1. What is an iron fly
2. Perks and Drawbacks
3. What to do when in profit?
4. How to adjust when in loss?
5. Thread on How to keep shifting an iron fly for max credit?
6. Risk-free trades benefits
Let's dive in ↓
THREAD ON IRONFLY
— Sarang Sood (@SarangSood) December 12, 2020
These days the most preferred strategy for option sellers due to improved margins is IRONFLY. It's essentially a short straddle with long strangle. Long strangle acting as 'WINGS', which help in capping the unlimited risk associated with a short straddle.(1/n)
Thread on Iron fly\U0001f447
— Kapil Dhama \U0001f1ee\U0001f1f3 (@kapildhama) August 19, 2021
Many people ask me what is the benefit if we make Iron Fly loss free
last week we made a 35900 Iron fly, and market closed at 35500, if we didn\u2019t make if loss free then we would get max 50 points and if market fall below 35500 then we will book loss
(1/4) pic.twitter.com/8wQ1uO7zCb
Why do you sell an iron fly every Wednesday? What are the perks of doing it versus selling naked?
— Aditya Todmal (@AdityaTodmal) August 29, 2020
I sell strangles 99% of the time. No hedge.
Which one is a better strategy to make more money on Thursday opening? @SarangSood
12 TRADING SETUPS used by professional traders:\U0001f9f5
— Aditya Todmal (@AdityaTodmal) June 25, 2022
Collaborated with @niki_poojary
How to sell option?
— Mitesh Patel (@Mitesh_Engr) January 30, 2021
Here let me explain through simple math.
Say BN at 30000
30000 straddle trading at combine premium 800 ( based on current volatility)
Put at 400
Call at 400
You don\u2019t know direction. Sold both.
If move will not come than both will decrease gradually.
A THREAD:
— Aditya Todmal (@AdityaTodmal) November 28, 2020
7 FREE OPTION TRADING COURSES FOR BEGINNERS.
Been getting lot of dm's from people telling me they want to learn option trading and need some recommendations.
Here I'm listing the resources every beginner should go through to shorten their learning curve.
(1/10)
The absolute best 15 scanners which experts are using.
— Aditya Todmal (@AdityaTodmal) January 29, 2021
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
Share for the benefit of everyone.
12 TRADING SETUPS which experts are using.
— Aditya Todmal (@AdityaTodmal) February 7, 2021
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Curated tweets on How to Sell Straddles
— Aditya Todmal (@AdityaTodmal) February 21, 2021
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on Straddles
Share if you find this knowledgeable for the benefit of others.
Why few traders are going bankrupt after attaining huge success.
— Mitesh Patel (@Mitesh_Engr) September 4, 2021
Could be the following psychology.
During initial days trader is generating huge ROI with less capital.
There are many strategies in market \U0001f4c9and it's possible to get monthly 4% return consistently if you master \U0001f4aain one strategy .
— Kavita (@Kavitastocks) September 4, 2021
One of those strategies which I like is Iron Fly\u2708\ufe0f
Few important points on Iron fly stategy
Here is the detailed information of about strategy,
— itrade(DJ) (@ITRADE191) September 4, 2021
Entry time : 9.30 - 10
Exit : Upto you
Strategy :
Sell weekly ATM CE & PE at almost equal price
For ex : Sell Nifty 17250 CE at 50 and Nifty 17250 PE at 48 so it will become short straddle
If it takes 15 Long Years (180+ months) to Build the First Crore Rupees, the Second will take a Few Years Lesser. The Third will be Effortless & The Fourth Happens Seamlessly.
— Fundamental Investor \u2122 \U0001f1ee\U0001f1f3 (@FI_InvestIndia) September 5, 2021
This is the Power of Patience, Base Effect & Compounding !!!#FI