Option Buy Recomendations

[ghosh_ak34]

Dear Friends,

For Nifty Future traders who would like to trade as per trend check strategy posted in 1st post of the thread, Nifty levels for tomorrow are as under:

Resistence at 5310
Support at 5219

If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend check strategy posted in 1st post of this thread.

Regards

 

[susobhan]

Sir,

I am trying to update time wise nifty value,

Time----------Price--------Diff----------Trade
09.05 AM------5254.05------0-------------No
09.35 AM------5253.35------(-0.70)-------No
10.00 AM------5254.50------1.15----------No
10.30 AM------5251.80------(-2.70)-------No
12.30 PM------5251.65------(-0.15)-------No
03.00 PM

Regards
susobhan

 

[rrmhatre72]

Hi,

What is monthend Nifty closure expectation?

rr

 

[ghosh_ak34]

Dear Friends,

For Nifty Future traders who would like to trade as per trend check strategy posted in 1st post of the thread, Nifty levels for tomorrow are as under:

Resistence at 5300
Support at 5242

If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend check strategy posted in 1st post of this thread.

Regards

 

[prasham]

Mr. Ghosh: Please checkout the below...

I have read your first post 3-4 times and find it a bit confusing (not your fault, its a problem with my level of understanding )... Hence can I simplify as below:

Calculate the S1 & R1 of the previous week and buy equal number of Calls of S1 & Puts of R1 (As per one's budget).

a) This way its more like a hedged setup or a kind of spread which would ensure lesser losses. Moreover IMO one doesn't need to worry much about the market direction and stuff in this setup.

b) If a market moves in particular direction due to which the value of any one, either call or put increases by atleast 25%, the one that has lost value should be squared off (loss booked) & a nearer call / put should be bought (If you wish to hedge). Moreover one should put trailing stop loss in the call / put whose value has increased.


I understand that the above plan would not be as effective as the one which you have drawn after loads of experience but is it okay to do some trades with the above plan or will it leave losses in my account?

 

[prasham]

On basis of my above calculation I've opened two spreads as below (Paper Trades):

a) Bought Call @ S1 & Put @ R1
Bought CE 5200 & PE 5300

b) Bought Put @ S1 & Call @ R1
Bought PE 5200 & CE 5300

Which of the above two is better and why?

 

[fabrics]

On basis of my above calculation I've opened two spreads as below (Paper Trades):

a) Bought Call @ S1 & Put @ R1
Bought CE 5200 & PE 5300

b) Bought Put @ S1 & Call @ R1
Bought PE 5200 & CE 5300

Which of the above two is better and why?

Plz let me know whichis better & why.Thks

 

[fabrics]

Plz let me know whichis better & why.Thks

I thk buying Puts at R1 & CALLS AT S1 IS BETTER.FRANKLY I DONT KNOW THE REASON BUT IT WAS AS PER AK'S ADVICE

 

[susobhan]

sir
weekly range details

High=5270.00
Low=5101.00
Close=5263.00
Pp=5211.33
R1=5321.67
S1=5152.67

R1~S1=169

Regards
susobhan

 

[susobhan]

Sir,

I am trying to update time wise nifty value,

Time----------Price--------Diff----------Trade
09.05 AM------5213.35------0-------------No
09.35 AM------5222.05------8.70----------No
10.00 AM------5236.95------14.9----------No
10.30 AM------5232.70------(-4.70)-------No
12.30 PM------5236.70------4.00----------No
03.00 PM

Regards
susobhan