Option Buy Recomendations

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ghosh_ak34

Well-Known Member
Dear Friends,

Following reco. is for Nifty option writers :

(1 lot each)

Write Nifty August 4800 Call (CMP 105)
Write Nifty August 4200 Put (CMP 66.5)
Write Nifty August 4100 Put (CMP 48.1)

with total SL= Rs 2000 and target = Rs 7000 per lot
Total Premium = 210.6

Profitable between 4400 and 4800 levels.

Regards
 
Last edited:

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 4635
Support at 4520

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
 
Dear Friends,

Following reco. is for Nifty option writers :

(1 lot each)

Write Nifty August 4800 Call (CMP 105)
Write Nifty August 4200 Put (CMP 66.5)
Write Nifty August 4100 Put (CMP 48.1)

with total SL= Rs 2000 and target = Rs 7000 per lot
Total Premium = 210.6

Profitable between 4400 and 4800 levels.

Regards
Dear Mr Ghosh,

Profitable between 4400 & 4800 it means loss will start below 4400 & above 4800. Will it be wise to short 1L NF when near 4400 & long 1L when NF near 4800 to retain the premium received? Long or Short only hedging purposses and not for any profit. I am new . Your comment will be highly appreciated.Thanks.....SM
 
Dear Mr Ghosh,

Profitable between 4400 & 4800 it means loss will start below 4400 & above 4800. Will it be wise to short 1L NF when near 4400 & long 1L when NF near 4800 to retain the premium received? Long or Short only hedging purposses and not for any profit. I am new . Your comment will be highly appreciated.Thanks.....SM
Here Mr Ghosh do u recommend wrting any(call / Put ) options for july month . pls recommend whether we should do it or not .
 

ghosh_ak34

Well-Known Member
Dear Mr Ghosh,

Profitable between 4400 & 4800 it means loss will start below 4400 & above 4800. Will it be wise to short 1L NF when near 4400 & long 1L when NF near 4800 to retain the premium received? Long or Short only hedging purposses and not for any profit. I am new . Your comment will be highly appreciated.Thanks.....SM
Dear SM,

Yes, you are correct we will start loosing below 4400 and above 4800. No, I am reco. to go short or long at these levels once broken.

Offcourse to max. your profit you can go long or short in NF as per trend and daily res and support levels.

Regards
 
Dear Mr.Ghosh,

Congrats and thanks for this wonderful thread. I came across it only 2 days back. i have a doubt and hope you will help. in your first post it is said in sideways trend if at 10.30 am there is a rise of more than 20 points from opening price, then buy call at S1. My question is-- do you mean that call should be bought at the time when the underlying spot price of nifty reaches S1 level, waiting for the spot price to reach that level or do you mean that at 10.30 am when an upward trend is visible a call at the srike price near S1 level should be bought at 10.30-10.45 am itself - please clarify

Thanks in advance
Shaji
 
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