Put/Call options for intraday

[321Phani123]

buy nifty call 6000 at 80 with targets of 120.....sl when nifty touches 5850 or goes below....

 

[timepass]

buy nifty call 6000 at 80 with targets of 120.....sl when nifty touches 5850 or goes below....

Someone today told me to sell 6000 CE @74 + buy 6200CE @20.. So, is nifty going up or not?

PS : What is this kind of spread called?

 

[manoharpillai]

Covered call strategy. If nifty correct now or near to 6000 say about 200 points you would benefit from 6000call writing. To protect any lose in case of nifty blasting away o 6200 + which is unlikely you have taken a 6200 call.Over all this is a good strategy at present situation.

Someone today told me to sell 6000 CE @74 + buy 6200CE @20.. So, is nifty going up or not?

PS : What is this kind of spread called?

 

[manoharpillai]

5-04-2011 suzlon 55 call @ 0.75 good up to 1.5 stop.0.40

 

[manoharpillai]

Rolta 160 CE @ 4 may hit Rs.6/- in 2days.

 

[321Phani123]

buy cairn india put 340 at 4.00

 

[manoharpillai]

ABABN 700 CALL @ RS.11 HIT TARGET 25

7-04-2011 Powergrid 110 Call option @Rs. 1.10 can go up to 2++

Please note Option trading is very high RISK, Do not average, do not hold it for many days (max. 1 or 2days )keep stop as per spot price. Trade safely

 

[AW10]

Someone today told me to sell 6000 CE @74 + buy 6200CE @20.. So, is nifty going up or not?

PS : What is this kind of spread called?

this strategy is Bearish Credit Spread or to make it more transparent, you can call it Bearish Call Credit spread.

As far as I understand, covered strategies have Stock or future as one of the leg which has delta of 1.

happy trading

 

[msa5678]

this strategy is Bearish Credit Spread or to make it more transparent, you can call it Bearish Call Credit spread.

As far as I understand, covered strategies have Stock or future as one of the leg which has delta of 1.

happy trading

AW10, Nice to see you in this thread,
This is becoming a good place to discuss
Options. Your comments here will make it
a lot more interesting.

 

[manoharpillai]

Nifty April 5700 Put option @ 41 target 54 and 68 stop 27
Ongc 275 Put option @ 1.75 target 2.50 to 3.25 stop 1