Thursday, October 6, 2011

Option Trading Strategies Oct 7, 2011

  • Highest accumulation in Call option can be noticed at 5200 and Put option at 4700.
  • Highest option has been added to 4400 put and 5100 call, which may define the range
  • Support for Nifty comes around at 4700 level
  • India VIX stand at 35.37

Option Call
Buy Nifty 4800CE @ 140 for target of 157

Be careful Option trading require blazing speed in decision making, and also you need to keep in mind that it's value changes rapidly with Nifty spot. Keep strict stop loss and keep improving.

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