Option Buy Recomendations

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Very nice thread ghosh_ak34.
Am new to this , so dont mind if the question seems noobish.
"Buy calls at S1 and puts at R1 as per trend stated in "How to check trend and buy options"." - To buy calls at S1 means , we buy Calls when Nifty is hovering around S1 or we buy Calls of S1 strike price ?
Thank you.
 

ghosh_ak34

Well-Known Member
Very nice thread ghosh_ak34.
Am new to this , so dont mind if the question seems noobish.
"Buy calls at S1 and puts at R1 as per trend stated in "How to check trend and buy options"." - To buy calls at S1 means , we buy Calls when Nifty is hovering around S1 or we buy Calls of S1 strike price ?
Thank you.
What is meant is that one needs to Buy calls of Strike Price S1 and puts of Strike Price R1 as per trend stated in "How to check trend and buy option" in the 1st post of this thread.

S1 and R1 are the Nifty Strike price. Nearest 100th price is choosen as strike price suppose S1 = 4896 so nearest 100 is 4900 so will consider S1=4900 as the strike price. And similarly, if R1 = 5028 so nearest 100 is 5000 so will consider R1 = 5000 as the strike price.

Regards
 
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Thanks ghosh_ak34 , will go through the first few pages to understand it more and let you know if I have any queries. :)
Regards.
 
Experts,

I Have 2 Lots Of BHARTIARTL 370 CA @ 10.9 (Oct Series).. CMP: 9
Comments Or Recommendations Will Be Helpful. Can I Hold It On Till Expiry Or Shall I Exit On Monday?

Thanks
 
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