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Greeks- why they are important?

Discuss Greeks- why they are important? at the Options within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by rahul.sinha Hi Srikanth, This is rahul. I was going thru some of ...


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  #41  
Old 18th November 2007, 06:07 PM
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Default Re: Greeks- why they are important?

Quote:
Originally Posted by rahul.sinha View Post
Hi Srikanth, This is rahul. I was going thru some of the links posts which you have created. was impressed by hte same. I am planning to enter the options trading arena. I had a request . If you are comfortable then can you please give me ur id so that i can get in touch with you if i need to know something about options trading. My mail id is rahulsinha11@***************. It would be great if you could please guide me in the same.
Hi Srikanth
Please add me my ***** Id anilagarwal66
My e-mail id is anilagarwal66@*****.com
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  #42  
Old 18th November 2007, 06:21 PM
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Default Re: Greeks- why they are important?

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Originally Posted by srikanth_kandalam View Post
My assumption was selling a put to buy a stock- not index.

For example if I am interested in reliance for the longer haul- but let us assume I would prefer to get it at 1800 ( current price 1982)- then what I would do is to sell the 1800 Put. If RIL does not dip below 1800- I keep the premium, if it does I get the stock and keep long term ( or can even sell Covered calls). Obviously the choice of strike, IV etc are to be selected carefully. If you are VERY bullish- go ahead sell a ATM put.

This also applies to any stock you are bullish- instead of buying the stock outright- you can sell the puts, and make money- afterall there is a limitations to how many stocks you pursue!
Srikanth.........Seems to be very good strategy. Would like to know more about such strategies. Please let me know where can I learn. I am willing to spen money sor learning. If you dont mind please e-mail me my ***** id anilagarwal66 anilagarwal66@*****.com
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  #43  
Old 24th November 2007, 03:37 PM
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Question Re: Greeks- why they are important?

can anybuddy explain me practicaly this...

if i calculate greek calculation and if it showing below mentioned calculation
volatility is 75.87, Delta is 0.46, gamma is 0.01, theta is -0.34 and vega is 0.28

What does it means.... please help me... i m very confused about this...
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