Option Buy Recomendations

[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 2818
Support at 2709

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]

Nice to have a thread like this ghosh_ak34. I have the following position. Please comment on it and advice me how to cover them in the coming days.
1. LONG IN NIFTY FEB FUTURES 3 LOTS AT 2850
2. HOLDING 3 LOT NIFTY PUT 2750 AT 40
PLEASE ADVICE ON MY POSITION

Dear LongTrader,

I think you can hold this setup till expiry with upper breakeven for Nifty = 2890 means you can hold these positions until Nifty breaches 2890.

Regards

 

[LongTrader]

Dear LongTrader,

I think you can hold this setup till expiry with upper breakeven for Nifty = 2890 means you can hold these positions until Nifty breaches 2890.

Regards

ghosh can you please explain a little more about the position and how it will turn if nifty goes further down? I am sitting already in 7000+ loss in this position. please help when to square off, when it will be profitable.?

 

[stockBond]

Trailing SL means you trail your SL i.e. you keep increasing your SL when price moves up. Suppose put price moves to 150 then, your SL will move to 105(70%of 150) and so on. This way be try to make sure that we will exit from the position with some profit.

Regards

But I suppose this has to be done manually everytime ......isn't it ?

 

[terminator_123]

But I suppose this has to be done manually everytime ......isn't it ?

Ya... I don't think any of the current brokerages offer trailing SL.

 

[ghosh_ak34]

ghosh can you please explain a little more about the position and how it will turn if nifty goes further down? I am sitting already in 7000+ loss in this position. please help when to square off, when it will be profitable.?

Dear LongTrader,

I think today you got an oppourtunity to exit from this position as Nifty scalled above 2890 (Breakeven). I think Nifty will make a technical bounce any day and you will get a chance to exit this.

You should have kept a SL for this setup at 3000 or 5000 Rs depending on your budget. Normally, we hedge by EOD and exit from the setup the very next day if we buy future and hedge it with a put.

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 2875
Support at 2649

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]

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 2819
Support at 2655

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

 

[stockBond]

Loosing a lot by investing in CALL options of ICICI and STATEBANK expiring 26th Feb. Is there any hope of rise in their prices?

 

[rag_bh]

Loosing a lot by investing in CALL options of ICICI and STATEBANK expiring 26th Feb. Is there any hope of rise in their prices?

what strke price?
ICICI range for last 3days would be 310-360
not tracking SBI