a. Bounded by two trend lines; the lower is horizontal and the upper slopes downward.
b. Prices can break in either direction but most commonly downward.
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a. Bounded by two trend lines; the lower is horizontal and the upper slopes downward.
b. Prices can break in either direction but most commonly downward.
a. Bounded by a horizontal upper trend line and an upward sloping lower trend line. Each bound is a straight trend line.
b. Prices can break in either direction, but more commonly upward.
a. Three peaks with center peak higher than the other two.
b. Shoulders should be at approximately the same level and the head higher.
c. Target is the distance from the head to the neckline projected from the neckline.
a. Trading range with support and resistance levels bounding price action.
b. Slight tilt, similar to horizontal channel.
a. Trading range with support and resistance levels bounding price action.
b. Slight tilt, similar to horizontal channel.
a. Bounded by two trend lines, each headed in the same direction. Price must touch a trend line at least five times before a breakout.
a. The falling wedge has a series of lower highs and lower lows, but the lower lows are less pronounced than the lower highs, creating more of a wedge than a triangle shape.
a. The wedge represents a pause to consolidate, with rising highs and lows in a narrowing pattern being the first sign that a bearish wedge is forming.
a. The wedge represents a pause to consolidate, with falling highs and lows in a narrowing pattern being the first sign that a bullish wedge is forming.
a. Two successive peaks separated by an opposite reversal point.
b. Either rounded or pointed peaks that are usually at roughly the same price.
c. Price must break out of middle reversal point.
a. Two successive troughs separated by a peak.
b. Either rounded or pointed troughs that are usually at roughly the same price.
c. Price must break out of middle peak.
a. Bounded by a downward sloping upper trend line and an upward sloping lower trend line. Each bound is a straight trend line.
b. Prices must touch each bound atleast twice.
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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
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• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
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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
