Is Nifty 3100 PUT at Rs. 120 a good trade?

[amittrader]

Hi there

Is Nifty 3100 PUT option (1 lot) at Rs. 120 a good trade to do?

I couldn't pick it at a lower price and now it seems to have gone all the way to 165 before falling back to early 100s levels. I think it may rise up again later today so was thinking of buying.

-Amit

 

[bandlab2]

todays close indicated we are strong above 3200. if we close below 3200 then next support is at 3000

even if you buy, you should square quickly with some profit. i would not suggest to buy now

 

[tushar.shiva]

hi,
i am new to option trading.
i have put at 3100 - premium 105
and also call at 3300 - premium 210
what should i do ?
i am trading thru icicidirect, how brokrage is calculated in option trading ?

thanx.....

 

[learn2trade08]

dear tushar brokerage on options are calculated like this:
strike_price*premium*brokerage
3100*105*.05(assuming ur paying .05 since icici is high)= 162.75.
hope this helps.

hi,
i am new to option trading.
i have put at 3100 - premium 105
and also call at 3300 - premium 210
what should i do ?
i am trading thru icicidirect, how brokrage is calculated in option trading ?

thanx.....

 

[tushar.shiva]

162.75 per lot ?
or 162.75*50 rs. .per lot ?

 

[learn2trade08]

per lot.....again assuming brokerage is .05 for me it would be 51.xx rs(.015 brokerage)

162.75 per lot ?
or 162.75*50 rs. .per lot ?

 

[moneyfabric]

Icicidirect is at least good in charging brokerage on options. The flat charge per lot ranges from Rs. 65 to Rs. 95 per lot + taxes.

Total Eligible Premium Value per month Flat brokerage per contract lot (Rs.) Above Rs. 20 lacs 65
Rs. 10 Lacs - Rs. 20 lacs 70
Rs. 5 lacs - Rs. 10 lacs 75
Rs. 2 lacs to Rs. 5 lacs 85
Less than Rs. 2 Lac 95

If you square off on the same day no brokerage on other leg.

 

[kumark]

Hi Amit,

PUT prices will change rapidly eiether side compare to call options...Its better to have a Target...(for this you got to any threads from saint or Uashish where they give the support & resistance values daily)

Plz go to Ghosh's thread "option buy recomendations" he have developed a good system there...

Regards

kumar

Hi there

Is Nifty 3100 PUT option (1 lot) at Rs. 120 a good trade to do?

I couldn't pick it at a lower price and now it seems to have gone all the way to 165 before falling back to early 100s levels. I think it may rise up again later today so was thinking of buying.

-Amit

 

[amittrader]

THanks for the tips. I finally picked up 3100 PUTS at 110 yesterday and ended up selling them at 125, because i didn't feel sure about the fall. It went all the way upto 170 as the Nifty broke 3100!

I will take a look at the links provided and other beginner materials on options trading.

Regards

-Amit

 

[durgalove0]

If in put option u sell at 125 is u make profit or loss?My question is In call option we making profit if preium/currentprice increase?In put price need.to decrease to make profit?Please correct me wrong?