Catch me if you can @Mitesh_Engr
Time for aš§µ
Mitesh Sir's EXPIRY Option Selling 101:
ā¢ What to look for?
ā¢ Strike Selection & Ratios
ā¢ SL mgmt
ā¢ Avoiding freezes
ā¢ Monthy Expiry
ā¢ Event days
ā¢ How he would have traded last expiry?
In collaboration with @AdityaTodmal
Edward de Bono says intelligence is like aš Automobile
āA powerful car may be driven badly. A less powerful car may be driven well. The skill of the car driver determines how the power of the car is used.ā
What @Mitesh_Engr Sir looks at for Expiry Trading:
ā¢ Technicals of BNF
ā¢ Individual Heavyweight stocks of BNF
ā¢ Support/Resistance of BNF on weekly TF
ā¢ Also has Superb SL management
ā¢ When it comes to adjustments, he is always on toes
How to Select Strikes to Sell?
ā¢ You can't sell based on premium
ā¢ Follow only trend
ā¢ Price action is best to sell on expiry day
ā¢ Never wait for the options to go to zero
Using Ratios to Sell:
ā¢ If BNF is in a range then strangles
ā¢ If breakout/ breakdown from a range then directional
ā¢ Selling 70/30 or 80/20 ratios
ā¢ 2 examples on how he used ratios
