#ThomsonReutersCommodityIndex Need a weekly close above 222 for a BO and bigger rally to resume in #commodities

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#Metals
#Sail Hourly Chart. We could see sellers run for cover above 126. Levels of 120 could be my stop on this one. #Metals pic.twitter.com/2CNvUZbhNY
— Dare2Dream (@Dare2Dr10109801) June 10, 2021

Good morning & thank you everyone for ur wishes & blessings\U0001f64f
— Nirav S. Karia (@caniravkaria) June 19, 2021
Feeling better now as took Dolo 650 but my hand is paining a lot. (huge consumption of Dolo 650 which is manufactured by Micro Labs Ltd unlisted\U0001f600).
But one mentioned in image is really worth studying \U0001f4da\U0001f4d6 ahead \U0001f64f https://t.co/yyrkNyRGAx pic.twitter.com/MijZmCXPMQ
#TataSteel 1483/1367 #JSWSteel 733/664 #SAIL 128/112 #Nalco 86/71 https://t.co/ENmCqITEmA

Could be time to book out of large cap IT, if #Dxy continues to correct, fund flow could again chase risky assets #Banks #metals #midnsmall caps.
— Dare2Dream (@Dare2Dr10109801) August 23, 2021
Just my observation.
Below todays lows on small cap index could be game over for now. But looks like a ABC corrective done
#Hindcopper 150/109 #Hindalco 450/399 #Vedl 307/260 #Hindustanzinc 345/293

#GPIL 1420/1084 #Sardaenergy 747 / 614 #JindalPowerSteel 428/357

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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