2 hours of non-stop Twitter space by @kapildhama
Topic - Data Points to check as a Option seller
Mega Thread 🧵 of all the data points to check as a option seller shared by Mr. Kapil Dhama is complied
Retweet to reach wider -Learning should never stop
\U0001f50a Twitter Space with @kapildhama for the first time— Learn to Trade (@learntotrade365) January 15, 2022
Topic - Data points to check as a option seller
Sunday ( 16/01/22 ) evening 06:00 p.m
Link - https://t.co/XMaoRfOWp4
Click on the link and set reminder #stockmarkets #trading #StockMarketindia pic.twitter.com/HRPEooa5H2
-Make your own trading system
- First identify what suits you ?
Directional or Non-directional option selling
Naked option buying/selling
-Never take more than 1% loss in intraday
-There is no specific trick in market only important is process
-Chart & Data plays a important role ( Understand to combine to identify trades/direction )
-In all trades knowing exit point is very important
Simple target for Kapil sir in straddle is 100 points in a week on BNF & Loss exit point is 50 points after adjustment (R:R 1:2)
- Simple target for Kapil sir in straddle is 50 points in a week on NF & Loss exit point is 25 points after adjustment (R:R 1:2)
Check data after 3:00 p.m Chart + Data ?
Check how is the closing ( Location of closing - Near Day high or Day low or mid of the day )
-If market is near high ( Check in data whether Near ATM PE has more writing & in CE writing whether is less at higher strike price) - It is a Probability
Once Data is bullish along with the close he choose
Strangle- Rs.70 PE & Rs.40 CE or scroll down
Strangle - Rs.50 PE with 10 lots & Rs.50 CE with 5 lots
Data should support chart . If market closing near high but near ATM PE writing is less and CE writing is more ( Chart & Data is not matching )
He never prefer Naked option entry specially for positional
He looks data in perspective of option seller
Data to check for Intraday: ( Avoid on friday because data is immature)
- After 9:30 a.m ( Check PE or CE writing is more)
- If Gapup & sustain for 15 minutes (Obviously More PE then CE writing - Better probability is bullish)
-Then need to check whether aggressive PE
- Check current day data for aggressive
-Check Near ATM how aggressive writing
-Need guts to add naked writing in near ATM
-Data created by big players so understand to judge so we can take trades(Check whether data &chart match)
-If CE writing take over PE writing nee to change the view for directional traders
-Always combine Data with charts because market is probability not certainty
-He never check PCR
What to check and
What not to check is important (spending time here is just wasting time)
How he initiate trade after Data check for directional trade?
-For directional go straddle or spread or strangle
Strangle -Rs.60 PE & Rs.40 CE ( If the directional move comes option price becomes half we get cushion)
Why he avoid MAX OI based selling on expiry?
Example 18100 MAX OI
So if price crosses 18100 panic on one leg by SL triggers as a buy order which can also lead to sudden option premium shout up ( Panic for option sellers)
But same problem of panic is very less in next strike like 18050/18100 during that spike
Why spike occurs? Because everyone become buyers because of option sellers SL triggers as buy order.
This is one main reason he avoid selling in MAX OI
MAX OI breach for him it is a option buying opportunity & not a option selling
Check the option premium before entering trades if it is not decent swift to next week
Better to sell next week expiry with Rs.60/70 premium than selling Rs.15/20 premium in current week
-In all option selling trades placing sl is important
-Data is a reservoir like in dam. Until dam is safe it is useful for nearest village
-He believe straddle means hold both leg if one leg SL hit means exit both leg
-He do combine premium SL on 100 points away straddle
Slow up or down move is more dangerous there are days without big candle nifty will be up/down 250 point
In this case let's say NF is at 18000 after a hour CMP -18100 nearest first resistance is 18120. If first resistance breaches check data
Scroll down to continue
-Whether 17900/800 PE writers are shifting higher to 18000 PE if it happens more chance of price testing next resistance ( Bullishness will continue)
Don't stay on the hope holding CE selling better to exit CE sell or shift higher
Because PE sellers will be aggressive
Don't hope for rejection get confirmation from data & charts. Until there is not confirmation avoid entering opposite direction trades
Market is dynamic not static so we need to be dynamic
More from Learn to Trade
After more than 8 years of market experience i am sharing these effective intraday strategies.
Spend few minutes of your time to understand
Thread 🧵 RT for wider reach
Intraday Strategy 1 - VWAP & Pivot Based
Vwap & Pivot Points - Trading Zones for intraday directional traders— Learn to Trade (@learntotrade365) September 10, 2022
Intraday Trading strategy for Trend followers \U0001f9f5
Support us by RETWEET this tweet to reach and benefit most traders so it can help them to gain knowledge
Scroll down \U0001f447 pic.twitter.com/L6HHsXQZpV
Intraday Strategy 2 - Price Action strategy without
Intraday Strategy 3 - Price Based
Highly effective Trading strategy which can help to follow the trend & ride the direction in BANKNIFTY ( Without Indicators)— Learn to Trade (@learntotrade365) October 1, 2022
For Option Buyers, Option Sellers & all Directional traders
Simple strategy help to make more profits
Retweet this thread \U0001f9f5 to reach many traders pic.twitter.com/dKxVmgntz3
Intraday Strategy 4 - Open Interest based
Whether OI works for intraday trading ?— Learn to Trade (@learntotrade365) September 25, 2022
Whether OI useful ?
No one has a exact answer. But one effective way to make use OI in a very different perspective - OUT OF THE BOX from Traditional method
Read the full thread \U0001f9f5
Kindly RETWEET & share so it can reach many traders pic.twitter.com/IFx13oISRW
A small thread PART -2 will be released tomorrow
Traders show your support by like & retweet to benefit all
@Mitesh_Engr @ITRADE191 @ProdigalTrader @nakulvibhor @ArjunB9591 @CAPratik_INDIAN @RajarshitaS @Stockstudy8 @vivbajaj @Prakashplutus
Chart No -2
Chart No -3
Chart No -4
Price Action Trading - Part 1
Small thread /Video
Video link - https://t.co/7V2pz0aCdx
Traders support by like & retweet to benefit all
@Mitesh_Engr @ITRADE191 @ProdigalTrader @nakulvibhor @RajarshitaS @Stockstudy8 @vivbajaj @Prakashplutus https://t.co/ZKBMSEZkTl
1/4 Engulfing Candle along with the trend. In this case bullish trend. Scroll down and check the example. Also in a video format ( Video link - https://t.co/7V2pz0aCdx )
Higher High & Higher low is common in bull market but to understand the traders strength need to read the auction in the consolidated sideways range. So I have explained a simple engulfing concept. Scroll down
Video link - https://t.co/7V2pz0aCdx
Very important thread for all option buyers 🧵
Just 5 to 10 minutes to read but it can change your trading a lot.
Support us by RETWEET this tweet to help more option buyers to gain knowledge & to avoid getting trapped from big players https://t.co/yBZ6Y7BaGx
Option Buying Simplified— Learn to Trade (@learntotrade365) August 31, 2022
Very important thread for all option buyers \U0001f9f5
Just 5 minutes to read but it can change your trading a lot.
Support us by RETWEET this tweet to help most option buyers to gain knowledge & to avoid getting trapped from big players pic.twitter.com/BaaTjJix7F
I do Intraday Live Market session via Youtube Live on all trading days - Follow us on twitter @learntotrade365
Join the Telegram channel for Live Market updates and more free content.
Main problem which most option buyers face is Option Premium erosion ( Theta Decay ). So I have shared a simple & effective process to understand the option decay during Live Market before entering option buying trades
Scroll down 👇
Follow up example from the above chart about Option premium decay during sideways market. In general most option premium erosion (theta decay) happens during sideways market.
Theta is option buyers ENEMY
Scroll down 👇
Option Buyers high probability zones while trading ATM & ITM strike prices.
VWAP helps a lot in providing data during Live Market
Scroll down 👇
The thread contain all the FREE CONTENT which I have shared so far.
Everyone support us by RETWEET & LIKE so it can reach wider and benefit many traders.
YouTube channel - https://t.co/pUUwDN7IO5
Telegram channel - https://t.co/VU0bCGjU7s
Make sure scroll down till last tweet in this thread and learn from all the below content shared related Trading.
Join the Telegram channel for live market updates
Price Action Trading Strategy for Directional traders
VWAP + PIVOT POINTS Intraday Trading Strategy for Directional traders
Vwap with Pivot Points— Learn to Trade (@learntotrade365) August 14, 2022
Intraday Trading strategy for Trend followers ( Will share also for mean reversion trader as soon as possible )
Intraday Trading Strategy Thread \U0001f9f5
Support us by Retweet to reach and benefit maximum traders
Scroll down \U0001f447 pic.twitter.com/xYPPnqWQ02
Buyers vs Sellers - To identify index direction using candlesticks charts
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When Saudi Arabia's King visited India in 1955, PM Nehru ordered all the Hindu Temples and Idols of Hindu Deities that came in Saudi King's way to be covered up.
Our temples are the architectural marvels in their own league.
Each of our temples tells the story of our rich history and cultural heritage. Was Nehru that ashamed of his own nation's heritage that he had to cover them up or there was some other reason? The answer would be best known to him only.
PM Nehru invited the then Saudi King Saud bin Abdul Aziz to India who accepted the invitation and planned a 17 day long official visit to India in 1955. Saudi King had brought a large delegation with him and he had to visit various Indian cities like Mumbai, Hyderabad, Agra,
Aligarh, Shimla, Mysore and Varanasi. However, when Saudi King reached Varanasi, Nehru ordered to cover all the temples and Idols with curtains that came in the way of the Royal Convoy. During his stay in Varanasi, Govt buildings were painted with the words "Kalma Tayyiba".
'Kalma Tayyiba' means 'There is not God but only Allah and Mohammed is his messenger'. In addition to it, Pooja and Aartis were also stopped at temples. I can call it the appeasement politics of the highest order and Nehru was indeed the greatest appeaser of all times.
There was an Asura, Kaumasura, who was doing penance to please Shiva and get a boon. To prevent him from asking for a boon, Devi Saraswati made him dumb (hence called Mookasur)
Later, Adi Parashakti slayed him and came to be called Mookambika.
It is said that Adi Shankaracharya had a vision in which Devi agreed to follow him provided he did not look back. He kept walking and was assured of her presence due to the sound of anklets. When he reached here in Kollur, he turned back as the sound of anklets had stopped.
So Devi stayed here and merged with the lingam. The place came to be called Mookambika Kshetram.
The linga has integrated on it’s left side MahaKali, Maha Lakshmi and Maha Saraswathi and on the right side- Brahma, Vishnu and Shiva.
A swarna rekha (gold line) divides this linga into left and right portion. Adi Shakthi in this Udhbhavlinga form appears only here.
Devi sits in padmasana and has 4 hands.
Adi Shankaracharya installed the Sri Chakra in front of Devi and also composed the Soundarya Lahiri here.
12 Most Powerful Hanuman Mantras
Hanuman ji is the Hindu God of strength, valor, agility, and wisdom. He is considered as the incarnation (avatar) of bhagwan Shiva. Hanuman ji is the symbol of devotion and dedication. He is the greatest devotee of Prabhu Shri Ram. 1/n
Hanuman ji is known by several names such as Bajrangabali, Mahabali, Maruti Nandan, Pawanputra, Mahaveer, and Anjaneya. Hanuman ji is the son of Bhagwan Vayu, the wind god.
God Hanuman played a prominent part in rescuing Mata Sitafrom the bondage of demon King of Lanka, Ravana.
One can worship Hanuman ji by chanting Hanuman Mantras. There are many different types of Hanuman Mantras, each fulfilling a specific purpose. Hanuman Mantras help to beget the blessings of Mahabali Hanuman for success. 3/n
Let’s explore these powerful Hanuman Mantras one by one. Here’s the list for you:
1. Hanuman Moola Mantra
!! Om Hanumate Namah !!
ऊँ हनुमते नम:
You can chant the “Hanuman Moola Mantra if you usually face problems and obstacles in your life.4/n
However, the Human Moola Mantra is also a very powerful success mantra.
It’s a Kaarya Siddhi Mantra.
It is highly advised that all those who usually face obstacles and problems in their life should chant the Hanuman Moola Mantra. 5/n
If you let it get away from you, chronic stress will lead to chronic disease and chronic disease will lead to early death
What are the best ways to lower cortisol?
1) Don't follow extreme diets
Cutting out all carbohydrates or fasting for 36 hours is going to wreak havoc on your stress hormones.
Although you may experience short term weight loss, it's going to hurt you in the long-term.
A balanced macronutrient ratio is best to aim for.
2) Get out in nature
Idc if you live in Alaska or Guatemala, connecting with nature daily will do more for your health than any biohack ever will
Reconnect to your ancestral roots and make it a habit.
Grounding/earthing, forest bathing, hikes, ocean swims, etc
You CANNOT neglect your sleep. I don't care how tough or alpha you think you are. It will eventually catch up with you.
@holisticnicola just released a great guide on sleep. Go check that out now as I read it and agree with everything inside.
MAKE THIS A PRIORITY
4) Improve your testosterone
Anything that improves your testosterone levels will decrease cortisol.
Here's a start:
-lower body fat
-sleep 8+ hours
-nutrient dense diet
-do cool shit
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Let folks have their many talents, interests and gifts. Life is far more fun with variety, loves.
A lot of folks have come to know me as an activist & I’m grateful that folks care to know me at all.
But I wasn’t born in 2014. I was a whole teacher, executive, policy person, speaker, arts and culture lover, reader, writer, woman of faith, fashion and more before 4 yrs ago 🤷🏾♀️
We rightfully complain that marginalized people are not allowed to be fully human.
But we internalize and transfer our oppression daily. It’s a smog. We all breathe it in & act it out.
And then tell WoC “girl ain’t you supposed to be a _______? Why you doing ____?”
Can I live?
And don’t go reading anything personal into this-this isn’t about me necessarily and it’s no subtweet (I try hard not to do that.)
I’ve just been observing that behavior more and more lately. Especially when it comes to marginalized folks.
Evolution should be our aspiration.
“Can’t knock the hustle” should be our anthem.
As long as someone isn’t bringing active and continual harm, why can’t they explore their many sides?
Funny there are those who think these migrant caravans were a FANTASTIC idea that's going to take the immigration issue away from you.— Brian Cates (@drawandstrike) November 26, 2018
Like several weeks watching a rampaging horde storm the fences & throw rocks at our border patrol agents & getting gassed = great optics!
This media manipulation effort was inspired by the success of the "kids in cages" freakout, a 100% Stalinist propaganda drive that required people to forget about Obama putting migrant children in cells. It worked, so now they want pics of Trump "gassing children on the border."
There's a heavy air of Pallywood around the whole thing as well. If the Palestinians can stage huge theatrical performances of victimhood with the willing cooperation of Western media, why shouldn't the migrant caravan organizers expect the same?
It's business as usual for Anarchy, Inc. - the worldwide shredding of national sovereignty to increase the power of transnational organizations and left-wing ideology. Many in the media are true believers. Others just cannot resist the narrative of "change" and "social justice."
The product sold by Anarchy, Inc. is victimhood. It always boils down to the same formula: once the existing order can be painted as oppressors and children as their victims, chaos wins and order loses. Look at the lefties shrieking in unison about "Trump gassing children" today.
To do a Namaskaar or bow before someone means that you are humble or without pride and ego. This means that we politely bow before you since you are better than me. Pranipaat(प्राणीपात) also means the same that we respect you without any vanity.
Surrendering False pride is Namaskaar. Even in devotion or bhakti we say the same thing. We want to convey to Ishwar that we have nothing to offer but we leave all our pride and offer you ourselves without any pride in our body. You destroy all our evil karma.
We bow before you so that you assimilate us and make us that capable. Destruction of our evils and surrender is Namaskaar. Therefore we pray same thing before and after any big rituals.
तं घे॑मि॒त्था न॑म॒स्विन॒ उप॑ स्व॒राज॑मासते ।
होत्रा॑भिर॒ग्निं मनु॑षः॒ समिं॑धते तिति॒र्वांसो॒ अति॒ स्रिधः॑॥
नमस्विनः - To bow.
स्वराजम् - Self illuminating.
तम् - His.
घ ईम् - Yours.
इत्था - This way.
उप - Upaasana.
आसते - To do.
स्त्रिधः - For enemies.
अति तितिर्वांसः - To defeat fast.
मनुषः - Yajman.
होत्राभिः - In seven numbers.
अग्निम् - Agnidev.
समिन्धते - Illuminated on all sides.
Explanation : Yajmans bow(do Namaskaar) before self illuminating Agnidev by making the offerings of Havi.
2/ Black holes are weird. Duh. People like to think of them as something like incredibly dense nuggets of stuff that sucks other stuff in. But they’re not like that.
3/ If you squeeze enough mass into a small enough volume, the gravity gets so intense that it’s impossible to escape them *if you get too close*. From far away, though, gravitationally they more or less act like anything with that much mass.
4/ So if the Sun turns into a black hole we wouldn’t get drawn in. In fact, we’d orbit it almost exactly the same way as we do now, though we’d freeze to death pretty rapidly, which, in the end, would still kinda suck.
5/ Black holes get weird *when you get close*. Anything with mass warps space — we feel that warp as gravity! — but black holes stretch space to its limit.
Published a new essay: The red flags and magic numbers that investors look for in your startup’s metrics – 80 slide deck included!
This was a deck that I created on my (longish) interview process with @a16z. It was a long path, starting with meeting folks at the firm 10 years ago. But the purpose of the deck was to explain how I would use my superpower in an investing context
Here's what I explain in the deck. As investors (whether angel or VC) we're often confronted with an up-and-to-the-right graph. Is it going to go up? Or down?
One solution to forecast these growth curves is the Growth Accounting Framework, where you add up New+Reactivated and subtract churned users. In each time period that gives you the difference in monthly actives.
The problem with this is that it's a lagging metric, not a leading one. We need to go one level deeper and look at the underlying loops that drive these numbers, to understand the quality.