Option Buy Recomendations

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Dear Vasanth,

These adjustments to R1 and S1 as per my trading strategy posted in 1st post is risky. I have tested it and found so. You need to work on real data of 3 months to testify this. Kindly test with real data for the three months and update here.
Regards
Hi Ghosh,

Sorry for asking this question again and again.Can i know the specific reason for this risk.Is it because R1 and S1 we are deep In the Money,so the chance of hitting stop loss is very less?

Reg
Vasanth
 

ghosh_ak34

Well-Known Member
Hi Ghosh,

Sorry for asking this question again and again.Can i know the specific reason for this risk.Is it because R1 and S1 we are deep In the Money,so the chance of hitting stop loss is very less?

Reg
Vasanth
Dear Vasanth,

I have tested this strategy successfully and it worked for me. So, I recommend buying calls at S1 and puts at R1. If traded as per strategy posted in 1st post chances of hitting SL is less comparatively. Please do paper trading for 3 months and if it give profit for 3 months in a row then, only you start real trade according to this strategy.

Regards
 

ghosh_ak34

Well-Known Member
Dear ghosh sir,

can you suggest me what call or put should i buy for the coming month

regards
dilip
9226085319
Dear Dilip,

As stated earlier, for trading in Nifty Options next week R1= 4400 and S1=3900. So, you can buy calls at S1 = 3900 strike price and puts at R1=4400 strike price as per sideways strategy posted in the 1st post of this thread.

Regards
 
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ghosh_ak34

Well-Known Member
Dear All,

I would request all to do paper trading of this Nifty Options Strategy as per strategy posted in the 1st post of this thread. Before going for real trade do paper trade for atleast 3 months in a row and if it gives profits 3 months in a row then, only enter into real trade according to the stated strategy.

Regards
 
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pkamalesh

Well-Known Member
Dear ghosh sir...Is it true that the call or put momentum(in the price) is totally decreased during the last 10 days of the expiry??One of my friends told me that even if the nifty touches your level of call during these last days you will not get much profit...plzz explain
 

ghosh_ak34

Well-Known Member
Dear ghosh sir...Is it true that the call or put momentum(in the price) is totally decreased during the last 10 days of the expiry??One of my friends told me that even if the nifty touches your level of call during these last days you will not get much profit...plzz explain
Dear Pkamalesh,

Yes, you are correct. Time decay is a major factor in options. Refer 888options.c0m to learn options.

Regards
 

trillian

Active Member
Hi friends,

Here I am posting the trade done on ghosh method. Last month I have done only few trades i.e when I got clear trend entered the trade and when I have an doubt over this strategy I did not entered the trade. Here is the link of my profit and loss of this strategy.have a look @ it.This month I am confident of this method and will post on 20th of this month.

Cheers.:)

Paper trade sheet

Regards
 
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