if I sound repetitive .

With regards

Nandakumar

 

[ghosh_ak34]

Mr Ghosh
For next week
S1 - 4896
R1-5028. R1-S1 =132.So I Have to deploy sideways strategy.But the closing is 5083.So around 10.30 am if it is 20 pts down or up,I have to buy Puts at R1 or Calls at S1 as the case may be.But I dont think nifty will be able to touch either 4896 or 5028 as it is quite far away from previous day closing.So I wont be able to trade the entire week if Nifty does not touch either R1 or S1.I do not know whether my interpretation is correct.I am only trying paper trade.Or I feel there is a flaw in the theory.I am sorry I don't mean to be offensive.Just my interpretations.Sorry if I sound repetitive .

With regards

Nandakumar

Dear Nandkumar,

It seems you need to understand options first. Please refer to 888options dot com or traderji to understand options.

R1 and S1 are Nifty option strike prices.

Regards

 

[a_s_nandakumar]

Dear Nandkumar,

It seems you need to understand options first. Please refer to 888options dot com or traderji to understand options.

R1 and S1 are Nifty option strike prices.

Regards

Thank u for ur prompt reply.I have been reading literature and trading in options for the last three years.I do know some basics about options.May be my understanding of the first post has been not correct.I will try to go thru the post again.

Regards

 

[a_s_nandakumar]

Mr Ghosh

Probably had u mentioned that u should buy Calls at strike price nearer to S1 or puts at strike price nearer to R1 as the case may be,it would have been more explicit.Probably that was the confusion.Hope I am correct now

Regards

 

[terminator_123]

Dear Madhav,

I am doing fine. Thanks!

Its good news for equity share holders but not a good news for future traders so would suggest an exit from this counter.

Regards

Hi Ghosh,

I'm curious why some thing that is good for equity holders isn't so good for future lot holders. In both cases if the price of the scrip increases in anticipation, won't it be good for long future positions ?

Thanks,
Pavan

 

[aditya14]

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 5100
Support at 5032

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

Classic example of how technicals sometime fail people.The levels given here may be sound on technical terms but as we have seen global cues these levels will be violated on mondy.This is why trading in options is such a tricky game.One can never be quite certain,so guys don`t take these levels given here as a laid in stone thing.Rather take these numbers and adjust according to your scenarios.

Bears will have a party on Monday.

 

[ghosh_ak34]

Mr Ghosh

Probably had u mentioned that u should buy Calls at strike price nearer to S1 or puts at strike price nearer to R1 as the case may be,it would have been more explicit.Probably that was the confusion.Hope I am correct now

Regards

Its mentioned to buy calls at S1 and puts at R1. S1 = 4900 and R1 = 5000 for the current week. So, one can buy 4900 calls and 5000 puts as per the trend.

I will update the 1st post accordingly. Thanks for your inputs.

Regards

 

[ghosh_ak34]

Classic example of how technicals sometime fail people.The levels given here may be sound on technical terms but as we have seen global cues these levels will be violated on mondy.This is why trading in options is such a tricky game.One can never be quite certain,so guys don`t take these levels given here as a laid in stone thing.Rather take these numbers and adjust according to your scenarios.

Bears will have a party on Monday.

These are Nifty Future resistence and support levels. In bearish market anyway this support will be broken and in bullish Resistence will be broken.

Regards

 

[ghosh_ak34]

Hi Ghosh,

I'm curious why some thing that is good for equity holders isn't so good for future lot holders. In both cases if the price of the scrip increases in anticipation, won't it be good for long future positions ?

Thanks,
Pavan

Hi Pavan,

Grasim will demerge and so shareholders will get shares of another copmpany Samurudhi, etc. So, share holders get benefit. But in turn Grasim will loose the same no. of shares so underlying will drop and so future.

Regards