Option Expiry on 27 Dec 2018 how save

What steps can be taken to hold on option expiry if you know this strike price call will option how to carry forward option PE
URGENT HELP NEEDED

Hey @off2gaurav,

I guess you mean rolling over your position. Check out this support article to know more.

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Thanks for replying

But I still not got answer to rollover option position

I have option position not future

Bro you want to hold an OPTION strike beyond EXPIRY ?
I am understand right ? or Plz Elaborate your que? more in detail. :slight_smile:

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Yes exactly it is now low from my buying

I have BPCL 370 PE it is now at 5 but I bought it at 9 :frowning:

Yes exactly it is now low from my buying

I have BPCL 370 PE it is now at 5 but I bought it at 9 :frowning:

According to my knowledge, we can rollover futures, but not options contract. I think its better to close the position and accept the loss.

Correct me If I am wrong.

It is not logical (NOT MAKE SENSE) to carry-fwd OPTION as OPTION has time value decay So, firstly avoid buying OPTION last week or 10 days to Expiry.
As you are buying naked option should use SL.
IF YOU ONLY HAVE ANY STRONG REASON FOR STOCK moment use ATM or NEAR ATM STRIKE with SL.

IF NOT CLEAR JUST ASK.

:slight_smile:

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OR IF you just carryfwd STRIKE just EXIT from DEC EXPIRY and BUY JAN PE 370.

What will be the near ATM FOR BPCL

PLEASE YOU HAVE LITTLE EXPLAIN WITH EXAMPLE THAT WILL BE MUCH CLEAR
THANK

Jan Pe 370 is very costly :frowning:

Don’t think about COST If you want to earn money than think on STOCK direction.
EXAMPLE:–

NOW BPCL 370PE is ATM STRIKE YOU CAN BUY 360 PE JAN’19 or 350PE JAN’19 don’t below that.

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Thanks again for worthy suggestions sir

Crude is rising again. Up 4% now. You just might get Rs 9 price tomorrow for your option. Do exit as soon as possible at right price.

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But i am at PE position how could rising can give benefits to me
Could you please elaborate

Crude is rising so BPCL will fall

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Thanks bro

Just Sell Your Option and Buy Same Strike Option of Next Month Contract…

Your Cost Will Increase…

Lets Suppose You Bought any Stock 100CE at 2 rs
Now, What You Can do is Buy 100CE of January Expiry

Lets Suppose, You bought it at 2.5

So, Your Combine Cost Will be 4.5

:slight_smile:

Congrats!! It’s trading around Rs 9 today