Option Buy Recomendations

[awachat]

Hi All

I am uploding 39th week data.

 

[awachat]

Hi All

I am attaching 40th week data

 

[ka2931]

Dear Ghoshda,

I'm not new in option trading,but new in this forum.I've gone through your profitable option strategy.I'm not following,just trying to find scopes for implementing your strategy.Sir,I've a few questions to ask,please answer me.

1.You recommend to buy Call at Support(S1) or Put at Resistance (R1) level.So,is it possible to buy lots every day?Don't we've to wait for S1 or R1 level and must to have an extreme volatility frequently?

2.According to your Sideways Strategy,for gap-up opening of Nifty,do you mean nifty to remain above 20 pts continually till 10-30 to 10-45 AM without dipping below that 20 pts(just like today)?

3.What strike prices do you exactly recommend to buy-the prices at R1 or S1?

I'm a bit confused.Please explain it a bit clearly/simply so that somebody like me could understand your strategy 100%

kausik

 

[awachat]

Hi All

Check uplodaed data. Let us know your comments please.

 

[ghosh_ak34]

Dear Ghoshda,

I'm not new in option trading,but new in this forum.I've gone through your profitable option strategy.I'm not following,just trying to find scopes for implementing your strategy.Sir,I've a few questions to ask,please answer me.

1.You recommend to buy Call at Support(S1) or Put at Resistance (R1) level.So,is it possible to buy lots every day?Don't we've to wait for S1 or R1 level and must to have an extreme volatility frequently?

2.According to your Sideways Strategy,for gap-up opening of Nifty,do you mean nifty to remain above 20 pts continually till 10-30 to 10-45 AM without dipping below that 20 pts(just like today)?

3.What strike prices do you exactly recommend to buy-the prices at R1 or S1?

I'm a bit confused.Please explain it a bit clearly/simply so that somebody like me could understand your strategy 100%

kausik

Dear Kausik,

R1 and S1 are strike prices only. So, one needs to buy calls at S1=3900 and puts at R1=4400. To buy these there is no need to wait for these levels. There is no need to buy these simultaneously. Buy as per trend strategy posted in 1st post of this thread. Definetely need to have much liquidity in options to trade in them.

As per sideways strategy, we need to watch the trend from 10:30 AM to 10:45 AM and we can buy calls when trend is up by 20pts or buy calls when trend is down by 20pts. We can buy anytime between 10:30AM and 10:45AM depending on trend. Normally I prefer to wait for 15 mins just to confirm the trend.

Hope above helps you in understanding the strategy.

Regards

 

[VJAY]

2.According to your Sideways Strategy,for gap-up opening of Nifty,do you mean nifty to remain above 20 pts continually till 10-30 to 10-45 AM without dipping below that 20 pts(just like today)?
Ghosh sir,
If the difference below 20 pts then there is no trade?Like yesterday

Regards
VJAY

 

[kumark]

Hi

i am new to options, read in this forum that Liquidity for Options is very low

can Any one let me know what is the range for good liquidty in Nifty options For OTM..

Thanks & regards

Kumar

 

[VJAY]

Ghosh sir,
Todays paper trade:At 10.40 bought P4400 @295 s/l 236.expexte target:383.5
I checked it at 12.30-45 and also at 3-00.
At 3.15 bought c3900 @350 s/l280
moved s/l of P4400 to 301.50.
Please give instructions to how trade tommarow with this holdings.
If tommarrow mrkt open gap down/up then which position we square first and where the stoploss.
Please this would may be clear my doubts.

Thanks & Regards
VJAY

 

[ghosh_ak34]

Ghosh sir,
Todays paper trade:At 10.40 bought P4400 @295 s/l 236.expexte target:383.5
I checked it at 12.30-45 and also at 3-00.
At 3.15 bought c3900 @350 s/l280
moved s/l of P4400 to 301.50.
Please give instructions to how trade tommarow with this holdings.
If tommarrow mrkt open gap down/up then which position we square first and where the stoploss.
Please this would may be clear my doubts.

Thanks & Regards
VJAY

Dear Vijay,

1. Tomorrow if market opens gap down, and if SL of 3900 CA is hit then exit it and hold the profit making 4400 PA with trailing SL.

2. Tomorrow if market opens gap up, and if SL of 4400 PA is hit then exit it and hold the profit making 3900 CA with trailing SL.

Then, you can continue as earlier i.e. buying calls and puts as per trends at 10:30, 12:30 and at 3:00 PM (or last 30 min. as per sun outage.)

Regards

 

[trillian]

Ghosh sir,
Todays paper trade:At 10.40 bought P4400 @295 s/l 236.expexte target:383.5
I checked it at 12.30-45 and also at 3-00.
At 3.15 bought c3900 @350 s/l280
moved s/l of P4400 to 301.50.
Please give instructions to how trade tommarow with this holdings.
If tommarrow mrkt open gap down/up then which position we square first and where the stoploss.
Please this would may be clear my doubts.

Thanks & Regards
VJAY

Hi vjay,

I think you are wrong. according to nifty spot we got trend only @ 3 today. So how come you bought 4400pe @ 10.40.

here i will post todays nifty levels

4180.9 -----> open
4191.55 ----> 10.45 ---- 10.65
4185.9 ------>12.00 ---- -5.65
4128.9 ------>3.00 ---- -57

From open to 10.45 its only 10.65 pts up so Vjay how come you entered @ 10.45. here you should enter only @ 3.

You should buy 4400pe @ 3 and hedge that with 3900ce.

Ghosh I think I am correct.

Regards.