Intraday calls for 07-04-2014
Markets likely to open flat, Support for Nifty at 6650
Buy Aban offshore around 543, SL 536, target: 555 – (Book profit in Aban Offshore at 557)
Continue to hold Berger paints
13.45pm – Book profit in Strides acrolab at 467
SMS Alerts, no more page refreshes required
439 Responses
{ ADD YOUR OWN }Leave a Reply
Subscribe to Comments feedLatest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
Robotguy Says:
April 7th, 2014
Posted at: 1:11 pm
Hi DS, I have rarely used selling options...U can use it if you are holding some stocks which u don't want to sell for lifetime...
Suppose if you are holding say SBI in cash 1000 qty then u can always keep on selling some out of the money calls to make money....but u will hv to keep same qty as your cash holding and keep on repeating it month after month...Most of the time u will make money...
ibull Says:
April 7th, 2014
Posted at: 1:12 pm
Hi DS, sometimes short strangle on Fridays help. you get time decay to work for you on Monday, provided Nifty does not open gap up or gap down on Monday, above the strike of your CE or below the strike of your PE. Choosing a little far away strike helps and also you get 2 days time decay
DS Says:
April 7th, 2014
Posted at: 1:13 pm
HI RG,
So say I have 1000 SBI @ say 1500. If it goes upto 2000 what do i do?
Sell a 2000 CE/PE is it? Then what exactly do I need to do?
Robotguy Says:
April 7th, 2014
Posted at: 1:14 pm
Hi VJ, I had given a call to buy with stop loss of 121 as of now low is 121.25 so if u want u can buy with stop loss of 121
DS Says:
April 7th, 2014
Posted at: 1:15 pm
Hi IBull,
Can you give me some numerical examples please?
Say SBI is at 1900...so sell a SBI 2000 CE at X and a 2100 CE at Y is it?
But what happens if SBI goes up...the CE will start to rise right?
Raj Says:
April 7th, 2014
Posted at: 1:15 pm
Thank you RG sir gir your advice.Sir I have capital of 1lakh rupees.Sir what is your
view on Tata motor will it cross 420.
VJ Says:
April 7th, 2014
Posted at: 1:16 pm
Hi Robotguy, actually bought it in cash at 129.. waiting atleast to get the cost price.. any chances it will go up today ?
jackie Says:
April 7th, 2014
Posted at: 1:19 pm
GA sir ,
sir Shall i short allahabadh bank ? need to make some money for my education . would love to have your assistance regarding it .
Thanking ,
Jackie
SAI Says:
April 7th, 2014
Posted at: 1:19 pm
Hi Robotguy, why missed my query at 12 noon :(
Robotguy Says:
April 7th, 2014
Posted at: 1:19 pm
Hi DS, U shd not sell put as u r long in SBI..u shd sell call (Just check the max range how it has moved whether it has moved in range of 150 or 200 in a week or month - just add that much and sell call or check its daily average volatility and sell the appropriate strike call).
ibull Says:
April 7th, 2014
Posted at: 1:21 pm
Hi DS, no. a short strangle means you sell an OTM CE and an OTM PE and you expect the underlying to remain with both strike price. Example if SBIN is at 1900 . You sell a 2100 CE and a 1700 PE together. Your range is from 1700 to 2100. You receive both the premium of the sold CE and PE. Now if SBIN stays within this range for a few days, with each passing day, premium erosion happens in your sold CE and PE because of time decay.
Robotguy Says:
April 7th, 2014
Posted at: 1:21 pm
Hi SAI, ya sorry must have missed..as working and keeping a watch...
ibull Says:
April 7th, 2014
Posted at: 1:22 pm
Hi DS, please read WITHIN instead of WITH in the second line
SAI Says:
April 7th, 2014
Posted at: 1:24 pm
Hi Robotguy, :) why sorry............... pls dont repeat it. :)
DS Says:
April 7th, 2014
Posted at: 1:25 pm
Hi I bull,
Tx for that...but is this a fool proof strategy? What are the pitfalls?
In the above example only if it goes below 1700 or above 2100 is it?
Or are there some other hidden things that I cant fore see?
priya Says:
April 7th, 2014
Posted at: 1:26 pm
Hi RG, I am a new trader.I had a capital of 2L , but i have only 80000 now , i trade only in equity and i dont know about this put or call, is it not more risky to trade in this.Do u have any website to enlighten me about these, i want to recover what i have lost.