Option Buy Recomendations

[ghosh_ak34]

Thinking abot the 4400 straddle bought on friday, I had a thought coming in my mind.

I think complete budget speech will end only after 12 PM and after 12 drama will begin. So why didn't we put a stop loss order on both of the option at around 11 PM and reverse our trade on stop loss hit option. This way our loss on loosing trade will be limited; as well we could double our winning trade at descent point of time on B day.

Ghoshg, please comment on my strategy; as I am not experienced enough I can not think of possible drawbacks.

Thanks.

I am having 4300 put and 4600 call for budget day trading and also planning to put stoploss on appropriate time during budget speech. any feedback for this strategy?

Dear friends,
I am thinks to go for short in MINIFTY at current level. anyone can advise me how to go hedging if market go forward.

Thanks
Mani

Dear Friends,

Sorry, I was travelling yesterday so couldn't read your posts.

Regards

 

[ramgude]

i am still holding put 4100 bought @ 117 what to du ?

 

[ghosh_ak34]

i am still holding put 4100 bought @ 117 what to du ?

Dear Ramgude,

Try to make an exit as we might expect some bounce back now.

Regards

 

[plachira]

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 4375
Support at 3942

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

Hi Ghosh,

Could you please let me know you calculated this Resistance and Support? I tried using the formula you posted in first page. But got some different value.

Thanks,
Plachira

 

[abigbull]

Hi abigbull,
Not sure whether sharing email ids is permitted in this forum

rgds,
BlueGuy

Hi Blue guy Can u mail me at : avinverma (at the rate ) gmail dot com

I need to trouble on some very small topics if u r ok abt the trends and hope to get ur 10 mins to clear my doubts

thanks

 

[ghosh_ak34]

Hi Ghosh,

Could you please let me know you calculated this Resistance and Support? I tried using the formula you posted in first page. But got some different value.

Thanks,
Plachira

Dear plachira,

1st post talks about weekly R1 and S1 and daily I post daily Nifty Future Resistence and Support. I am yet to come up with a suitable formula for this so haven't shared.

Regards

 

[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 4253
Support at 4152

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 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 4125
Support at 4021

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

 

[lvrrajan]

Hi..

I bought 4900 Calls @ 12.45..its more than 50% down now..should i hold or exit.
How Time Decay will affect my position ?

Suggestions pls..

 

[ghosh_ak34]

Hi..

I bought 4900 Calls @ 12.45..its more than 50% down now..should i hold or exit.
How Time Decay will affect my position ?

Suggestions pls..

Dear lvrrajan,

Its too much OTM so exit. Time decay will make it tend towards zero slowly.

Regards