Hi pankaj, Sure, Firstly, avoid current month options after 15th of every month as time decay factor eats all the premium[extrinsic value] left in it, it's best to shift into next month's but as of now wait for 1-2 days, let the market settle some where.
Axis has resistance @1212/1230, if crosses it may rise to 1270/1300 levels and has strong support @1150/1115, if breaks, it may fall further. Wait for some more time and meanwhile, just watch it's movement till expiry to know wht happens to current month options on Thursday.

Hi pankaj, Forgot to say one more thing, don't hold the options for more than 1 week or hardly 10 days as they were too hazardous/dangerous to carry-on due to many factors/reasons as well as they give good hand-some returns some times with less investment if u hold for specific time-period by conforming the trend of that particular stock/index in coming days. Trade in less quantity/amount in options. Good luck. GN :)

The markets are likely to begin the week on a weak note, taking cue from the 205 point slump in the Dow on Friday night. Ironically the hammering came on the 25th anniversary of the 1987 crash in the Dow that came exactly on the same date.
However, the slide in the Dow should not bother you too much. On Friday evening the SGX Nifty was down just 25 points when the Dow was trading down 190 points. While the TCS numbers that came after the markets closed Friday are in the SGX indicator, there are two other Nifty companies reporting their results later on Saturday - Bajaj and Ultratech, which are yet to be discounted.... hdfc securities.

Dear CB,

How do you read Apollo Tyres.
Seems this one has corrected well and see a decent up move from 84 levels?
Will you suggest a entry in this considering its value now?
This is for 2-3 months holdings.

Hi raj, U can not roll-over the options.
There is no way to "rollover" a options except to buy another call option of next month. The intrinsic value of a call option that's out of the money close to expiration is for all practical purposes becomes zero, hence u need to sell before it happens.
Suppose, If you bought the call option thinking it's something that you can sell at a later date for more then you've missed the boat entirely especially given that the extrinsic value decays as the option approaches expiration. The one thing you are sure of with options is that the speculative component of the pricing (extrinsic value) dwindles to zero with time.
Secondly, It's simple to know abt the options theory,
In-the-Money (ITM), Out-of-the-Money (OTM), and At-the-Money (ATM) are three terms used to describe the relationship between an option’s strike price and the current price of the underlying stock.
A call option is considered to be In-the-Money (ITM) when the stock is trading higher than the option’s strike price, Out-of-the-Money (OTM), when it is trading for less than the option’s strike price, and At-the-Money (ATM), when it is trading at exactly or very close to the option’s strike price. Hope u got the required information.

Hi raj, we cannot roll over in options segment

Hi cvrprakash, apollo is near strong support levels of 82. if breaks it could test 78. for now its best to wait. markets could see some profit booking

Hi raj, if a stock is trading at 100, then a 95pe and 100 or 105ce are in the money options. they are near the current stock price. and options of 80pe or 120ce are out of money options.

Hi wajeed, Not sure of that, need to wait till Asian markets opens in the morning, anything may happen tomorrow.
It's best to wait and watch in practical rather than guessing/imagining IMO. GN :)

Hi CB, Good night and best of luck for your tomorrow's trading.

hi cb/being human
thanks for information