BC ALL
Saved by @ashishra11

𝐁𝐚𝐬𝐒𝐜𝐬 𝐨𝐟 πƒπžπ«π’π―πšπ­π’π―πžπ¬ - 𝐏𝐚𝐫𝐭 𝐈𝐈𝐈

Topics covered:

β€’ Moneyness of an Option

β€’ Intrinsic value & Time value of an option

β€’ Why Intrinsic value & time value matters

β€’ Implied Volatility

Time for a 🧡

Curated in collaboration with
@AdityaTodmal

 β€’ Moneyness of Option contract:
β€’ ITM option
β€’ ATM option
β€’ OTM option
β€’ Intrinsic Value of an option:
β€’ Positive payoff for the buyer
β€’ Intrinsic value of ITM CE options = Spot- Strike
β€’ Intrinsic value of an:
i) ITM for a CE option: Positive
ii) ATM for a CE option: Zero
β€’ Intrinsic value is never Negative
β€’ Option Chain data representing ATM, OTM & ITM
β€’ Example of Intrinsic value of a CE option
β€’ Example of Intrinsic value of a PE option
β€’ Lets not mess up our heads trying to understand greeks
β€’ Lets understand things that are useful for trading
β€’ Time value is the additional amount over & above Intrinsic value
β€’ Options having higher time to expiration has higher Time value
β€’ How Intrinsic value & Time value helps traders to understand the RR of options
β€’ Why OTMs & ATMs have lesser value than ITMs
β€’ Logic behind hero ya zero trade
β€’ ITM option premium = Intrinsic value +Time value
β€’ Implied volatility:
β€’ Volatility of a stock over the life of an option
β€’ IV impacts to both CE & PE in a similar fashion
β€’ When does IV rise?
β€’ Stock is more volatile
β€’ Stock is near to its earnings release
β€’ Major events viz. elections, budget etc.
β€’ This was a part III 🧡 on derivatives

β€’ You can check out the 2nd part here πŸ‘‡
https://t.co/7ig3QsfWkc
If you have missed to check the Part I on Derivatives

β€’ You can check out the 1st part here - Basics of DerivativesπŸ‘‡
https://t.co/j3tYdNITDZ

β€’ If you ❀️ this, why not share?

β€’ πŸ” the first tweet and help others find this 🧡

β€’ Happy learning πŸ€“ to everyone!
β€’ I curate threads on trading & finance πŸ“ŠπŸ€‘

β€’ If you found this interesting, check out various threads on our profile πŸ˜€βœŒοΈ

Follow us:

@AdityaTodmal

&

@niki_poojary

for more such interesting Threads!🧡

Have & happy & a safe😷weekend!

More from Nikita Poojary

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Subasish Pani revealed the most simple, yet successful strategy: 5EMA set up!

Here is a thread of 23 video clips on the 5EMA set-up that will save you hundreds of hours and available to you for no cost!

5EMA set-up: 🧡!

Collaborated with @AdityaTodmal

1/Don't hate on any style:

β€’ Admire the fact that money can be made from intraday, scalping, positional, option buying, selling, futures, etc

β€’ Try to understand which one fits you the most and apply that, then ignore the rest!


2/ System with a R/R of minimum 1:3:

β€’ Here is a system that works for investing, scaping, positional, options buying and selling, futures etc.

β€’ The R/R of this set up in intraday is 1:3 & for investing can go beyond.


3/ Why EMA over SMA? :

β€’ Exponential moving average is used, as it places a greater weight and significance on the most recent data points.


4/ 5EMA moves very close to the prices:

β€’ Mean reversion theory: Asset prices usually tend to go back to normal or average levels after an extreme price move.

β€’ Prices routinely oscillate around the mean but tend to return to that same average price over and over.
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Nikita Poojary
Nikita Poojary
@niki_poojary
I have recd a lot of queries on exactly which video did Subasish Pani taught this set up..
Folks you can check his y'days video

Although, I have learnt this extended move set up from @iManasArora πŸ™Œ

Do follow him & check his timeline for such set ups!


I shorted the ATM CE's which Subasish Pani does, and hence I mentioned strike selection inspired by Mr. Pani!
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Nikita Poojary
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One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧡 to learn the above from @iManasArora

What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book


Post that the plight of the


Example 2: Booking profits when the stock is extended from 10WMA

10WMA =


Another hack to identify extended move in a stock:

Too many green days!

Read
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@niki_poojary
#NIFTY

Bearish engulfing on monthly or bullish harami on Weekly , which one will play out?

Outlook for the week Jan 2 - 6, 2022.

THREAD: Deconstructing NIFTY on 5 different TF's.

#NIFTY

1. Monthly TF:

β€’ Although the structure in monthly TF is of HH-HL, December monthly candle is a more of a bearish engulfing.

β€’ However it is exactly at the support

β€’ 17800-18000 looks like a strong support.


#NIFTY

2. Weekly TF:

β€’ 17800- 1800 used to be a resistance in April & August 2022.

β€’ However post BO of those levels, they might act as an immediate support.

β€’ Current weekly candle is closer to the support (erstwhile resistance)


#NIFTY

3. Daily TF:

β€’ After a sharp vertical fall, we expected a buying momentum

β€’ Also Nifty filled the Gap.

β€’ Strong support at 17800


#NIFTY

4. Hourly TF:

Moving within the rising channel, albiet the channel is quite steep.
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Nikita Poojary
Nikita Poojary
@niki_poojary
Thread: Free Options Trading Course for Beginners with small capital.

Reference: Option trading marathon series, part 1 from Mr. Subasish Pani ft. @PushkarRThakur

Collaborated with @AdityaTodmal

1/ Trading journey of Mr. Pani

β€’ He has an experience of 7 years.

β€’ He has made a profit of Rs. 20 cr. over these years with a capital of Rs. 2 cr.

β€’ However, it's not easy to make such profits.

β€’ More difficult, is to retain those profits and build more on it.

2/ How he ventured to options selling

β€’ He started with futures and option buying however after a certain point when his capital grew, he faced scalability issues and hence he resorted to options selling.

3/ Investing becomes imp once the capital grows:

β€’ Since his trading profits have grown well, he has started investing (investing is always for LT).

β€’ For folks who dnt have much info regarding investing can simply buy Nifty 50 stocks & keep rebalancing as Nifty 50 does.

4/ Covered calls strategy for the portfolio:

β€’ Pledge the portfolio and receive margin ~80% which he would then use to sell OTM CEs of the stocks which are in his portfolio.

β€’ This helps in generating fixed income from the portfolio.
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It is said that the one who bears the dust thrown from the hoof of Gaumata on his head, as if taking a bath in the water of the teerth sthalam and getting rid of all sins.


Ved and all other Hindu scriptures venerate the cow. The Vedic dictionary, Nighantu, gives amongst other synonyms of 'Gau' [ or cow] the words 'Aghnya', 'Ahi', and 'Aditi'.

Yaska the vedic decoder and commentator on Nighantu, defines these as-

Aghnya β€”β€” the one that ought not to be killed
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------------------------------------

These are the two guards guarding the Wealth and Treasure of Lord Sri Venkateswara.

They are representatives of two treasures of Kubera, the God of Wealth.


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APIs in general are so powerful.

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Did you know?

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,


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Thiruvairanikulam Mahadeva Temple
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Temple is known as Sabarimala of Women

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Vigraham existed in another place called Iranikulam. A Namboodiri of Sreemoolanagaram used to visit the Iranikulam temple regularly. Akavoor Chathan, a boatman will take him to the Iranikulam temple and back. Because of Bhakthi of Namboodiri, Shiva traveled with him to his place.


Akavoor Chathan identified Siva chaitanyam and their family built a temple here. Parvati devi herself will cook Nevidyam here for Shiva, which was witnessed by a priest. Devi was angry at this and decided to leave the place. But when the priest offered his sincere apologyπŸ‘‡


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Temple Nada opens today night.
Picture credit: Google.
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