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Dont agree with a lot of the "experts" here

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  #11  
Old 9th August 2007, 10:29 AM
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Default Re: Dont agree with a lot of the "experts" here

Quote:
Originally Posted by srikanth_kandalam View Post
Swagat

Liquidity is important- no doubt, but that is to ensure your get a decent price and fast fills on orders.

Another issue I am not really sure is how they margin positions- for example if I sold a strangle- will they be asking me to put down margins both for the PUT and CALL side? that makes a big difference when calcualting risk VS Reward. Let me know

If you do not trade at a risk /reward of 1 to 2 atleast- it just is loaded against you.
yes if im nt wrong on both u have to provide margin.
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  #12  
Old 9th August 2007, 10:33 AM
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Default Re: Dont agree with a lot of the "experts" here

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Originally Posted by swagat86 View Post
Options Trading: The Hidden Reality ("Options: Perception and Deception" & "Coulda Woulda Shoulda"

isnt this the one??

Thanks for ur info
http://www.************/file/20636922...2006_.html?s=1
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  #13  
Old 9th August 2007, 10:43 AM
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Default Re: Dont agree with a lot of the "experts" here

Swagat

That is THE Book- especially interesting is the way he explains the equivalent positions- for example a nake put is nothing but a covered call- yet a lot of people will not sell puts but will happily trade covered calls!

It is NOT that easy of a read- and if you can stick to that you can basically ignore all the other books.

His website is riskdoctor.com ( I think!), he has a new book out and I will try and get a copy sometime soon!
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  #14  
Old 9th August 2007, 10:53 AM
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Default Re: Dont agree with a lot of the "experts" here

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Originally Posted by swagat86 View Post
yes if im nt wrong on both u have to provide margin.
Atleast here we dont margin both sides- as it is an oxymoron. Think about this you are selling a OTM call and an OTM PUt- whatever happens the stock will either end far in the money on only one side- so the correct or sensible way to ask for margin is to protect the broker on whichever side of the trade is more risky- not sure if make sense to you
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  #15  
Old 9th August 2007, 10:56 AM
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Default Re: Dont agree with a lot of the "experts" here

i did download the Options Oracle software- frankly I am sceptical of shareware- interface looks good- but for data they are referring you back to ***** Finance- and I dont think ***** India gives out info on option chains.

If anybody knows a reliable data source for options in India- I will really appreciate some pointers!
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  #16  
Old 9th August 2007, 12:07 PM
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Default Re: Dont agree with a lot of the "experts" here

hi srikanth,

OO gets data from NSE servers not *****.


thanks
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