Option Buy Recomendations

[susobhan]

Sir,
I am doing one mistake as example:
Today I sold NF @4856 & buy call@58 (Strick Price 4800) at 12.35 Pm
I waited upto 30% of 58 means 41, stop loss triggered.
Call price came down to Rs.36
That time NF was at 4838, then came down to 4823 then move up to 4863 ,
i booked loss.

Sir please help what u would do in this situation.

Regards
Susobhan

 

[susobhan]

Sir,
I am doing one mistake as example:
Today I sold NF @4856 & buy call@58 (Strick Price 4800) at 12.35 Pm
I waited upto 30% of 58 means 41, stop loss triggered.
Call price came down to Rs.36
That time NF was at 4838, then came down to 4823 then move up to 4863 ,
i booked loss.

Sir please help what u would do in this situation.

Regards
Susobhan

Sir no need to answer this , i got the answer on page no. 159

 

[ghosh_ak34]

Sir,
I am doing one mistake as example:
Today I sold NF @4856 & buy call@58 (Strick Price 4800) at 12.35 Pm
I waited upto 30% of 58 means 41, stop loss triggered.
Call price came down to Rs.36
That time NF was at 4838, then came down to 4823 then move up to 4863 ,
i booked loss.

Sir please help what u would do in this situation.

Regards
Susobhan

Dear Susobhan,

One should exit from both positions simultaneously. So, you could have squared off Nifty when SL of call got triggered.

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 4945
Support at 4812

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 check strategy posted in 1st post of this thread.

Regards

 

[AVINDADA]

Dear Sir,
I have Bought Nifty Calls of 5000, 5100 and 5200 at Rs. 85, 55 and 34. Also holding the Puts of 4700 and 4800 at Rs. 95 and 120. All are for Feb 2010. Currently all are down? How should I trade in near future for these holdings?

AvinDada

 

[ghosh_ak34]

Dear Sir,
I have Bought Nifty Calls of 5000, 5100 and 5200 at Rs. 85, 55 and 34. Also holding the Puts of 4700 and 4800 at Rs. 95 and 120. All are for Feb 2010. Currently all are down? How should I trade in near future for these holdings?

AvinDada

Dear AVINDADA,

A technical bounce is expected as most of the indicators are in oversold zone. But trend is still downwards, at higher level of Nifty shorts buildup could again be seen. It seems Nifty may take some time to show any direction eitherway.

Will reco. you to try an exit from your positions and Buy 4800 calls and hedge it with 5000 puts as per trend check strategy posted in the 1st post of this thread.

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 4972
Support at 4806

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 check strategy posted in 1st post of this thread.

Regards

 

[susobhan]

Sir,
Weekly range details

High-5035.7
Low-4766
Close-4882.05
Pp-4894.58
R1-5023.2
S1-4753.5
R1-S1=270.2

Regards
susobhan

 

[susobhan]

Sir, in sideways market, do i sqr. off our PUT postion at around Support lvl & CALL postion at Resistance lvl given by u

 

[ghosh_ak34]

Sir, in sideways market, do i sqr. off our PUT postion at around Support lvl & CALL postion at Resistance lvl given by u

Dear Susobhan,

In sideways i.e. R1-S1 is outside the range 300 to 400. We square off our position when in profit or when SL = 30% of CMP is hit.

When in profit we hold are position with a suitable trailing SL. It has nothing to do with daily resistance and support.

Regards