Catch me if you can @Mitesh_Engr
Time for aЁЯз╡
Mitesh Sir's EXPIRY Option Selling 101:
тАв What to look for?
тАв Strike Selection & Ratios
тАв SL mgmt
тАв Avoiding freezes
тАв Monthy Expiry
тАв Event days
тАв How he would have traded last expiry?
In collaboration with @AdityaTodmal
Edward de Bono says intelligence is like aЁЯЪЧ Automobile
тАЬA powerful car may be driven badly. A less powerful car may be driven well. The skill of the car driver determines how the power of the car is used.тАЭ
What @Mitesh_Engr Sir looks at for Expiry Trading:
тАв Technicals of BNF
тАв Individual Heavyweight stocks of BNF
тАв Support/Resistance of BNF on weekly TF
тАв Also has Superb SL management
тАв When it comes to adjustments, he is always on toes
How to Select Strikes to Sell?
тАв You can't sell based on premium
тАв Follow only trend
тАв Price action is best to sell on expiry day
тАв Never wait for the options to go to zero
Using Ratios to Sell:
тАв If BNF is in a range then strangles
тАв If breakout/ breakdown from a range then directional
тАв Selling 70/30 or 80/20 ratios
тАв 2 examples on how he used ratios