Option Buy Recomendations

anjubhatia · #**261** 3rd April 2008, 11:38 PM

ghosh sir,
having ril put 2310 at 62, cmp 51, wat i can expect?/

optionstrader · #**262** 4th April 2008, 09:40 AM

Dear Ghosh Sir,

I am unable to find the Nifty Strategy, that you were talking about.
Sir, could you please tell me the exact thread, where you have posted the Nifty Strategy ?

Awaiting your quickest response,

Thanks & Regards,
Optionstrader

ghosh_ak34 · #**263** 4th April 2008, 06:04 PM

Quote:

Originally Posted by optionstrader

Dear Ghosh Sir,

I am unable to find the Nifty Strategy, that you were talking about.
Sir, could you please tell me the exact thread, where you have posted the Nifty Strategy ?

Awaiting your quickest response,

Thanks & Regards,
Optionstrader

Dear Friend,

Its in thread no. 17. Here it is for you ?

For options to be successful, the nifty, if you are a nifty trader, should move in a particular direction steadily either up or down. When to buy option is a common question and there could be many answers to this. Normally, what I do I am sharing it here. First find last weeks support (S1)and resistence level (R1). R1 ~ S1 = 300 to 400 points.

P = (Weeks High + Weeks Low + Weeks Close)/3
S1 = 2P - H
R1 = 2P - L

If (R1 - S1) >= 300 then,
Buy call at S1 and put at R1.
else
Do not trade at all.

Keep a target and SL in mind and maintain that strictly. Do not hold call or put after 20th of the month. If you are very sure that S1/R1 will be broken buy put at S1 and call at R1. Hope this helps.

Regards

optionstrader · #**264** 4th April 2008, 10:46 PM

Dear Ghosh Sir,

Thanks again for your prompt reply and support.

Thanks & Regards,
Optionstrader

darkhorizon · #**265** 5th April 2008, 05:09 PM

I have Nifty 5000 call April bought at Rs 82

and Nifty 4500 put April bought at Rs 105

What would be your suggestions on this, Ghosh Sir ?

ghosh_ak34 · #**266** 7th April 2008, 02:11 PM

Quote:

Originally Posted by darkhorizon

I have Nifty 5000 call April bought at Rs 82

and Nifty 4500 put April bought at Rs 105

What would be your suggestions on this, Ghosh Sir ?

Dear Friend,

Today you got a good chance to exit the Nifty call at 5000. So exit. As told earlier buy calls at S1 and puts at R1 do reverse only when you are very sure of your moves.

Regards

splendor · #**267** 12th April 2008, 01:25 AM

Quote:

Originally Posted by ghosh_ak34

Dear Friend,

Its in thread no. 17. Here it is for you ?

For options to be successful, the nifty, if you are a nifty trader, should move in a particular direction steadily either up or down. When to buy option is a common question and there could be many answers to this. Normally, what I do I am sharing it here. First find last weeks support (S1)and resistence level (R1). R1 ~ S1 = 300 to 400 points.

P = (Weeks High + Weeks Low + Weeks Close)/3
S1 = 2P - H
R1 = 2P - L

If (R1 - S1) >= 300 then,
Buy call at S1 and put at R1.
else
Do not trade at all.

Keep a target and SL in mind and maintain that strictly. Do not hold call or put after 20th of the month. If you are very sure that S1/R1 will be broken buy put at S1 and call at R1. Hope this helps.

Regards

Hello,

This is my first post to this wonderful forum. I have one question ( although) this might sound silly). While evaulating weeks highs ( and lows) do we consider the intra-day figures for Nifty.

Thanks in Advance.

Rgds,

Splendor

ghosh_ak34 · #**268** 12th April 2008, 08:59 PM

Quote:

Originally Posted by splendor

Hello,

This is my first post to this wonderful forum. I have one question ( although) this might sound silly). While evaulating weeks highs ( and lows) do we consider the intra-day figures for Nifty.

Thanks in Advance.

Rgds,

Splendor

Dear Friend,

Welcome to this forum.
There is no need to consider Nifty interday figures.

Regards

ghosh_ak34 · #**269** 13th April 2008, 10:35 AM

Quote:

Originally Posted by anjubhatia

ghosh sir,
having ril put 2310 at 62, cmp 51, wat i can expect?/

Hi Anju,

Sorry, I missed your thread! Well its too late to comment on RIL Put. i hope you might have exited this by now. Will reco to buy OTM RIL calls.

Regards

nagendra_gb · #**270** 14th April 2008, 04:29 PM

Quote:

Originally Posted by anjubhatia

ghosh sir,
having ril put 2310 at 62, cmp 51, wat i can expect?/

If you still have this , u will earn profit in next two three days