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Option Buy Recomendations

Discuss Option Buy Recomendations at the Options within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by GRORICH Dear Ghosh_ak34 sir, Please clarify my doubt sir. As I understand ...


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  #431  
Old 10th July 2008, 12:06 PM
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Default Re: Option Buy Recomendations

Quote:
Originally Posted by GRORICH View Post
Dear Ghosh_ak34 sir,

Please clarify my doubt sir.

As I understand , in the above situation , we could buy Nifty calls when Nifty spot reaches around 3800 to 3850 and buy Nifty puts when Nifty trades between 4150 to 4200 . Am I right sir ? If I am right , we could buy Nifty puts of strike price say 4100 around a price of 150 to 160 today . OK sir ?
Thank you for your expected clarification.
Grorich
Dear Grorich,

Yes, you can try this but would advise to maintain a strict SL=20-30% from your buy price.

Regards
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  #432  
Old 12th July 2008, 12:25 AM
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Default Re: Option Buy Recomendations

Pokrate, I think you have posted the question in multiple threads.
I have replied to your post at other place in the forum. Plz delete the other post..

Happy Trading.
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  #433  
Old 12th July 2008, 02:52 PM
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Default Re: Option Buy Recomendations

Dear Friends,

Nifty R1~S1 > 300. So, its recomended to trade in Nifty options as per my stated strategy earlier. Its bearish, so buy 2 puts at R1 and one call at S1 atleast. You can also buy puts at R1 with SL = 20-30%.

Regards

Last edited by ghosh_ak34; 13th July 2008 at 01:03 PM. Reason: Corrected it....
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  #434  
Old 13th July 2008, 11:33 AM
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Default Re: Option Buy Recomendations

Quote:
Originally Posted by ghosh_ak34 View Post
Dear Friends,

Nifty R1~S1 < 300. So, its not recomended to trade in Nifty options as per my stated strategy earlier.

Regards
Dear Ghosh Sir,

As per my calculation R1~S1=320.

As per the data from
Nifty High = 4216
Nifty Low = 3896
Nifty Closing = 4049

So P = (4216+3896+4049)/3 = 4053

S1 = 2*4053-4216 = 3891
R1 = 2*4053-3896 = 4211

So R1~s1 = 4211-3891 = 320

Please tell me if I am wrong.

Regards,
Priyank
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  #435  
Old 13th July 2008, 12:59 PM
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Default Re: Option Buy Recomendations

Quote:
Originally Posted by nitu20 View Post
Dear Ghosh Sir,

As per my calculation R1~S1=320.

As per the data from
Nifty High = 4216
Nifty Low = 3896
Nifty Closing = 4049

So P = (4216+3896+4049)/3 = 4053

S1 = 2*4053-4216 = 3891
R1 = 2*4053-3896 = 4211

So R1~s1 = 4211-3891 = 320

Please tell me if I am wrong.

Regards,
Priyank
Dear Priyank,

Yes, your calculations are correct. So, we can trade as per my strategy posted earlier.

Regards
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  #436  
Old 13th July 2008, 05:53 PM
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Default Re: Option Buy Recomendations

sir i hav two calls of RIL 2250@ 35/ n two calls of nifty 4400 @ 40/ can somebody tell me wat to do book loss or average it
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  #437  
Old 13th July 2008, 06:41 PM
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Default Re: Option Buy Recomendations

Quote:
Originally Posted by nitu20 View Post
Dear Ghosh Sir,

As per my calculation R1~S1=320.

As per the data from
Nifty High = 4216
Nifty Low = 3896
Nifty Closing = 4049

So P = (4216+3896+4049)/3 = 4053

S1 = 2*4053-4216 = 3891
R1 = 2*4053-3896 = 4211

So R1~s1 = 4211-3891 = 320

Please tell me if I am wrong.

Regards,
Priyank
Dear Mr Priyank ,
I downloaded Bhavcopy data from the following NSE website :
http://www.nseindia.com/content/fo/fo_contractsdata.htm
As per above data High of Nifty for last week comes 4192 on 11 Jul 2008.
But your High for Nifty during last week comes 4216 . Could you please tell me from where do you get this figure and what is the method of extracting the above data .
Thanking you in advance.
Grorich
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  #438  
Old 13th July 2008, 08:36 PM
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Default Re: Option Buy Recomendations

Quote:
Originally Posted by praveen taneja View Post
sir i hav two calls of RIL 2250@ 35/ n two calls of nifty 4400 @ 40/ can somebody tell me wat to do book loss or average it
Dear Praveen,

Reco an exit from RIL and Nifty calls. Do not average in options. Better exit and look for another trade.

Regards
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  #439  
Old 13th July 2008, 08:43 PM
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Default Re: Option Buy Recomendations

Quote:
Originally Posted by GRORICH View Post
Dear Mr Priyank ,
I downloaded Bhavcopy data from the following NSE website :
http://www.nseindia.com/content/fo/fo_contractsdata.htm
As per above data High of Nifty for last week comes 4192 on 11 Jul 2008.
But your High for Nifty during last week comes 4216 . Could you please tell me from where do you get this figure and what is the method of extracting the above data .
Thanking you in advance.
Grorich
Dear Gorich.

I use Nifty spot to calculate the R1/S1. Use icharts.in/charts.html for spot Nifty calculations.

Regards
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  #440  
Old 13th July 2008, 11:33 PM
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Default Re: Option Buy Recomendations

Ghosh Da, Which is best and lowest brokarage house for option trading, my indiabulls charging 2.5% or 100 min. is any other oprtion available
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