THOUGHT EXPERIMENT: Some 70% of people, depends how you ask, accept the global emergency. Climate system destabilisation is one aspect, declining biodiversity and increasing pollution is another. I ask: what would actually *break* if humanity responded decisively? 1/
More from Climate change
On September 28, 2016, an unprecedented tropical storm progressed rapidly across South Australia. Truly - this thing was unusual. The sky folded in on itself. It tore towns to bits.
Australia's @climatecouncil pointed out that the storm was so unusual at least partly due to the influence of climate change, and that this is due to get worse.
https://t.co/76ekkfJpR8
I'm going to use brief snippets from my book to fill this out! The storm's primary impact on the grid was the destruction of several major transmission lines. When I say destruction - I mean they snapped like twigs.
Here's what happened in the following seconds:
- A voltage spike from the line falls
- Wind turbines automatically shut off due to software settings that trigger shutdown during a spike
- The interconnector to Vic tried to compensate, failed and died
- All of SA blacked out
Watch along:
Just 15 mins until the launch event for our new advice to Government on the Sixth Carbon Budget. If you haven\u2019t registered, you can watch live on YouTube from 10am. Link: https://t.co/PjlcIDSYEC #UKCarbonBudget pic.twitter.com/1zOTfmxDVp
— Climate Change Committee (@theCCCuk) December 9, 2020
Will tweet along snippets. Pretty relevant to...............everything, really. #UKCarbonBudget
"Instead of being just a budget, it's a pathway we have to tread to reach net zero in 2050" @lorddeben
Just like quite a few other modelling exercises, CCC use a spectrum between behaviour change and between technological change. #UKCarbonBudget.
Both = best (just like @AEMO_Media's Step Change scenario in their ISP)
'Balanced' is what they use for their recs. "We're doing 60% of the emissions reductions in the first 15 years, and then 40% in the next".
The slinky kitty curve....good to see. No evidence of delaying action to Dec 29 2049, here. #UKCarbonBudget
"By front loading, we're minimising the UK's contribution to cumulative emissions" - really important point. A slow path to net zero - more climate harm than a fast one. #UKCarbonBudget
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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