Option Buy Recomendations

[ghosh_ak34]

Dear Friends,

For Nifty Future (June Series) 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 4610
Support at 4440

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,

For Nifty Future (June Series) 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 4592
Support at 4475

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

 

[linkon7]

Ghosh da,
Is it a good idea to buy ATM put as a hedge if i want to go long nifty.... Since NF has a higher beta than ATM put, in the end, we get to make some money if the direction is right.
or would you prefer going for a bull / bear spread instead...

 

[ghosh_ak34]

Ghosh da,
Is it a good idea to buy ATM put as a hedge if i want to go long nifty.... Since NF has a higher beta than ATM put, in the end, we get to make some money if the direction is right.
or would you prefer going for a bull / bear spread instead...

Dear linkon7,

I reco. to hedge NF long with ATM or near money put. See when Nifty by passes the strike price on upper side then, the previous ATM put or near money put bought doesn't fall much in comp. to NF rise. So, you start making profit and when in profit I reco. to maintain a Trailing-SL and if you want to exit then, exit from both NF long + hedged ATM or near money put.

I prefer above because it works for me and its all upto you to come up with your own strategies. If I hedge as above then, I am sure not going to get trapped in sudden reversals and loose my previous profits.

Hedge is like insurance, that you pay for your protection against future wrong happenings.

Regards

 

[bobit79]

dear Ghosh

i brought put 4200 June @ 52, need to exit tomorw ?

regards
bobi

 

[ghosh_ak34]

dear Ghosh

i brought put 4200 June @ 52, need to exit tomorw ?

regards
bobi

Dear Bobit79,

Yes, I think the same.

Regards

 

[ghosh_ak34]

Dear Friends,

For Nifty Future (June Series) 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 4645
Support at 4532

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

 

[vijayrathod2006]

Hi Ghoshda,

I have bought 4200 PE @ 59, you think i should exit it tommorrow or stay invested in that... little worried as i have not hedged it... Please post your comment.

Thanks in advance!!!!!!!!!!!:thumb:

 

[ghosh_ak34]

Hi Ghoshda,

I have bought 4200 PE @ 59, you think i should exit it tommorrow or stay invested in that... little worried as i have not hedged it... Please post your comment.

Thanks in advance!!!!!!!!!!!:thumb:

Dear Vijayrathod2006,

I have answered it.

I hope you all will call me Ghosh instead of Ghoshda please. If instead of my this request I find people calling me ghoshda again instead of caling me by name, then, I will find it suitable to stop posting in this forum.

Being Bengali doesn't mean all will add da as suffix to my name. I strictly DO NOT LIKE IT. Have told many personally but finding it doesn't make any difference to any.

Even if anybody starts to reply this asking why I am saying so etc., then, this forum is closed by me for ever.

Regards

 

[skjain_196970]

thanx a lot for your useful informations.