Option Buy Recomendations

[ghosh_ak34]

dear mr. ghosh
according to your strategy on page 1 of this thread previos week high is 4743
low 4537 closing 4732 so support s1=4598 and r1=4800
and kindly tell me when u r teeling short one lot or long 1 lot means short or long one lot of nifty future and to hedge buy 1 call/put at the money.

Dear gdaggarwal,

1st post tells weekly R1 and S1 for trading in options only. And Daily Res. and Supp. is for trading in NF future.

Regards

 

[padhugvn]

dear ghosh,as per the 1 st post (options weekly)

r1-s1 >= 300 to 400
we have to buy call at s1 and but put at r1
example here r1=4700
s1=4300
so i will buy 2 lot of 4300 call (i considered the market is bullish)
and 1 lot 0f put 4700 k

in tat week price of 4300 call down by 25 % from my buying price at tat time i have to square offf my call but at the same time by put value increased by 15 % alone.
at tat time
tell wat ot do!!!

1. square off both put and call exit with loss
2. square off call only and carry the put alone till friday.
3.square off the 4300 call and we have to any other call and same put.

 

[[email protected]]

Ghosh sir,
Todays
nifty spot
pre.close----4732
4681-----> open 10.00
4686 ----> 10.30
4680 ----> 10.45
can we go for 4800 put due to gap down ?

regards,
som
-

 

[ghosh_ak34]

Ghosh sir,
Todays
nifty spot
pre.close----4732
4681-----> open 10.00
4686 ----> 10.30
4680 ----> 10.45
can we go for 4800 put due to gap down ?

regards,
som
-

Dear Som,

Yes, we can go for 4800 put even if there is gap up provided price at 10:30-10:45 is lesser than price at 10:00 by -20pts.

Regards

 

[ghosh_ak34]

Dear Friends,

P/L for those of you who are holding the 4700 straddle :

Written 1 lot 4700 Call at 167.95 (CMP = 141.65 P/L= Rs 1747.5/-)
Written 1 lot 4700 Put at 176.6 (CMP = 180.2 P/L= Rs -612.5/-)

Total P/L = Rs 1135/- per lot.

Hold with total SL = Rs 2000/- and Target = Rs 7000 (atleast) per lot.

Regards

Dear Friends,

/L for those of you who are holding the 4700 straddle :

Written 1 lot 4700 Call at 167.95 (CMP = 143.05 P/L=Rs 1245/-)
Written 1 lot 4700 Put at 176.6 (CMP = 168.85 P/L=Rs 387/- )

Total P/L= Rs 1632.50/-

Hold with total SL = Rs 2000/- and Target = Rs 7000 (atleast) per lot.

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 4721
Support at 4630

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

 

[tushar.shiva]

hi,
I have 1200 lots at nifty 4000 PUT taken at 140 premium
and 650 lots at nifty 4600 PUT taken at 120 premium.
What should I do ?
Thanks in Advance.
- tushar

 

[ghosh_ak34]

hi,
I have 1200 lots at nifty 4000 PUT taken at 140 premium
and 650 lots at nifty 4600 PUT taken at 120 premium.
What should I do ?
Thanks in Advance.
- tushar

Dear Tushar,

I think you should have hedged by writting 4000 puts.

Exit from loss making puts and book profit from 4600 put. Reco. to trade as per 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 4700
Support at 4535

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

 

[arti]

Hi Ghosh,

How u calculate support and resistance? In first post u asked to calculate weekly pivot, now weekly pivot for Nifty is 4675.98 so resistance at 4716 and support at 4621.But for 2morrow u have given resistence at 4700 and support at 4535, how come?

Please correct me ,did i misunderstood ur quote?