Option Buy Recomendations

optionstrader · #**601** 21st August 2008, 07:37 PM

HI Ghosh Sir,

For the past 2 weeks, i have not traded at all, since the strategy
that you have guided, was coming below 300.

Thanks for your guidance about the Stop Loss being 30% from the buying
price, for example. Nifty 4400 Call at Rs.150, the stop loss being
150-30=120,

But Ghosh Sir, i had observed that many a times, the call used to hit Stop Loss,
and bounced back, it is ok if we go 1 side on Nifty, either short or long,
but sir it gets confusing when we hedge the position, and end up losing both
the calls.

Kindly guide, as i am a bit confused.

Ghosh Sir, Kindly also guide for any other Options Strategies,
as buying both Calls & Puts at the same time, do not give much
profits.

Awaiting your guidance & Response,

Thanks & Regards,
Optionstrader

ghosh_ak34 · #**602** 21st August 2008, 08:31 PM

Quote:

Originally Posted by optionstrader

HI Ghosh Sir,

For the past 2 weeks, i have not traded at all, since the strategy
that you have guided, was coming below 300.

Thanks for your guidance about the Stop Loss being 30% from the buying
price, for example. Nifty 4400 Call at Rs.150, the stop loss being
150-30=120,

But Ghosh Sir, i had observed that many a times, the call used to hit Stop Loss,
and bounced back, it is ok if we go 1 side on Nifty, either short or long,
but sir it gets confusing when we hedge the position, and end up losing both
the calls.

Kindly guide, as i am a bit confused.

Ghosh Sir, Kindly also guide for any other Options Strategies,
as buying both Calls & Puts at the same time, do not give much
profits.

Awaiting your guidance & Response,

Thanks & Regards,
Optionstrader

Dear Optiontrader,

SL for 150 price is 105. (30% of 150=45 not 30). I do not advocate to buy both call and puts at the same time. Buy call or put as per trend as per the strategy stated in the 1st post. Please go through the 1st post again and do let me know if you need any clarifications.

Regards

optionstrader · #**603** 21st August 2008, 10:47 PM

HI Ghosh Sir,

Thanks.

Thanks & Regards,
Optionstrader

optionstrader · #**604** 22nd August 2008, 10:53 AM

hi ghosh sir,

kindly guide for RPL 180 or 190 call september.

Awaiting you response,

Thanks & Regards,
optionstrader

lalpar · #**605** 22nd August 2008, 10:55 AM

Hi Ghosh SIr,

I have bough Nifty 4500 CALL at 8 and 4600 call at 61

i have kept a SL of 49 for 500 call and 50 for 4600 Call is that rght?

Regards
Lalith

shanmugamkr · #**606** 22nd August 2008, 03:53 PM

Hi Sir,

I really want to thank you for these good recommendations.

Regards
KRS

ghosh_ak34 · #**607** 22nd August 2008, 07:47 PM

Quote:

Originally Posted by optionstrader

hi ghosh sir,

kindly guide for RPL 180 or 190 call september.

Awaiting you response,

Thanks & Regards,
optionstrader

Dear Optionstrader,

RPL looks bearish. It has got resistence at 165 and it should cross 165 with good volumes before we can take any calls for RPL. Do not go long in RPL. However, you can bet on RPL OTM or 170 puts.

Regards

ghosh_ak34 · #**608** 22nd August 2008, 07:52 PM

Quote:

Originally Posted by lalpar

Hi Ghosh SIr,

I have bough Nifty 4500 CALL at 8 and 4600 call at 61

i have kept a SL of 49 for 500 call and 50 for 4600 Call is that rght?

Regards
Lalith

Dear Lalpar,

I guess you bought Nifty 4500 call at 80. Then, its SL= 56(max). and for 4600 call its 43 (max.) . But would advise you to exit from Aug. option positions as expiry is nearing. Do not trade in current month's options after 20th of the month.

Buy next months options as per strategy stated in 1st post.

Regards

ghosh_ak34 · #**609** 23rd August 2008, 12:17 PM

Dear Friends,

Nifty R1~S1 < 300 so Nifty is expected to be volatile and sideways in the week starting Monday. Trade in next months options with sideways strategy posted in 1st post. R1= 4400 and S1 =4200.

Regards

bandlab2 · #**610** 23rd August 2008, 05:15 PM

planning to sell sept nifty 4500 at 90 and sell put 4200 at 126. any thoughts on this ?

expecting the market to be range bound next 2-3 weeks, then cover both options

The Following 3 Users Say Thank You to ghosh_ak34 For This Useful Post:
obama (22nd August 2008), optionstrader (21st August 2008), Reji (8th September 2008)

The Following User Says Thank You to shanmugamkr For This Useful Post:
ghosh_ak34 (22nd August 2008)

The Following User Says Thank You to ghosh_ak34 For This Useful Post:
optionstrader (24th August 2008)

The Following 2 Users Say Thank You to ghosh_ak34 For This Useful Post:
mitasatyajit (23rd August 2008), senty (24th August 2008)

The Following 3 Users Say Thank You to ghosh_ak34 For This Useful Post:
mitasatyajit (23rd August 2008), praveen taneja (23rd August 2008), senty (24th August 2008)