this study uses the standard deviations of an anchored VWAP from the previous ATH to project possible outcomes of the current bull run.
Price has been moving significantly similar to the 2017 run as it can be seen on the following charts.
When #Bitcoin Net Unrealized Profit/Loss (NUPL) hit this level in 2017, $BTC was at $2,000 \u2013 and made a 10x from there, large dips included.
— Rafael Schultze-Kraft (@n3ocortex) January 4, 2021
No, history doesn't repeat \u2013 but it's helpful to put things into perspective, and see where this could go.
Chart: https://t.co/fkWRJWAqjw pic.twitter.com/COHb6IayTA
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.
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
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
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