Option Buy Recomendations

ghosh_ak34 · #1 12th November 2007, 07:51 PM

Dear All,

Today I am starting new thread on options buy recomendations.

Stock - Call/Put-Strike Price - *Price - SL -Target
======================================
Nifty - Put - 5600 - 155 - 120 - 300
Idea - Put - 120 - 5.7 - 3.5 - 12
RCOM - Put - 700 - 39 - 28 - 90
SAIL - Put - 240 - 20 - 12 - 50
======================================
*Price is CMP. You can buy around this price. SL is Stop Loss
I am giving out-of-money calls and if these become in-money then you can hold them till expiry. Will suggest lotsize of equal quantity, say one lot.

I do not believe in hedging so suggesting SL.

I will track these on daily basis. Do let me know if these sound interesting to you.

Regards

kvram · #2 12th November 2007, 08:57 PM

dear Ghosh sir excellent thread started by u , very useful new ppl like us. plz do follow it up sir ,thank you.

ghosh_ak34 · #3 12th November 2007, 09:17 PM

Quote:

Originally Posted by kvram

dear Ghosh sir excellent thread started by u , very useful new ppl like us. plz do follow it up sir ,thank you.

Thanks KVRam for your encouragement, I will track these and I hope more people will come and join this thread!

Regards

srigooty · #4 12th November 2007, 09:46 PM

please update ur call at around 9.00am in the morning

ghosh_ak34 · #5 12th November 2007, 09:53 PM

Quote:

Originally Posted by srigooty

please update ur call at around 9.00am in the morning

Dear Friend,

I will upate at 9:00 AM if the need arises.

Regards
Amit.

radzman · #6 12th November 2007, 11:35 PM

good thread...very little options talk otherwise

rkkarnani · #7 13th November 2007, 08:33 AM

Quote:

Originally Posted by ghosh_ak34

Dear All,

Today I am starting new thread on options buy recomendations.

Stock - Call/Put-Strike Price - *Price - SL -Target
======================================
Nifty - Put - 5600 - 155 - 120 - 300
Idea - Put - 120 - 5.7 - 3.5 - 12
RCOM - Put - 700 - 39 - 28 - 90
SAIL - Put - 240 - 20 - 12 - 50
======================================
*Price is CMP. You can buy around this price. SL is Stop Loss
I am giving out-of-money calls and if these become in-money then you can hold them till expiry. Will suggest lotsize of equal quantity, say one lot.

I do not believe in hedging so suggesting SL.

I will track these on daily basis. Do let me know if these sound interesting to you.

Regards

Its good to see a thread on Options recomendations. However please keep in mind that Options other than that of Nifty and a few other scripts are very illliquid, particularly the ones that are out of money.
The CMP mentioned by you seems to be the closing price. The spread in many illiquid options is to big.
One even needs to know the target which you have provided. It will happen on many occassions that the price reaches the target but maybe just a single lot is traded at that price.
Also at times the SL level will be breached by just a small trade or SL may jump the level without giving an opportunity to exit. If however a SL is kept at to exit at MArket rates on trigger of SL the exit may be considearbly lower than the SL level. Any suggestion how to avoid these things.
Regards
R K Karnani

newbee · #8 13th November 2007, 09:24 AM

Hello ghosh_ak34

Don't know much about options other than they are called wasting assets (as the value decays with time). Would be interested in following your recos on nifty options.

A formating tip, i picked up from SawantGarde, the formating of the tables is maintained if you use code tag around the tables in your post. Select the part you want to format and press the # shaped icon.

Code:

Stock - Call/Put - Strike Price - *Price    - SL -  Target
==========================================================
Nifty	- Put	-    5600	 -  155	-    120 -   300 
Idea	- Put	-     120	 -  5.7	-    3.5  -   12 
RCOM	- Put	-     700	 -   39	-    28   -   90
SAIL	- Put 	-     240	 -   20	-    12   -   50
==========================================================

Thanks\nb

earthling · #9 13th November 2007, 09:26 AM

Hello

Can you please advise me what striike price is the best. I am new to options trading. I tend to buy the highest one available (because it is the most reasonable and when the spot price reaches the strike price you make money). Am I wrong? Please help.

vivekj · #10 13th November 2007, 11:19 AM

I need help regaring options.I bought a Nov-150 call of neyveli lignite. Lot size-5900. Nowthe current pice is 205 and i want to exercie the call. So can i exercise it now. And if yes how much money i need to pay more. I am not able to square off as its very illiquid now. i bought the call at Rs15. Please advice.