So many free content available on Option trading, still very few are able to trade in options successfully.

Here is a master thread that will help a beginner to learn about Options Trading.

A complete course worth Rs 50K for free 🧵:

People say that Part Time Trading is not easy.

I am a Part Time Trader for more than 7 years and I have been using most of these tricks in my own #trading.

Here are some free hacks for a Part Time Traders to generate additional returns along with their Job/Business 🧵:

1/ First select in what instrument you will trade or invest:

This question can be answered depending on the skills and your edge in trading.

I have my edge in Option Selling and Positional Trading.
So divided my capital in half in these two.

Note: It is not necessary to jump into Futures and Options Trading just looking at lucrative profit screenshot.

Always protect your capital and don't take huge risk.

Generate returns that give you peace of mind.

2/ Let's say you pick up Option Trading as edge.

Then you should have a proper setup that you will trade. It can be intraday or positional.

For Intraday, put alerts and Stoploss order in the system always.

For Positional as well, use alerts at Target Level or Stoploss.

3/ Let's say you pick up Cash Trading.

Then you will have to do all the chart analysis one day before. Then wait for your entry to get triggered in any stocks.

For that simply use alerts and you get notify if entry is triggered.

There are various Options Greeks like: Delta, Gamma, Vega, Rho, Theta.

A complete guide on how these #Option Greeks impact option price.

1/ Delta:

Delta is a measure of the sensitivity of an option’s price changes relative to the changes in the underlying asset’s price. In other words, if the price of the underlying asset increases by 1 points, the price of the option will change by delta amount.

Call option has positive delta, and put option has a negative delta.

As the options become ITM, the value of delta tends towards +1 for call and -1 for put.

Delta is important greeks to determine the hedge ratio for investors who want to hedge their portfolio.

2/ Gamma:

Gamma (Γ) is a measure of the delta’s change relative to the changes in the price of the underlying asset.
If the price of the underlying asset increases by 1 points, the option’s delta will change by the gamma amount.

Long options (call/put) have positive Gamma.

Gamma decreases as options move away from ATM, i.e. as options become OTM/ITM.

Think like this, Delta is basically the velocity and gamma is acceleration as taught in the physics.

Google Sheet is a powerful tool and over 2 billion people use it in the world 🌎

Most people don’t know how to use it for TRADING and INVESTING purposes 📖

Top Google Sheet features every trader should know in this thread 🧵:

How you can use some secret features of Google Sheet and Google Finance in your trading together?

5 things that a trader should know and implement:

GOOGLEFINANCE(ticker, [attribute], [start_date], [end_date|num_days], [interval])

The above function is a basic one.

Let's decode each parameter in this:
⚡️ Ticker: This is the symbol of the stock.

"NSE: RELIANCE" is the ticker for Reliance Industries

⚡️ Attribute:

The attribute to fetch about ticker from Google Finance and is required if a date is specified.

The following data can be fetched:
-Open
-Close
-High
-Low
-Volume
-Market Cap
-Price (Ltp)
-52-week high
-52-week low
-Change in price

⚡️ Start_Date (Optional): The start date when fetching historical data.

⚡️ End_Date|Num_Days (O): The end date when fetching historical data, or the number of days from start_date for which to return data.

⚡️ Interval (O): The frequency of returned data; either "D" or "W"