The god of options has arrived in this thread... Over to Raj, for any queries regarding options....
@ Appaji : please visit Rajs thread on options. You will come to know everything...I have learnt a lot from him...Thanks Raj bhai
Friends,
I second that...Raj bhai is the person for options...
He has tremendous knowledge about this ocean called options!
I was a small fish before joining TJ. I learnt a lot from DanPickup's thread and AW10's (currently not active i guess) thread.
It needs lot of patience and enthu to become an expert...I'm still learning..but I want to become a King one day! like Raj and Dan :thumb:
Another expert is there among us (pakatil) he keeps bit low profile but I learnt few tricks from him too..
From my experience, what usually a novice trader does is looks for holy grail and each and every way to earn maximum returns and on the way he loses the capital....first and foremost thing to keep in mind is money management. Then look for the method which is suitable for you..in my case its difficult to monitor the market during market hours..some times i do not even see the screen for entire day. So I chose Debit spread or Credit spread.(bull call/put spread)
Main criteria for selecting the strike prices are based on direction of the market, IV & OI. If you study these three things properly and able to analyse, you are ready for options market otherwise better to stay away!
This time will not miss INFY guys...let us test our knowledge and luck! :thumb: