By 1891, French had already annexed Congo Brazza
Happy black history Month.
January 1st 1969, Marien Ngouabi was sworn in as the President of Republic of Congo.
But who was he? And why was he assassinated 8 years later after refusing to grant the French the oil region of Cabinda
#Thread
By 1891, French had already annexed Congo Brazza
By 1958, Congo Brazaville was on a journey to decolonization under MSA ( movement socialist African) founded by anti-colonial leaders from Tchad, Senegal, Gabon, Cameroon, Mali,..
Youlou, a liberal nationalist was seen as less of a threat compared to other anti-colonial leaders
This ended very bad for Youlou because when the people started strikes all over the country, France did nothing when the military overthrew Youlou
However he failed when he tried to make MNR the sole party of the country
Ngouabi was arrested on July 29th 1968 after criticizing Massamba's govt.
His arrest as he was loved by the military caused chaos
He cut ties with France and built allyship with the soviet Union
Unfortunately he was assassination March 18th 1977
In all matters. He was assassinated for being a menace to neo-colonialism
Read extensively about Marien on my patreon. Your support to my writings, allow me to dig about our history
https://t.co/P3QGQqi8B0
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Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020