Option Buy Recomendations

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Hi Ghosh Sir,

I have averaged both unitec & reniance jewellery.

Ghosh sir, what targets would you advice for both Unitec Reniance Jewellery ?

My average for Unitec now comes around 94 & Reniance Jewellery , it comes around 43.

Kindly guide for the targets.


Awaiting your quickest response,


Thanks & Regards,
Optionstrader
 

ghosh_ak34

Well-Known Member
Hi Ghosh Sir,

I have averaged both unitec & reniance jewellery.

Ghosh sir, what targets would you advice for both Unitec Reniance Jewellery ?

My average for Unitec now comes around 94 & Reniance Jewellery , it comes around 43.

Kindly guide for the targets.


Awaiting your quickest response,


Thanks & Regards,
Optionstrader
Dear Optiontrader,

Reco. target for Unitech is 109 and for RJL is 50. I hope your holding this for 3-4 months.

Regards
 

chaitanyagoa

Well-Known Member
Hello ghosh sir,

I have a query regarding Options.........

Since the market is going up...... Which strategy is better?

1. Buying a call
OR
2. Writing a PUT

Which one of these is better and why?

Just from a learning perspective...........:)

Thanks
 

ghosh_ak34

Well-Known Member
Hello ghosh sir,

I have a query regarding Options.........

Since the market is going up...... Which strategy is better?

1. Buying a call
OR
2. Writing a PUT

Which one of these is better and why?

Just from a learning perspective...........:)

Thanks
Dear chaitanyagoa,

When market is going up with no. of days to expiry is away. Then, one could following startegy:

Buy at money or near money call and write OTM call.

For example:

Buy 2lots Nifty 4900 Call and write 5000 call Nov. series

But if you think up trend but not much steam is left or expiry is nearing. Then, one could go for following strategy:

Write an OTM call near resistence and write an OTM put near support.

For example:

Write Nifty 5200 Call 1 lot and Write Nifty 4600 put 2 lots Nov. series.

Will prefer last one because chances of constant move up is less and I can eeat the premiums.

Regards
 

aid

Active Member
Hi Ghosh sir,
I'm new into this thread .....just finished reading the Stratagy of u posted in the 1st post..... seems to me vry interesting. I'll start using it on paper frm tomorrow.
Also want to thanks u for ur contribution in TJ. :clapping:
---aid
 
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