Here comes the 3rd and final part of the long weekend 'Beginners' Pathway" series.
In this we'll see Open Interest basics and Option Chain Analysis.
The strike closest to the market price is At The Money.
I have tried to explain OTM & ITM in a very simplistic & easy manner.
More from Professor
First two are good enough, if you want to really go in depth then go for 3rd one by Al Brooks later (Its only for serious and committed learners, as its too detailed and would tire out a casual reader). https://t.co/2Vgq5gCVXL
Book name plz
— \ufe0e (@12354368ys_g) March 4, 2022
1. Darvas Box System
2. ATR based trailing
3. PSAR based trailing
4. EMA Crossover based trailing
Okay sir but dusre konse method se exit ya profit book kar sakte hai sir sry apako bohot pareshan kar raha hu but sry sir
— learner \u2600\ufe0f\u2600\ufe0f (@darvaxfan1845) March 12, 2022
I am retweeting my Beginners Pathway Thread No, 3 on Open Interest Data Analysis for benefit of all. https://t.co/cwYtbYK6JP
Here comes the 3rd and final part of the long weekend 'Beginners' Pathway" series.
— Professor (@DillikiBiili) October 17, 2021
In this we'll see Open Interest basics and Option Chain Analysis.
See Large OIl buildup kin strikes par hai and in between strikes data kaise move ho raha hai.
Thumb Rule:
Calls Reduction + Puts addition = Upthrust
Calls Addition + Put Reduction = Down move
Higher the Delta OI velocity, faster is the move.
For Nifty Intraday Traders: As of now, this seems to be a buy on dip market and looks like there won't be any juicy trades on short side. Will update if data changes. https://t.co/PCIyyPld4A pic.twitter.com/ES3o4z60rY
— Professor (@DillikiBiili) March 11, 2022
More from Optionslearnings
1. Never be Greedy in a High Vix Environment.
Sellers selling OTM get lured by higher premiums and sell near ATM or more than they usually do, this will burn your hand as High premiums also mean that you will end up giving higher premium back than usual as soom as it spikes.
2. Hope
Hope drives a man crazy and this is true for trading the most, hoping for a reversal to cut the pain. Humans have a tendency to avoid the pain and one does not accept the pain by not booking a loss
Tom Hougaard explains this well below.
https://t.co/zDbDT2hdej
3. Not having a setup in non directional Selling
You cannot make money long term if you don’t have a set of rules or adjustments in place already if you are trading long term. Make a plan or a system so that you always know how to survive. Your Position is non D not the market.
4. Getting Egoistic
Many people think they are supreme because they are selling options much likely because of the Trend on Twitter in the community,
You are a trader think like one and remain one trading a certain way does not make you better.
@SarangSood Sarang bhai according to you what number of vix is ideal for option buyers and what is that for option sellers? And is there any common number which is ideal for both?
— Dhaval bhatt (@Dhavalb55011726) July 14, 2021
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Russia hasn't been a willing partner in this treaty for almost 3 decades. We should have ended the pretense long ago.
Naturally, Rand Paul is telling anyone who will listen to him that Trump is making a HUGE MISTAKE here.
Arms control agreements are good when you have willing partners. Lightens the load on our military.
— John Noonan (@noonanjo) October 20, 2018
Russia hasnt been a willing partner in years. There will be gnashing of teeth from people who do arms control advocacy full time, but this is right movehttps://t.co/WmQE43ERCB
Rand is just like his dad, Ron. 100% isolationist.
They've never grasped that 100% isolationist is not 'America First' when you examine it. It really means 'America Alone'.
The consistent grousing of pursuing military alliances with allies - like Trump is doing now with Saudi Arabia.
So of course Rand has also spent the last 2 days loudly calling for Trump to kill the arms deal with Saudi Arabia and end our alliance with them.
What Obama was engineering with his foreign policy was de facto isolationism: pull all the troops out of the ME, abandon the region to Iranian control as a client state of Russia.
Obama wasn't building an alliance with Iran; he was facilitating abandoning the ME to Iran.
Obama wouldn't even leave behind a token security force, so of course what happened was the rise of ISIS. He also pumped billions of dollars into the Iranian coffers, which the Mullah's used to fund destabilizing activity [wars/terrorism] & criminal enterprises all over the globe