Now case 2:
Move started.
At one points combine premium will start increasing.
Say 810.
Exit immediately. No need to do adjustment.
Let market settle.
Mitesh Bhai's tweets comprises of the live case studies. Study & apply them in your trading system.
— (DJ)itrade capital solution Private Limited. (@ITRADE191) June 25, 2021
Thanks to those who have made the pdfs of Mitesh Bhai's tweets, have merged it in this single pdf.\U0001f607\U0001f60e\U0001f607https://t.co/RLGACDY6sj
Catch me if you can @Mitesh_Engr
— Nikita Poojary (@niki_poojary) July 17, 2021
Time for a\U0001f9f5
Mitesh Sir's EXPIRY Option Selling 101:
\u2022 What to look for?
\u2022 Strike Selection & Ratios
\u2022 SL mgmt
\u2022 Avoiding freezes
\u2022 Monthy Expiry
\u2022 Event days
\u2022 How he would have traded last expiry?
In collaboration with @AdityaTodmal pic.twitter.com/9uN2vQQ4hc
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.