Option Buy Recomendations

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stockBond

Well-Known Member
Dear ankitgarg20,

Please read the daily reisistence and support posting. It clearly says that its only "For Nifty Future traders who would like to trade as per trend check strategy posted in 1st post of the thread ". There is no fixed method to find these levels, depends on charts and other market directions. Still to find one definte method.

I do not like posting my trades in public, so would never do so.

Regards
I am a new trader in options(Call and Put). I usually purchase them (straddle) at low levels and sell as the prices move. What could be the appropriate strategy to trade in options? Experienced people please share your gyaan:)
 

ghosh_ak34

Well-Known Member
I am a new trader in options(Call and Put). I usually purchase them (straddle) at low levels and sell as the prices move. What could be the appropriate strategy to trade in options? Experienced people please share your gyaan:)
Dear StockBond,

Options are not like stocks that you can buy and sell on rise any time, it has got time decay factor with it. So, be careful

I have reco. some options trading strategy in the 1st post of this thread. You can either follow this or any other strategy you come across.

Before you start trading using any trading strategy of your choice you should paper trade that for atleast 3 months and see whether it gives you profits 3 months in a row or not. Its important to note that any strategy might not suit your style or mood so take your time in choosing and testing them. Once tested just stick to it, how boring that startegy may be. Trading is not done for fun so do not keep changing your strategy.

Plan your trade daily and trade next day as per the plan. Even with paper trading daily planning will help.

Note down all your emotions during trades, daily in a dairy and read it after trading hours, analyse the same on daily/weekly/monthly basis to improve your trades.

I did these hence sharing the same here. Hope this will be of some help to you and other new bees.

Regards
 

ghosh_ak34

Well-Known Member
Plz explain the process of shorting. How much money should be in a/c before I short-sell ?
Dear StockBond,

It varies from broker to broker, please talk to your broker and they will provide you the details. Normally the margin for stock futures are more or less same as for stock option writes. Broker adds some margin of safety + MTM so the margin rates varies from broker to broker.

Regards
 
Last edited:

ghosh_ak34

Well-Known Member
Dear friends,

For the week starting Mon.-Fri. R1= 2900 and S1=2800, R1~S1 is outside the range (300,400] so trade as per sideways strategy posted in the 1st post of this thread,

We might see some uptrend next week with resistence at upper level, so trade accordingly.

Regards
 

ghosh_ak34

Well-Known Member
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 Monday are as under:

Resistence at 2870
Support at 2793

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
 

stockBond

Well-Known Member
Dear StockBond,

Options are not like stocks that you can buy and sell on rise any time, it has got time decay factor with it. So, be careful

I have reco. some options trading strategy in the 1st post of this thread. You can either follow this or any other strategy you come across.

Before you start trading using any trading strategy of your choice you should paper trade that for atleast 3 months and see whether it gives you profits 3 months in a row or not. Its important to note that any strategy might not suit your style or mood so take your time in choosing and testing them. Once tested just stick to it, how boring that startegy may be. Trading is not done for fun so do not keep changing your strategy.

Plan your trade daily and trade next day as per the plan. Even with paper trading daily planning will help.

Note down all your emotions during trades, daily in a dairy and read it after trading hours, analyse the same on daily/weekly/monthly basis to improve your trades.

I did these hence sharing the same here. Hope this will be of some help to you and other new bees.

Regards
Why not short-sell to guard against time-decay? ---what say?
 
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