PUT and CALL options

[user292]

columbus sir please help

columbus sir please help me i want to trade in nifty options i want to learn nifty options trading sir please tell me what is call options and put options what is strike price, lot size, expiry of options, square off options etc with example. do i need lacks of rupees to trade in nifty.i have just 20000 rupees to trade. i am using icicidirect as broker. please don't tell me to just google i am frustrated now.now i am hopless just have some faith on trderji members like you

 

[columbus]

August.28 AUGUST-Series Day.22 NIFTY=5285 (-2)

The EXPIRY zone has further condensed to (5200~5300)
from (5200~5400) with a DAY to Expiry.


Total strikes in CALL window: 3+10(penny) [Previous=3+9(penny)]
Total strikes in PUT window : 7+4(penny) [Previous=7+3(penny)]




Current position is indicated.

 

[columbus]

Re: columbus please help

columbus please help me i want to trade in nifty options i want to learn nifty options trading please tell me what is call options and put options what is strike price, lot size, expiry of options, square off options etc with example. do i need lacks of rupees to trade in nifty.i have just 20000 rupees to trade. i am using icicidirect as broker. please don't tell me to just google i am frustrated now.now i am hopless just have some faith on trderji members like you

Hi user292,

Please drop SIR next time onwards since we all are friends here ,trying
to sharpen our knowledge from others.

I read somewhere here, that ,icicidirect is a costly broker.So please change
your broker. Better shift to a broker like ZERODHA.Zerodha charges for TRADE
but not for Quantity.That means brokerage for 10 shares of RELIANCE is same as 20 shares of Reliance. (in one trade).Other brokers charges TWICE.

Nifty closed at 5285.The strike is said to be 5200.
Strikes above it ,5300,5400,5500......are called CALLS
Strike below it 5100,5000,4900........are called PUTS.
Unlike Equities ,Derivatives has life of 1 month,2 months and 3 months.(MAX)
Last Thrusday of every month is EXPIRY.

You do not google to get info about OPTIONS,in traderji itself we have OPTION section.
You can start a THREAD there ,our friends will be there to always
help you.

 

[trdstudent]

Re: columbus please help

Hi user292,

....Nifty closed at 5285.The strike is said to be 5200.
Strikes above it ,5300,5400,5500......are called CALLSStrike below it 5100,5000,4900........are called PUTS. ..........

Columbus just one crrction : all strikes have calls and puts both ...it just that some are in the money , some out of the money, one is at the money. Exmpl : 5200 calls are now at the money and all calls below that strike are in the money. calls from 5300 are out of the money .Same is true for puts also where 5300 puts are at the money.Hope u don't mind .Anyway... a gr8 month .Hope most of the trdrs enjoy the ride

 

[columbus]

Re: columbus please help

Columbus just one crrction : all strikes have calls and puts both ...it just that some are in the money , some out of the money, one is at the money. Exmpl : 5200 calls are now at the money and all calls below that strike are in the money. calls from 5300 are out of the money .Same is true for puts also where 5300 puts are at the money.Hope u don't mind .Anyway... a gr8 month .Hope most of the trdrs enjoy the ride

Hi Trdstudent,

I do not mind at all and need not be so.When I started trading in OPTIONS,
couple of years ago,I was as ignorant as my friend ASCENDP1.Without
introducing new terms like OTM-ATM-ITM ,I was trying to help in simple
words.You are exactly correct.In fact ,I advised him ,to start a new thread
so that these can be addressed in simple terms.

 

[sanjeev258380]

in sept option pair might change...from 100-100 to 50-50...
like.. strikes from sept is 5100...5150...5200...5250

 

[healthraj]

in sept option pair might change...from 100-100 to 50-50...
like.. strikes from sept is 5100...5150...5200...5250

One advantage of this would be that it would reduce the Volatility. So I am eagerly waiting to see the 50 strike in Options.

But the disadvantage would be that some of the strikes would be ignored as it happens in the Stocks and in Banknifty and so we might not get the real picture. We have to wait and see

 

[columbus]

August.29 AUGUST-Series Day.23 (END) NIFTY=5409 (124)

NIFTY ENDED AT 5409.

SEPT options at a glance.

 

[columbus]

August.30 SEPT-Series Day.1 NIFTY=5471 (62)

New set of series XX50 are introduced in NIFTY.

The liquidity in them is poor.This may be due to 2 reasons.
1.Total interest is same as Today's interest since we are on DAY.1.Generally
xx50 interests less in keeping with general trend.
2. People are not aware of this development , and in future good liquidity can
be expected ,hopefully.

Banknifty and Nifty indices, have a ratio of 2:1 roughly.Certainly banknifty
should have a strike TWICE that of nifty.50 for Nifty and 100 for Banknifty
is good ,but the timing is WRONG.For example,Banknifty lost more than 500
points on 4 occasions in last 2 months.Hence 100 for nifty ,200 for Banknifty
as strike values is good.

Since Liquidity in xx50 is poor ,these strikes are deleted from above data.

The EXPIRY zone is at (5100~5500)


Total strikes in CALL window: 9+1(penny)
Total strikes in PUT window : 10+2(penny)

 

[adg123]

Re: columbus sir please help

Hi user292, There are many more to learn in Option Trading. By the way, as a new comer you can follow this thread as well as 'Option trading by Raj' thread (by Healthraj) regularly for atleast one month...! Avoid ICICI, Its ROBBER, go to ZERODHA. (I am also a new commer and now a days learning a lot by seniors in T.J., they are very knowledgeable and helpful...). Thanks to all and good luck...