Option Buy Recomendations

[ghosh_ak34]

i have RIL 2220CA@ 41 .........

ur suggestion please ............

Keep an hold with SL=37 for target 62-70.

Regards

 

[Mangafreakz]

A query ghosh_ak34. If at 10:30 a.m. , Nifty is in a downtrend , we will check "Price at 10:30 AM - Opening price" or the opposite ?
Thank you.

 

[chaitanyagoa]

Dear Turjobhatto,

I think you make an exit as Nifty will consolidate a bit before it starts an upmove. And by the time it starts an upmove call premiums will decrease.

Better to write 5100 straddle of Oct. to take advantage of time decay and consolidation mood. So, will reco. a write of 5100 Nifty straddle of Oct. Series

Write Nifty Oct 5100 Call CMP = 99.05
Write Nifty Oct 5100 Put CMP = 84

SL = Rs 2000/- Target = Rs 6000/-

Regards

Hello Mr. Ghosh,

I wanted to know why did u make these recommendation??.... I Want to know the reasons Purely from the point of learning..... Some detailed explanation will help us a lot....

Thanks

 

[ghosh_ak34]

A query ghosh_ak34. If at 10:30 a.m. , Nifty is in a downtrend , we will check "Price at 10:30 AM - Opening price" or the opposite ?
Thank you.

Dear Mangafreak,

Its better to say "Price at 10:30 AM - Price at 10:00 AM" >20 buy call at S1 and if "Price at 10:30 AM - Price at 10:00 AM" <20 buy put at R1.

Regards

 

[ghosh_ak34]

Hello Mr. Ghosh,

I wanted to know why did u make these recommendation??.... I Want to know the reasons Purely from the point of learning..... Some detailed explanation will help us a lot....

Thanks

Dear chaitanyagoa,

If you see the options data for Nifty for Oct series. (nseindia -Option Chain ), the volume of Put Vs Call is nearly the same suggesting lack of conviction eitherway.

Apart from this we see 5150 levels as major resistence zone for Nifty and 4900 Nifty levels acting as major support zone. So, upside movement seems capped untll a strong force comes in. In Oct. series we are left with lesser no. of days so time decay is also in our favour.

Hope above will help.

Regards

 

[mamol]

Hello All,
I am very new to options, if there is any link or book with will give me some background abt options like what is options,strike,put,call

Thanks in advance for your reply.
mamol-

 

[sprintravi75]

dear sir,

thanks u so much for the valuable information. thanks once again.

regards

 

[abigbull]

Dear chaitanyagoa,

If you see the options data for Nifty for Oct series. (nseindia -Option Chain ), the volume of Put Vs Call is nearly the same suggesting lack of conviction eitherway.

So Ghosh Sir , Do u recommend that we go to nse site and check the Put Call ratio before making a trade . Also what should we do if there are more number of puts or say more number of calls . ?

thanks in advance for ur comments

 

[ghosh_ak34]

Dear chaitanyagoa,

If you see the options data for Nifty for Oct series. (nseindia -Option Chain ), the volume of Put Vs Call is nearly the same suggesting lack of conviction eitherway.

So Ghosh Sir , Do u recommend that we go to nse site and check the Put Call ratio before making a trade . Also what should we do if there are more number of puts or say more number of calls . ?

thanks in advance for ur comments

Dear Abigbull,

Yes, before taking any option trade a serious option trader should watch options data in nseindia and analyze it.

Analyze the order - sell/buy data will help in understanding the reason for rise in put / call volume for a particular strike price.

Apart from above technical analysis based on charts, global clues, sentiments, news, etc. also needs to be done.

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 5155
Support at 5082

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