What kind of trading is suitable for people who have a full time job and who can only think of trading only after office hours? Please suggest if Options trade is recommended

General
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Trading is a full time job, requires you to be on your toes, on top of things all the time.

Unfortunately the concept of part time trading does not help much.

On the other hand, investing is something that you can try. Identify good stocks, buy them at a price that you think is fair enough and stay invested.

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hello ,

option works on volatility in the price . if u are working , its better u take shares and keep it for some time with a stop loss. that wud be a better option. derivative market work on wide spread between bid and ask… that is moreover speculative… so keep a category stocks under delivery.

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Just my two cents: I do agree with comments below. However, being in the same boat as OP, I think we still have a way: options spread trading and hedged futures trading. Yes, you do need to have a directional bias (and for that, you need to learn TA) for spread trading (or be direction neutral - if you do iron condors. Strangles are not for us when we can’t cover our position, let’s say if WW3 breaks out). On hedged futures, I “assume” futures with a debit spread of options in the opposite direction can be a decent strategy - but it costs a lot of money as margin and I haven’t taken this position yet.

I am very bad with stock picking and believe that unless you have the right mindset, it is tough to be a good investor. Not my cup of tea. But it is still the best option for full-time employed, because, it only takes a few minutes to establish a position provided you are not worried about a 5-20% drop.

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I agree with Prashantha HL. For all of us who are in full time job, Option strategies works the best and is a safe bet to pick the index(s) - either NIFTY or BANKNIFTY. Ofcourse, one needs to have a directional view of the market. Pick the right kind of strategy based on your risk appetite, directional view of the market and the time to contract expiry. You make the best strategy at the beginning of the contract and take the profits on the contract expiry. Also, be prepared to take minimal loses. This way, you don’t have to spend the whole day keeping a watch on the price movements. Options strategies or hedging were designed for this purpose. At the end, my experience says one should NEVER trade naked options.

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In such a case, one should do Fundamental Analysis and pick some good stocks and invest in those stocks. Investment route would prove good for him.

Due to busy office work, he cannot put his full attention, but least he should look into the markets everyday, what kind of trend is currently set (may be for 15-20 mins during lunch break).

He should have alerts set in his mobile phone, like moneycontrol alerts etc., which could warn him in case of some serious volatility happening in the market. (so that he can act asap).

Active Day Trading may not be his cup of tea. (unless the person is sitting in BENCH)

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Try trading Gold and Silver futures because huge movement occurs after 6pm .

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Sure. You can trade Nifty as you can place an order through phone. Get some entry point for Nifty and set a profit with marginal 20 points. Place a buy order over phone and target 20 points profit…most days Nifty “runs” well and a 20 point profit won’t be difficult.

If you find difficulty in getting entry points for Nifty, you can buy tips for Nifty to be delivered through sms and at the same time, you can place order over phone…

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Simplest is go with SIP (direct option). check Bharosa club https://www.bharosaclub.com/

You will not be able to focus either at work or at trade. So my suggestion is not to try these things part time.

If you want try then you could start with full time during evening (Crude).

BR,