when price starts rising it would be pulled back to VWAP line. Then buyers would again rush in to buy the stock taking it to price higher
Trending Day Simple Option Buying Strategy
A thread about SIMPLE OPTION BUYING STRATEGY USING VWAP
A Thread 🧵
when price starts rising it would be pulled back to VWAP line. Then buyers would again rush in to buy the stock taking it to price higher
compare the charts of CALLS and PUTS attached here to get an overall idea. This is a simple strategy that most don’t use
17000 CE, 17050 CE, 17100 CE, 17150 CE charts
![](https://pbs.twimg.com/media/FZFEhILagAADY26.jpg)
17500 PE, 17450 PE, 17400 PE, 17350 PE charts for understanding
![](https://pbs.twimg.com/media/FZFFcpkaAAEHnCZ.jpg)
STOP LOSS can be, when a FULL CANDLE open and closes below VWAP.
We can take reentry only once in a day when price goes above VWAP again
Join our Telegram channel for more such updates
https://t.co/yY38y9Eepi
More from Swapnil Kommawar
Generally, VWAP is used to know the strength in a buying or selling. VWAP means VOLUME WEIGHTED AVERAGE PIRCE
A thread 🧵🧵🧵🧵🧵
Retweet/like for maximum reach
👉when price starts rising it would be pulled back to VWAP line. Then buyers would again rush in to buy the stock taking price higher.
👉If we compare the CALL and PUT charts, we can identify the correct entry. On trending days VWAP acts as support/resistance.
👉If market is trending UPSIDE, VWAP acts as support in CALL option charts of ATM STRIKES and same VWAP acts as RESISTANCE in PUT option charts of ATM STRIKES
(Use VWAP on 5 minutes chart on OPTION CHARTS)
https://t.co/TLmAiypV45
👉If market is trending DOWNSIDE, VWAP acts as support in PUT option charts of ATM STRIKES and same VWAP acts as RESISTANCE in CALL option charts of ATM STRIKE
A thread 🧵🧵🧵🧵🧵
Retweet/like for maximum reach
👉when price starts rising it would be pulled back to VWAP line. Then buyers would again rush in to buy the stock taking price higher.
👉If we compare the CALL and PUT charts, we can identify the correct entry. On trending days VWAP acts as support/resistance.
👉If market is trending UPSIDE, VWAP acts as support in CALL option charts of ATM STRIKES and same VWAP acts as RESISTANCE in PUT option charts of ATM STRIKES
(Use VWAP on 5 minutes chart on OPTION CHARTS)
![](https://pbs.twimg.com/media/FcN1S8BaIAI-pVr.jpg)
https://t.co/TLmAiypV45
![](https://pbs.twimg.com/media/FcN1VdYaUAINGWL.jpg)
👉If market is trending DOWNSIDE, VWAP acts as support in PUT option charts of ATM STRIKES and same VWAP acts as RESISTANCE in CALL option charts of ATM STRIKE
![](https://pbs.twimg.com/media/FcN1eHFaQAElNRJ.jpg)