Option Buy Recomendations

[ghosh_ak34]

I think after 20th of month its better to write call/put of next month series, As i have seen that till expiry their is substantial decrease in premium till expiry of current month.

let me know ur views.

Dear Tushar,

Yes, you can offcourse write current month's OTM calls or OTM puts after 20th of the month provided you are sure of these OTMs to remain OTMs till expiry

Regards

 

[LIFELINE127]

Hi Ghosh

Thanks a lot for such a wonderful initiatives. let all the members be benifited and lets share our ideas here

Lifeline

 

[ghosh_ak34]

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 4310
Support at 4182

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

 

[ajitmatthan]

Thanks Ghosh for sharing your knowledge and experience with many of us who have a lot to learn.

Regards

Ajit

 

[scorpio77]

Hi Ghosh,

Thank you for your regular recommendations. Been following your post for some time.

Please let me know what should be our plan of action when the Support and resisitance levels are breached Intraday. Should one exit or reverse our position?

What is the success rate one can expect by following this strategy?

Please treat these as genuine questions from a new student of TA and it is not in any way questioning your method.

Thanks,

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 4310
Support at 4182

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]

Hi Ghosh,

Thank you for your regular recommendations. Been following your post for some time.

Please let me know what should be our plan of action when the Support and resisitance levels are breached Intraday. Should one exit or reverse our position?

What is the success rate one can expect by following this strategy?

Please treat these as genuine questions from a new student of TA and it is not in any way questioning your method.

Thanks,

Dear corpio77,

Yes, one can reverse ones position when these Res. & Supp. are broken. But do not forget to hedge the same.

When CMP is between Res. & Supp. then, trade as per trend check strategy posted in the 1st post of this thread.

SL for setup i.e. NF + Hedge for above is Rs 2000/- per lot.

Well success rate that is what you need to test yourself.

I trade with the combination of NF+Hedge + Weekly R1S1 (Buy or write) depending on market trend.

I could only say this strategy works for me so sharing it here and it gives me nearly const. return on monthly basis.

I am not here to market my strategy so why to answer % success rates etc.

Regards

 

[scorpio77]

Thank you for your advise. Appreciate your help.

Dear corpio77,

Yes, one can reverse ones position when these Res. & Supp. are broken. But do not forget to hedge the same.

When CMP is between Res. & Supp. then, trade as per trend check strategy posted in the 1st post of this thread.

SL for setup i.e. NF + Hedge for above is Rs 2000/- per lot.

Well success rate that is what you need to test yourself.

I trade with the combination of NF+Hedge + Weekly R1S1 (Buy or write) depending on market trend.

I could only say this strategy works for me so sharing it here and it gives me nearly const. return on monthly basis.

I am not here to market my strategy so why to answer % success rates etc.

Regards

 

[ghosh_ak34]

Dear Friends,

Today's OHLC is :

Open	High	Low	Close
4239.80	4275.00	4205.00	4241.80

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 4301
Support at 4195

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]

Dear Friends,

Today's OHLC is :

Open	High	Low	Close
4236.80	4251.95	4090.00	4114.25

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 4215
Support at 4035

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]

Dear Friends,

Today's OHLC is

Open	High	Low	Close
4205.10	4294.00	4181.25	4284.25

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 4350
Support at 4215

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