This is the second time in one week that I have to engage with something written by a British academic on their assessment of Brexit & Ireland. In this case @HelenHet20 in @NewStatesman 🧵
More from Brexit
London intends to make use of its costly SPS regulatory autonomy. As widely anticipated, first area of divergence expected to take place in the field of Crispr technology for genome editing, area where the UK has long argued for a more liberal stance.https://t.co/btRoxU3saZ
— Emily Rees (@emilyrees_eu) January 7, 2021
Let's start off with: I don't think any trade experts are surprised by this. It is why the TCA did not do much on SPS. It is why the EU did not offer much on SPS. It is why the UK did not ask much on SPS.
But it also shows that the popular slogan "after Brexit we'll have the same standards as before, so why would anything change in trade" was wrong - and worse, it was purposefully trying to stifle a necessary debate.
And this leads me to the next point: I have no issue with changing the rules, I have a massive issue with how it is done. Here's what we should discuss:
The decisive question: What are the standards the UK as a country wants. To inform this debate, we need the following information:
Disgraceful and shabby if true: not only ideologically blinkered, but ashamed to admit its ideological blinkers and their consequences. https://t.co/7PgOEogTlA
— George Peretz QC (@GeorgePeretzQC) January 9, 2021
The position that we now have now (no relevant provisions under the TCA) is complicated. For EU musicians visiting the UK see
See here a summary of what is permitted from U.K. POV. https://t.co/HkdRlubySr
— Luke Piper (@Pipermigration) January 10, 2021
In essence the UK permits foreign (including EU) nationals to stay up to 30 days to carry out paid engagements, but they must (a) prove they are a professional musician and (b) be invited by an established UK business.
Either condition could be tricky for a young musician starting out and wanting to play gigs. And 30 days isn’t long enough for a part in a show with a run.
Longer stays require a T5 visa - which generally requires you to be in a shortage occupation (play an instrument not played in the UK?) or to have an established international reputation.
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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