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 (Oct. Series) are as under:

Resistence at 4882
Support at 4800

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 strategy posted in 1st post of this thread.

Regards

 

[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 (Nov. Series) are as under:

Resistence at 4892
Support at 4805

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 strategy posted in 1st post of this thread.

Regards

 

[ghosh_ak34]

Hi Ghosh,
How does this position look. Do you feel it would need a little hedging ? perhaps replace the nov26CE5100 with nov26CE5000 ?
(Though I feel its a pretty defensive one and comfortable with the margin etc, I have a bad feeling that vix might keep rising in the coming days)
Sold:
6 lots [email protected],
6 lots nov26CE5200@31
1 lot of nov26CE5100@44
with SL=3000

Thanks,
pavan

Dear Pavan,

Your position looks okay to me. Hold on to it with your SL=Rs 3000 or Rs 2000 (my SL).

Regards

 

[abigbull]

Dear msunny31,

Correct position you have taken, keep a hold on to it with a suitable SL. If Nifty drifts below 4760 levels move put write strike price to 4500 strike price.

Regards

Is that a Nifty Buy or a Write positions ?

 

[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 4822
Support at 4732

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 strategy posted in 1st post of this thread.

Regards

 

[ghosh_ak34]

Is that a Nifty Buy or a Write positions ?

Obviously its Nifty write position.

Regards

 

[kumark]

Hi Ghosh,

This is my current position in options

1 Lot Rcom 190 Call @ 11

1 Lot Rcom 190 Put @ 15.75

Shall i allow this to run whole month or Square off within next week Depending on the price movement.

Plz suggest

Regards

Nithin

Obviously its Nifty write position.

Regards

 

[ghosh_ak34]

Hi Ghosh,

This is my current position in options

1 Lot Rcom 190 Call @ 11

1 Lot Rcom 190 Put @ 15.75

Shall i allow this to run whole month or Square off within next week Depending on the price movement.

Plz suggest

Regards

Nithin

Dear Nithin,

Will reco. you to book profit.

Regards

 

[Mangafreakz]

Hello ghosh_ak34. At 10.30-45 , when the difference between the 10AM price and the price at 10.30 was around -20 points , was the correct thing to buy put of R1 strike price according to the strategy?
Thank you.

 

[ghosh_ak34]

Hello ghosh_ak34. At 10.30-45 , when the difference between the 10AM price and the price at 10.30 was around -20 points , was the correct thing to buy put of R1 strike price according to the strategy?
Thank you.

Mangafreakz,

What is meant by about -20. See the diff. should be more than -20 pts. for a trade of put buy at R1.

Regards