Option Buy Recomendations

[stockBond]

Go ahead and write options if you are so confident dear friend. But will reco. to think twice before you do so, as margins + MTMS might kill your trades, in case your trade reverses. Will reco. write options and hedge it too suitably.

Regards

Plz explain the process of shorting. How much money should be in a/c before I short-sell in icicidirect? Does that money get blocked until I square-off ?

 

[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 2970
Support at 2885

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 check strategy posted in 1st post of this thread.

Regards

 

[ghosh_ak34]

Plz explain the process of shorting. How much money should be in a/c before I short-sell in icicidirect? Does that money get blocked until I square-off ?

Process ?? Regarding margin, as said earlier talk to your broker. Yes, your money will be blocked till you square off and you might need to pay additional amount in case you end up in losses.

Regards

 

[stockBond]

No its not hedge.

I hedged it with 3000 Call.

But the next day i purchased the 3000 call, i was in loss, so the next day i sold the call in cost price.

and now i regret.

Thanks,
Sohan ( http://intraday.weebly.com )

In a straddle you should square-off only if you recover your entire investment. Nothing can be done now wait for downward move.

 

[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 2960
Support at 2880

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 check strategy posted in 1st post of this thread.

Regards

 

[terminator_123]

Re: What a market today was.....

Hi,

After Dow and Hang Seng huge fall, i thought indian market will fall by minimum (Sensex) 280pts.

But this didnt happen as we all know.

In the morning i bought 2700 PUT at 36.25.

Then i placed a sell order for 48.

It went till 42.50. Then came back to 36..something.

After some time it moved to 38.

I asked my broker why the indian market is not falling. He told indian market is not getting influenced by world markets.

I then replaced my order from 48 to 41.50.

Fortunately, it got trigerred. Made a small profit of 200rs.

Then i placed another buy order at 33.30.

But then i thought market will go up and i canceled my buy order.

It closed at 30.10.

Can anyone explain why our market behaved so strangely today.

Thanks,
Sohan ( http://intraday.weebly.com )

Don't just keep buying and selling options like that... You will only end up losing more and more money...
First decide what kind of trader you are (intraday, swing etc..) what kind of strategy you want to follow etc..
Follow nifty futures intraday thread for a few days without doing any trading..

Market hasn't shown any surprises at all today..

 

[ka2931]

Re: What a market today was.....

Hi Sohan,

I think market is technically positioned to go upward for sometime now.Some of the technical indicators suggest so.But a correction could happen any day.Our Ghosh sir could explain it in a better way.


Kausik

 

[terminator_123]

Re: What a market today was.....

Please help how should i trade options. i am new to options.

Since you are new to options.. its better that you paper trade for some time..
once you have at least 50 profitable paper trades, you can start real trading..
Also don't buy out of the money options that are too far off... 2500 is too far off from the range in which nifty is trading now...
Make sure you get the levels (supports, resistances) before trading.. plz don't trade on news alone.. because when the whole market knows about some news, it will either gap up or down.. As I said before follow the intraday futures trading thread to get a feel of the levels and to learn how others trade..
Ask questions so that you get to know what ppl are talking about..

Good Luck

 

[spot]

Dear Sir,

Is there is hedge strategy for range bound market in your basket?

 

[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 2925
Support at 2852

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 check strategy posted in 1st post of this thread.

Regards