Option Buy Recomendations

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Dear Ghosh,

Let meposty the trade for the to get your review
1. at 10.30 the difference was > 20 , so waited to buy calls at Support of 2750. Support price was reached at around 12.15 and went as low as 2730.
2. The difference at 12.30 was also > 20 points as compared to 10.30. So went ahead and picked up 2800 CE @ 115.

Is this correct thing to do and is my understanding of the instructions correct.

Thanks in advance
 

ghosh_ak34

Well-Known Member
Dear Ghosh,

Let meposty the trade for the to get your review
1. at 10.30 the difference was > 20 , so waited to buy calls at Support of 2750. Support price was reached at around 12.15 and went as low as 2730.
2. The difference at 12.30 was also > 20 points as compared to 10.30. So went ahead and picked up 2800 CE @ 115.

Is this correct thing to do and is my understanding of the instructions correct.

Thanks in advance
Dear Srichakra,

Your understanding is incorrect. Please re-read the 1st post of this thread. The levels that I give thats only for future traders and not for option traders.

It seems I need to stop posting daily future sup. and res. from now onwards to avoid such confusions.

Regards
 

ghosh_ak34

Well-Known Member
Dear Ghosh,

I have 3 lot of pe for 2600 expiring this month.Could pls tell whether should i exit or hold?

Regards,
Siladitya
Dear Siladitya,

Please maintain SL=30% of your buy price and hold. Always hedge your positions before you call it a day.

Reco. to trade in options as per 1st post of this thread.

Regards
 
Dear Ghosh,

I have been following this thread only for the past few days and got the feeling that there is a good startegy to be understood and learnt for trades.
Just because of my intrepretation, do not stop something which you have been doing, which may be usefull to many of the thread followers.

Let me know, if there is any way that i could contact you to understand this better.
Thanks and continue what is going on.
 
DEAR GURU JI

I think as per my caculation it is coming as below.

WH - 2843 WL - 2565 WC - 2711

P - 2706 R1 -2847 S1 - 2569 R1 ~ S1 : 278 < 300 <400

for next week, with R1 - 2847 and S1 - 2569

Pl confirm this Mr. Ghosh SIR , or correct me if I am wrong.

Regards,
 

pkamalesh

Well-Known Member
DEAR GURU JI

I think as per my caculation it is coming as below.

WH - 2843 WL - 2565 WC - 2711

P - 2706 R1 -2847 S1 - 2569 R1 ~ S1 : 278 < 300 <400

for next week, with R1 - 2847 and S1 - 2569

Pl confirm this Mr. Ghosh SIR , or correct me if I am wrong.

Regards,
Dear tom.....ghosh sir has already clarified this before that we do not trade odd numbered strikes like 2650 and 2850...so we close it up to the nearest even number..

Therefore 2847 woul be 2800 and 2569 would be 2600....

Hope its clear for you now..cheerz
 
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