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| Discuss JP 170 PA any views ? at the Options within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi all, I have bought JP 170 PA at 9.5. Could anybody suggest me whether ... |
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#1
10th August 2008, 11:37 PM
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JP 170 PA any views ?
Hi all,
I have bought JP 170 PA at 9.5. Could anybody suggest me whether I hold it or not ? 
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#2
11th August 2008, 12:38 PM
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Re: JP 170 PA any views ?
Quote:
1) Every day due to time decay 2) It will become more Out-of-the-money (OTM) as JP goes up 3) As it goes OTM, there will be less liquidity in option so you might find difficult to sell your option For your option to give you profit, JP has to drop to 160 level by end of month. Consider above factors and take your own decision. You will gain more confidence by that rather then depending on somebody else's suggestion (as they have no interest whether you loose or make money). Happy Trading
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#3
11th August 2008, 09:20 PM
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Re: JP 170 PA any views ?
Quote:
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#4
11th August 2008, 09:40 PM
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Re: JP 170 PA any views ?
Quote:
Stock is in uptrend!!! Book losses!!
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