Option Buy Recomendations

[mobweek]

ghosh sir, i am holding 5000 call at 125 and 5000 put at 56 but both are decling now plz advise what to do now

 

[ghosh_ak34]

ghosh sir, i am holding 5000 call at 125 and 5000 put at 56 but both are decling now plz advise what to do now

Would reco. can exit. I would have written 5000 straddle rather.

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 5093
Support at 5035

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 5030
Support at 4926

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

 

[VIKAS 21]

SIR
I HAVE [email protected], LOT SIZ-774 NOW TRADING AT @1.10
SIR SHOULD I WAIT or BOOK MY LOSS?

 

[ghosh_ak34]

SIR
I HAVE [email protected], LOT SIZ-774 NOW TRADING AT @1.10
SIR SHOULD I WAIT or BOOK MY LOSS?

Dear Vikas,

Please make an exit, if you are trading in options then, either have interday strict SL or hedge your any overnight position. And above all keep the time decay factor into all your option trades apart from liquidity, volatility etc.

Regards

 

[gurprB2J]

Thank u ghosh sir for this excellent thread . I m studing this since monday but its takes more time . But as usual new comers has lot of questions some very silly and some genuine so sorry in advance if it irritates you.
1 Sir is this only for a day trading or we can buy on mon and sell latest by friday. or we can go further as well.
2 After 20 th of every month should we shift to options of next month series to remains in mkt or we should square off and waits for next month series to commenced
3 As u said that buy 2 to 3 lots of call and put as per mkt directions should we buy it i n one go or goes on accumulation after a gap of time (if yes then how much)
4 sir 20 point formula to check direction is used for a day only or should we use it for next days as well like opening of today- minus closing of yesterday

5 last and most important is that if you can provide any excel sheet formula to calculate s1,r1 and the value of P so that we can back test it for more confidence
PS I have a data of last one year of nifty spot with high,low and closing in excel sheet

 

[ghosh_ak34]

Thank u ghosh sir for this excellent thread . I m studing this since monday but its takes more time . But as usual new comers has lot of questions some very silly and some genuine so sorry in advance if it irritates you.
1 Sir is this only for a day trading or we can buy on mon and sell latest by friday. or we can go further as well.
2 After 20 th of every month should we shift to options of next month series to remains in mkt or we should square off and waits for next month series to commenced
3 As u said that buy 2 to 3 lots of call and put as per mkt directions should we buy it i n one go or goes on accumulation after a gap of time (if yes then how much)
4 sir 20 point formula to check direction is used for a day only or should we use it for next days as well like opening of today- minus closing of yesterday

5 last and most important is that if you can provide any excel sheet formula to calculate s1,r1 and the value of P so that we can back test it for more confidence
PS I have a data of last one year of nifty spot with high,low and closing in excel sheet

Dear GurprB2,

Below are my answers:

1 Sir is this only for a day trading or we can buy on mon and sell latest by friday. or we can go further as well.

Ans: The strategy posted in the 1st post is for day traders, however one can take it to next day the open position with hedging strategy.

2 After 20 th of every month should we shift to options of next month series to remains in mkt or we should square off and waits for next month series to commenced

Ans: We can start trading on next months option after 20th of the current month. There is no need to wait for next month to commence.

3 As u said that buy 2 to 3 lots of call and put as per mkt directions should we buy it i n one go or goes on accumulation after a gap of time (if yes then how much)

Ans: One needs to buy the calls at one go.

4 sir 20 point formula to check direction is used for a day only or should we use it for next days as well like opening of today- minus closing of yesterday

Ans: Its only for a day. Its daily strategy.

5 last and most important is that if you can provide any excel sheet formula to calculate s1,r1 and the value of P so that we can back test it for more confidence

Ans: Have given the calulation in the 1st post so you can use it as excel formula.

Regards

 

[VIKAS 21]

Sir
i have 2lot of hdil call [email protected],now [email protected]
1 lot of hdil [email protected], now [email protected]

market price=340

sir what should be my strategy now?

 

[ghosh_ak34]

Sir
i have 2lot of hdil call [email protected],now [email protected]
1 lot of hdil [email protected], now [email protected]

market price=340

sir what should be my strategy now?

Dear Vikas 21,

The counter is looking week and may see further fall, but you have got Nov. series strangle and expiry being nearer premium will fall due to time decay. So, its better to make an exit from this.

Regards