Option Buy Recomendations

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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 tomorrow are as under:

Resistence at 3490
Support at 3190

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

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 tomorrow are as under:

Resistence at 3465
Support at 3320

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
 
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hi every body this is the first post to our forum i am very happy to see u all here... with ur permission lemme introduce my self i started my part time trading in 2008 feb i thought that was the right time to invest so many ups and downs i dont know any thing about the market i was investing in equties.... later i found margin trading also available...and i thought nice to trade.... and found in june that market was not in good condtion to trade so that i stopped all my activities in trading coming to this march i thought market is not going to break 3000 resisitance(some technical analyist like sukhani and aswin prediction i took) level so at 2800 i shorted with one lot and it dragged me up to 3150 levels and with 4 lots i decided there to quit and the amount more than 70 thousands i lost so one of my friend suggested me to trade in option so that i can get good profits and risk also minimum compare to futures plz help me some body i am reading about options but i am not understading the pivot point rules MR GOSH had given a nice analysis of option trading but still i am not understanding..i want to know what is the formula hehind it and about levels. plz help me i want to get my lost money seriously not in a single session....or two step by step....and want to make it as a profession.. how much i can invest and how can i get profits with consistency..

thanks in advance

srini
 
Hi,

Can anybody please post the historical volatility chart for each stock i mean those whose options are little liquid..

Also which you think will be the best broker for option trading as my broker indiabulls charge around 2% as brokerage then taxes etc. it comes out to 8 points in nifty option for one round trip..

Thanks,
Harmeet.
 

NiftyFantasy

Well-Known Member
hi every body this is the first post to our forum i am very happy to see u all here... with ur permission lemme introduce my self i started my part time trading in 2008 feb i thought that was the right time to invest so many ups and downs i dont know any thing about the market i was investing in equties.... later i found margin trading also available...and i thought nice to trade.... and found in june that market was not in good condtion to trade so that i stopped all my activities in trading coming to this march i thought market is not going to break 3000 resisitance(some technical analyist like sukhani and aswin prediction i took) level so at 2800 i shorted with one lot and it dragged me up to 3150 levels and with 4 lots i decided there to quit and the amount more than 70 thousands i lost so one of my friend suggested me to trade in option so that i can get good profits and risk also minimum compare to futures plz help me some body i am reading about options but i am not understading the pivot point rules MR GOSH had given a nice analysis of option trading but still i am not understanding..i want to know what is the formula hehind it and about levels. plz help me i want to get my lost money seriously not in a single session....or two step by step....and want to make it as a profession.. how much i can invest and how can i get profits with consistency..

thanks in advance

srini
Option trading & future trading is in fact twin brothers one is saanp nath and the another is naagnath.
Who says the option trading is less risky than future trading, in fact the option trading is more risky than future....
My personal advice is: keep your balance money with you and say goodbye to this market...
In the words of Rakesh Jhunjhunwala:
Maximum 5 out of 100 is really making money, 5 are in no profit no loss and 90 are making loss..but the problem is 40 out of these 90 peoples are misguiding to others by telling lie that they are making huge profit... :)

best of luck!
Abhi
 

NiftyFantasy

Well-Known Member
i have 10 lots of 3200 put at average of 66.what do i do square off or wait for it,please suggest i bought this on 9 april 2009.cmp 53.
You have not asked me but I would like to advice that please hold your postions atleast till 23rd (bcz this exp. is maximum long) and watch closely nifty...I think nifty is at a big hurdle and there is no good news to come out, but of course bad news may come any time from political front or disappointing company results etc...then 3000-2800 can be any time on the cards....(your views expected ghosh da)
Overall the chances of crash is more reasonable than continued upside jump....

best of luck to you & of course to me :)
rgds
Abhi

Disclosure: holding 6 lots of 3200 put @ average price of 78/-

edit: FIIs are silent and Rs/$ is also improving and that factor can encourage them to go for sell off any time...
 
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You have not asked me but I would like to advice that please hold your postions atleast till 23rd (bcz this exp. is maximum long) and watch closely nifty...I think nifty is at a big hurdle and there is no good news to come out, but of course bad news may come any time from political front or disappointing company results etc...then 3000-2800 can be any time on the cards....(your views expected ghosh da)
Overall the chances of crash is more reasonable than continued upside jump....

best of luck to you & of course to me :)
rgds
Abhi

Disclosure: holding 6 lots of 3200 put @ average price of 78/-

edit: FIIs are silent and Rs/$ is also improving and that factor can encourage them to go for sell off any time...

u r watching day dream that market will crash. dow has made 200+ gain yesterday...i am also holding out of money put .
 
Option trading & future trading is in fact twin brothers one is saanp nath and the another is naagnath.
Who says the option trading is less risky than future trading, in fact the option trading is more risky than future....
My personal advice is: keep your balance money with you and say goodbye to this market...
In the words of Rakesh Jhunjhunwala:
Maximum 5 out of 100 is really making money, 5 are in no profit no loss and 90 are making loss..but the problem is 40 out of these 90 peoples are misguiding to others by telling lie that they are making huge profit... :)

best of luck!
Abhi
hai abhi thanku very much for ur encouragment and advice..
 

NiftyFantasy

Well-Known Member
u r watching day dream that market will crash. dow has made 200+ gain yesterday...i am also holding out of money put .
Can u tell me anyone who had even day dreamed that market will touch 3400 by the 1st week of april. This is stock market man..no one knows what will happen by the end of this series except god...
As far as dow we should not forget that dow is recovering from their 12 years low (even that is also 10-15% less than our recovery from recent lows)..however we are at very very much higher level than dow and their is atlest 20-30% space available to fill this gap..

rgds
Abhi

Edit: We can expect atleast 10% correction from these levels....i.e.2950-3000....we can predict only BAKI TO SIRF BHAGWAN HI JANTA HAI...KI 2800 JAYEGA YA 3800 :)
 
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