Option Buy Recomendations

ghosh_ak34 · #**121** 28th December 2007, 07:38 PM

Quote:

Originally Posted by aksinghv

What are the sell recommendations?

Dear Freind,

Target is 40% -50% or above your buy price. We must protect our money first therefore I came with SL first. For all my calls as said earlier target 40-50% by default unless stated.

Regards
Amit.

ghosh_ak34 · #**122** 28th December 2007, 07:43 PM

Quote:

Originally Posted by optionstrader

Dear Ghosh Sir,

Thank you so much for your calls.
Sir, since i thought that the market would crash today, i waited for a decent
buy price to come.
Sir, can i purchase the calls on monday ?
Sir, is reliance is in the ban period, as i could not purchase it today?

I want to thank you again for helping withyour great calls. Keep up the good work.

WISHING YOU AND YOUR FAMILY A VERY HAPPY NEW YEAR.
MAY THE ALL MIGHTY GOD FULLFILL ALL YOUR WISHES.

Thanks & Regards,
optionstrader

Dear Optiontrader,

Thanks for all your wishes. I too wish you all a very happy and profitable future ahead. You can purchase these calls on Monday as well.

Regards

ghosh_ak34 · #**123** 28th December 2007, 08:00 PM

Quote:

Originally Posted by niksan

Exchange wasn't accepting new orders for RIL.
Only sq. off orders were allowed.

Unfortunatly RIL was the only call I could afford with the margin I have

Any calls @ NIFTY?

Dear Friend,

Let nifty settle down first and show some trend then, we can go for nity options.

Regards

optionstrader · #**124** 31st December 2007, 10:47 AM

Dear Ghosh Sir,

Sir, i need you expert advice on this....
Sir, one of my friends told me that ..if we take a live example..you give a call for ex.. chambal fertilizers at 100 @ 6 Rs. Call....then i can also sell just above call for ex... CF 105 or 110 @ 3 Rs. call....he said...this way i can limit the loss...rather than for the call to 0....that happened in chambal fertilizers.
Sir, is it so...by this way , can we reduce our losses.
But sir, how to decide ...that when should we sell the call....when the call is goint down....or when 2 weeks have passed and we think that the call would not move much...or would not meet the target.

Sir, i am totally confused, and i need your advice on this....kindly take a recent call that you gave for example....rpl or any one you like...

Awaiting your quickest response,

Thanks & Regards,
optionstrader

nagendra_gb · #**125** 31st December 2007, 01:39 PM

Hi All,

Any one here can able to tell future prospects of NALCO. I have 500 call option at 10 rs. Wht to do hold or sell ?

Thanks,
Nagendra

ghosh_ak34 · #**126** 31st December 2007, 06:29 PM

Quote:

Originally Posted by optionstrader

Dear Ghosh Sir,

Sir, i need you expert advice on this....
Sir, one of my friends told me that ..if we take a live example..you give a call for ex.. chambal fertilizers at 100 @ 6 Rs. Call....then i can also sell just above call for ex... CF 105 or 110 @ 3 Rs. call....he said...this way i can limit the loss...rather than for the call to 0....that happened in chambal fertilizers.
Sir, is it so...by this way , can we reduce our losses.
But sir, how to decide ...that when should we sell the call....when the call is goint down....or when 2 weeks have passed and we think that the call would not move much...or would not meet the target.

Sir, i am totally confused, and i need your advice on this....kindly take a recent call that you gave for example....rpl or any one you like...

Awaiting your quickest response,

Thanks & Regards,
optionstrader

Dear Optionstrader,

What you are talking about is writting a call when one expects the stock to go down. I personally do not like writting a call because it eats money as margin. I think, if you are having loss then, you exit that and look for some other one. Maintain strick stop loss. I will never reco. writting a call because of above reason.

Writing a call and buying a call is done to hedge your postions. But below I will just talk about when I will write a call.
In my view, normally call is written when underlying volume is decreasing, underlying is not showing any significant movement up near your strike price and expiry is approaching i.e. after middle of the month. Example you took Chambal Fert. at 100 strike price @6 and the underlying is at 90. But all of a sudden volume goes down from 1000k to 700k for e.g. and Chamble Fert underlying remains around 90 or below 100 near middle of the month, underlying is trading below 50 days moving average or approaching it then one can think to write a call. but its always risky. Hope above helps.

To learn more on strategies on options visit www.888options.com

Regards

ghosh_ak34 · #**127** 31st December 2007, 06:41 PM

Quote:

Originally Posted by nagendra_gb

Hi All,

Any one here can able to tell future prospects of NALCO. I have 500 call option at 10 rs. Wht to do hold or sell ?

Thanks,
Nagendra

Dear Nagendra,

NALCO doesn't look so bad, its currently going through small profit booking. Keep a tight stop loss and if underlying goes below 475 then exit. However, it has got support at 450. But do not wait till this.

Regards

nagendra_gb · #**128** 31st December 2007, 06:49 PM

Thanks for your suggestion Mr.Ghosh.

optionstrader · #**129** 31st December 2007, 06:56 PM

Dear Ghosh Sir,

Thank you so much for your prompt reply.
You are a great help for me.

Thanks & Regards,
optionstrader

prashant.patil12 · #**130** 1st January 2008, 02:24 PM

Dear all,

I hold
Reliance CA 3000 at 84 Rs. 150 Quantity
Nifty Put 5500 at 29 Rs 300 Quantity

What should be the target for these options?
When should i sqr off my position?
I have 30% SL capacity.
Can somebody help me regarding this??