• Daily charts S/R
• 75 min charts S/R
• Intraday trend
• Always play directional
• Never trades in strategies
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
• Daily charts S/R
• 75 min charts S/R
• Intraday trend
• Always play directional
• Never trades in strategies
• Weekly candle High/Low
• Sell 1% away options from those
• Exit when levels breached
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
• What Data to look at
• ROI for safe players per month
• Max risk per day
• Gather knowledge and play directional
• Never play strategies
• Monthly 2% easily via index options
• With little risk 4-5%
• Beginners weekly target - 0.5%
• Consistency
• Trade fearlessly later
• Never average losers
• Remember levels of stocks
• Cut losses immediately
• Overnight positions - Control position sizing/ hedge
• 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
• Doesn't serve much purpose
• When news is priced in option premium cools
• Don't be fooled by twitter gurus
• Play strategies
• Doesn't believe in Greeks
What @Mitesh_Engr Sir does do
• Remember levels of stock/index
• Simple trading
Making 2X of his original capital per month now.
@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
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 Straddles
Share if you find this knowledgeable for the benefit of others.
1. Straddles explanation from the boss himself.
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on Straddles
Share if you find this knowledgeable for the benefit of others.
1. Straddles explanation from the boss himself.
How to sell option?
— Mitesh Patel (@Mitesh_Engr) January 30, 2021
Here let me explain through simple math.
Say BN at 30000
30000 straddle trading at combine premium 800 ( based on current volatility)
Put at 400
Call at 400
You don\u2019t know direction. Sold both.
If move will not come than both will decrease gradually.
DJ @ITRADE191 multiple chart analysis for INTRADAY TRADING.
1. Core setup
2. Pivot points trades
3. PDH/PDL trades
4. Open interest addictions combined with rejections on charts.
5. Website to confirm bias
Very quick read.
Share if you liked for the benefit of everyone.
•Main setup of @ITRADE191
He used this setup daily for all trades.
1. EMA crossover 10/20
2. Supertrend 10/3
3. Vwap
4. RSI >
•Volume always greater than
•Candle Rejecting from
•Pivot settings
1. Core setup
2. Pivot points trades
3. PDH/PDL trades
4. Open interest addictions combined with rejections on charts.
5. Website to confirm bias
Very quick read.
Share if you liked for the benefit of everyone.
•Main setup of @ITRADE191
He used this setup daily for all trades.
1. EMA crossover 10/20
2. Supertrend 10/3
3. Vwap
4. RSI >
@MiteshFan @Mitesh_Engr @Abhishekkar_ MY TRADING SETUP .... I've been using it for a long time .. result good try it \U0001f607 pic.twitter.com/XThUD0ftbl
— itrade(DJ) (@ITRADE191) June 13, 2020
•Volume always greater than
Volume Should always be above 20 pic.twitter.com/CPgxLgpPKF
— itrade(DJ) (@ITRADE191) June 13, 2020
•Candle Rejecting from
— itrade(DJ) (@ITRADE191) August 25, 2020
•Pivot settings
— itrade(DJ) (@ITRADE191) October 20, 2020
Option Selling allowed me to 10x my career and income.
Some of the Top 1% of the traders have mastered this skill.
Here are 5 threads to make you a pro today (completely free):
Collaborated with @niki_poojary
🧵
By the end of this thread, you'll learn 5 lessons:
1. Best Resources to learn option selling
2. Websites for research in FNO
3. Best Option Trading books
4. Important Patterns for directional Option Selling
5. 14 Strategies for Option Selling
Let's go ↓
14 Resources to learn Option
Best Websites to help you find opportunities in Options
Best Books on Options
Some of the Top 1% of the traders have mastered this skill.
Here are 5 threads to make you a pro today (completely free):
Collaborated with @niki_poojary
🧵
By the end of this thread, you'll learn 5 lessons:
1. Best Resources to learn option selling
2. Websites for research in FNO
3. Best Option Trading books
4. Important Patterns for directional Option Selling
5. 14 Strategies for Option Selling
Let's go ↓
14 Resources to learn Option
THREAD: 14 of the best resources/topics for anyone who wants to start option selling as a career. \U0001f9f5
— Aditya Todmal (@AdityaTodmal) March 13, 2022
Collaborated with @niki_poojary
Best Websites to help you find opportunities in Options
These 8 websites will answer 80% of your FNO research questions! \U0001f9f5
— Aditya Todmal (@AdityaTodmal) October 1, 2022
Collaborated with @niki_poojary
Best Books on Options
8 Options Trading books that every trader should read: \U0001f4da
— Aditya Todmal (@AdityaTodmal) October 2, 2022
Collaborated with @niki_poojary
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A THREAD ON @SarangSood
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.
2. Theta falls when market moves.
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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.
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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
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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
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— Sarang Sood (@SarangSood) July 3, 2019
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