A THREAD on Saint #AmartyaSen.
A comprehensive story of how the Nobel Laureate in economics (a committed communist klutz to be precise) thoroughly botched up the revival of the Nalanda University using a mix of nepotism, incompetency, and ad hoc functioning.
Please read & share:
Visva-Bharati Land Row: This Is Why Amartya Sen, Far From Being Wronged, Is Actually In The Wrong https://t.co/pWMkOv0uvn via @swarajyamag
— Prasanna Viswanathan (@prasannavishy) December 29, 2020
Why? What was his agenda?
It has to be understood in the perspective of the ‘politics of obligation’ that Dr. Sen practices.
His letter to the EAM SM Krishna (suppressed by MEA, retrieved through an RTI) reveals why:
Enjoy flying trips and luxury hospitality, and get repeated opportunities to preach to lesser mortals - what a life!
Gopa's friend Anjana Sharma drew a salary of Rs. 3.3 Lakhs, (no central university in India offers to A. Prof)
a) Dr. Gopa Sabharwal
b) Dr. Ramchandra Guha and
c) Dr. Pratap Bahanu Mehta.
#AmartyaSen turned NU into a private estate with public money in the name of autonomy.
The varsity was granted a massive Rs 2,727 crore financial package (borne by Indian taxpayers) over a period of 12 yrs.
#AmartyaSen
https://t.co/mWGnSkRzaq
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@SundayGuardian
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• 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.
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