The Fiqh of Eid al-Adha:
1/10. The Eid Prayer is wajib. It consists of two rakats, with extra takbirs. The wisdom behind the Eid prayers, like the Eid days themselves, is to thank Allah for His countless blessings.
One pauses briefly after each takbir.
One places ones hands together, right on left under the navel, after the third and final takbir.
After this, one recites the ta`wwudh (seeking refuge in Allah from Satan),...
4/10. In the second rakat of the Eid prayer, one also gives 3 additional takbirs. These are given after one finishes reciting the...
However, if one’s imam performs them differently, one follows one’s imam: the sunnah practice has been reported in different ways, and the difference between the Sunni schools...
6/10. It is disliked to perform any prayers before the Eid prayer, whether at home or at the place where the Eid prayer is being performed.
9/10. If one joins the imam while he is in ruku`, one should perform the additional takbirs while standing if one will be able to catch...
Otherwise, if one fears not catching the imam in ruku`, one should give one’s opening takbir and go into ruku`. Then, one should recite the additional takbirs in ruku` before the tasbihs of ruku`. One does not raise one’s hands in ruku`, however.
Source: https://t.co/3nOjAzSO50
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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