BC OPTIONS LEARNING
Saved by @Laveen10

A Thread on the Boss himself @Mitesh_Engr

Mitesh Sir's Positional Option Selling 101:

• How to find direction
• Which options to sell
• How to deploy capital
• Exit criteria
• What ROI he targets weekly
• What % risk he takes

Done with the help of @niki_poojary

 How @Mitesh_Engr Sir finds the direction?

• Daily charts S/R
• 75 min charts S/R
• Intraday trend
• Always play directional
• Never trades in strategies
Which options to sell in weekly expiry according to @Mitesh_Engr?

• Weekly candle High/Low
• Sell 1% away options from those
• Exit when levels breached
Position Sizing by @Mitesh_Engr Sir.

How to deploy your capital?

• First sell 20%
• Pyramid the next day
• When to exit
• What to do when view goes wrong
• What to do with idle capital
Some important tweets of @Mitesh_Engr Sir

• What Data to look at
• ROI for safe players per month
• Max risk per day
• Gather knowledge and play directional
• Never play strategies
What kind of returns should traders expect according to @Mitesh_Engr

• Monthly 2% easily via index options
• With little risk 4-5%
• Beginners weekly target - 0.5%
• Consistency
• Trade fearlessly later
Important points by @Mitesh_Engr Sir

• Never average losers
• Remember levels of stocks
• Cut losses immediately
• Overnight positions - Control position sizing/ hedge
How @Mitesh_Engr Sir determines stop loss?

• Options levels
• Bank Nifty future levels
• At that level check option price and keep that as an SL
• Rely on theta decay to help you
• This will lower your SL further
Importance of IV according to @Mitesh_Engr Sir

• Doesn't serve much purpose
• When news is priced in option premium cools
• Don't be fooled by twitter gurus
Importance of Greeks according to @Mitesh_Engr Sir 😂🔥
What @Mitesh_Engr Sir doesn't do

• Play strategies
• Doesn't believe in Greeks

What @Mitesh_Engr Sir does do
• Remember levels of stock/index
• Simple trading
Is Option selling limited profit? Look at @Mitesh_Engr Sir's explanation and think again.

Making 2X of his original capital per month now.
Power of BRUTAL compounding 🔥
Killer tweets by @Mitesh_Engr

Faster than a cheetah 🐆 surely.
@Mitesh_Engr Sir has no limits

• Doesn't have any metal blocks like 1% per week
• Aims high
This was an introductory thread on how @Mitesh_Engr Sir trades positionally.

@niki_poojary and @AdityaTodmal will be making more threads on how Mitesh Sir trades

• Futures
• Expiry Trading etc etc

Keep an eye out for those threads.

Happy learning to everyone!

__________

More from Aditya Todmal

Aditya Todmal
Aditya Todmal
@AdityaTodmal
Master Thread of all my threads!

Hello!! 👋

• I have curated some of the best tweets from the best traders we know of.

• Making one master thread and will keep posting all my threads under this.

• Go through this for super learning/value totally free of cost! 😃

1. 7 FREE OPTION TRADING COURSES FOR


2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING

Got these scanners from the following accounts:

1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX


3. 12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.


4. Curated tweets on HOW TO SELL STRADDLES.

Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
OPTION SELLING , OPTIONSTRATEGIES , CATEGORY
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Best FREE website for FNO Heatmap - ICICI DIRECT

https://t.co/honvUA9lmx

Advantages:
1. Quantitative Analysis in one place
2. Easy to find stocks where action taking place
3. Find the exact price levels at which OI is being added.

(1/5)


For example, Nifty Heatmap Can easily scan for

1. Long Build up (Price up and OI up)
2. Long Unwinding (Price down and OI down)
3. Short Buildup (Price down and OI up)
4. Short Covering (Price up and OI down)

(2/5)


1. 15 mins Built up can check in any stock
2. Easy to find Intraday Bullish and bearish trend
3. Eg of Bajaj Auto who was up 9% on Friday. Long Built up had started in the morning itself.
4. Shows the quantities also which are being traded in those intervals.

(3/5)


5. There are 25 time intervals available everyday.
6. If a stock has to go up or down a lot it will be heavily dominated in these time intervals.
7. Bajaj Auto had 14 times long built up on Friday.
8. IndusInd Bank had 13 short built ups on Friday. IndusInd fell 3.5%.

(4/5)


Some people5 check the last 45 mins data of the day too to predict the gap opening for the next day.
Data gives them additional conviction, especially if huge contracts addition is taking place.

(5/5)

---------------------------------------------------------
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
Compilation of the best learnings from @BankniftyA through his tweets.

Have compiled his:

1. Expiry day trading.
2. Trade logics.
3. Multiple Charts analysis.
3. BTST criteria for stocks.

Share if you find it helpful so that everyone can benefit.

A pdf of his moneycontrol article where you can read about his journey and how he trades.


Advice on how to not let your mood influence your decisions.


Expiry day Trading:

How to become better?

When I had spoken to him on phone he advised me to backtest all expiries and rigorously practice them again and again to develop conviction. Superb advice!


Acts based on support and resistance levels from charts
STOCKLEARNINGS
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Saving money on Taxes is a superpower.

Learn it and you can make money faster than ever.

Use these 3 Threads to master Saving Taxes in the next 5 min:

Collaborated with @niki_poojary:

First of all, you need to open a company account if you want to save the highest


1) If you are earning more than 50 lakhs, study this thread.

Listed out the benefits of trading in a corporate


2) How can Individuals save on taxes.

(@niki_poojary


3) How do fund managers and traders save on
TAXES
Aditya Todmal
Aditya Todmal
@AdityaTodmal
With a return of more than 170% & an average return of 4% on expiry days.

@Ronak_Unadkat converted 2 Cr to 5.5 Cr this year.

We met him in Mumbai & watched him do expiry trading live.

14 things to learn from him for trading FinNifty (for free):

Collaborated with @niki_poojary

(1) Small Account

First of all, let me tell you, he is trading Finnifty in only his small account.

His main expertise is Bank Nifty so he is keeping his main account only for that.

After 1 year of successful Finnifty trading, he will start with his bigger account as well.

(2) What returns to target in Finnifty?

He only trades this index for three days, i.e Friday, Monday and Tuesday.

His goal is to make 1% from here and another 1% through Bank Nifty.

This gives him a 2% week if he plays this well which is his main strength.

(3) Level-Based Trading:

He is a level-based trader, and won't book losses until his level comes.

If the level does not come, he will eat all the premiums & profit.

If the level breaks, whatever loss it shows him, he will book.

(4) How does he find his levels?

He will monitor the highest high and the lowest low of the three days i.e Fri, Mon & Tue.

Those levels he is mostly interested in shorting aggressively.

If no premiums there he will come closer.
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A long 🧵 but worth your time

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kārthik கார்த்திக் कार...
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#Thread on Gorakanathar Siddhar.

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Gorakanathar or Gorakshnath (as he’s known in the Nath Sampraday) is celebrated Guru in both Northern and Southern part of India. He’s one of the NavNath in Nath Sampraday and also 18 Siddhars of Tamil tradition. During his life, he’s travelled Indian subcontinent extensively +
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https://t.co/7QIx5CFdfJ


The paper is a good example of lots of elements of good experimental design. They validate their metric by showing lots of variants give consistent results. They tune hyperparamters separately for each condition, check that optimum isn't at the endpoints, and measure sensitivity.

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