From the sheep that had gathered, a black one bleated, "What is wrong with a black sheep, eh?"
"Whoa!" exclaimed a rabbit, "say sheep of color."
They all agreed and threw the rabbit out.
"We are social creatures, and we don't go alone."
Somewhere inside a jungle, under the cover of lush trees, was gathered a curious collection of animals, and an old wolf was addressing the others.
"What in the whole wide world is a lone-wolf then?"
The other animals nodded.
From the sheep that had gathered, a black one bleated, "What is wrong with a black sheep, eh?"
"Whoa!" exclaimed a rabbit, "say sheep of color."
They all agreed and threw the rabbit out.
Someone suggested they block roads in protest, but they did not want to stoop to that level. "We are better than Yogendra," they claimed.
So, here they were.
"It's funny," laughed a hyena.
"We told the other wolves," said the wolf, "that the lone-human does not represent our ideology, our beliefs, our wolfity."
"You #LLRC," tittered a monkey, at which the hyena felt insulted and there was a scuffle.
"Silence!" roared a fat lion, but the beasts had lost respect for him after he kept criticizing his own leader and supported the hyenas.
"Brave, indeed," said a chicken. "He is as cowardly as a human."
Everyone laughed, but the chicken clucked in anger.
"Idiots build roads everywhere and then ask why I cross the road. And my soup is for their soul?"
"What about us?" rasped an old vulture. "Do you think we have any love for Barkha?"
"We need dignity, we beassstsss," hissed the snake angrily.
"What I suggest," neighed a horse, "is to hear straight from the human's mouth. Let's kick someone out and bring him here."
At this the rest kicked the cat out.
"You got the mouth," said an ass to the horse, "and all I got is the hole. I say, let's kick some humans. Royal pain in the humans."
"Come now," said a bat. "Don't get all human-shit crazy with such talk. We are the victim here."
"Fine," said the bird. "I am just trying to kill two humans with one bone."
"Hey!" chattered a monkey. "Stop it and get someone good to give you ideas. As they say, if you pay peanuts you get humans."
The evening sky was getting saffron.
"We are all on a wild human chase," honked a goose.
"We should take a human by the horns," bellowed a bull.
"Holy human!" mooed a cow.
"I am feeling humanish," grumbled a bear.
"It's a human race," squeaked a rat.
"We have been doing it for years to humans," said a pigeon seated on a stool. "Just look at their statues."
"So, you will do it for us?" asked the wolf.
Before the pigeons could reply, the crows cawed.
More from Kansara
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MASTER THREAD on Short Strangles.
Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
