#BajajFinance - When I say fresh High, it means this. Bajaj has started a fresh move. If the pullback would sustain then it would be the leader once again in coming bull market.

More from Bajajfinancelongterm
Was looking at #BajajFinance chart once again. I am not able to complete 5 waves yet...hmmm...\U0001f928
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) June 17, 2022
As posted earlier, the drop is still 4th (invalidation below 4500).
And target still remains open for 10K+ https://t.co/DozJzNhuuI pic.twitter.com/jPRaEQoPH3
Bajaj Finance cmp 6266, Breakout of double bottom pattern with bullish RSI divergence.
— The Anonymous Trader (@Anony_mous_Bull) July 22, 2022
Expecting levels of 6500/6750/ 7000. Support at zone of 5800-6000. Keep on radar.#BajajFinance #StockMarketindia #stocks #investing #Nifty #BREAKOUTSTOCKS pic.twitter.com/a5N0oj549T
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Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
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
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
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