@Tushar158
That is a covered call with uncapped risk and capped reward. Calling it a safe strategy in front of a beginner or to a beginner or even to advanced traders is not really a clever thing to do so, as you not even explain how she/he has to set his stop losses, what to do when the stop loss is not filled and what to do when after the stop loss the market gets whipsaw and so on. Just telling with so little information that she/he surely will make 50 points is a bit out of a good recommendation.
If you are so sure about the 50 points, why not open a thread about it and lets see how people will praise you in the future about that. I mean: Each time you recommend a new trade and 50 points are guaranteed, wow, wow, you will be soon a star and have your foot prints made in stone in the trading hall of fame from TJ.
Take care and I really hope to see soon that thread from you, so TJ members can learn from you.
Good trading / DanPickUp
That is a covered call with uncapped risk and capped reward. Calling it a safe strategy in front of a beginner or to a beginner or even to advanced traders is not really a clever thing to do so, as you not even explain how she/he has to set his stop losses, what to do when the stop loss is not filled and what to do when after the stop loss the market gets whipsaw and so on. Just telling with so little information that she/he surely will make 50 points is a bit out of a good recommendation.
If you are so sure about the 50 points, why not open a thread about it and lets see how people will praise you in the future about that. I mean: Each time you recommend a new trade and 50 points are guaranteed, wow, wow, you will be soon a star and have your foot prints made in stone in the trading hall of fame from TJ.
Take care and I really hope to see soon that thread from you, so TJ members can learn from you.
Good trading / DanPickUp
trades . please tell am i rite. the delta for in the money usually be .6 , then premium wolud be raised more than points i get from furure , is my calculation rite?