BC OPTIONSLEARNING
Saved by @SAnngeri

How to sell option?
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’t know direction. Sold both.

If move will not come than both will decrease gradually.

 At day end it will come down to 720-740 if move will not come. Difference is your profit.

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.
Sell again straddle once market settle.
Now repeat same thing.

Straddle selling webinar over.
Good luck.

One can keep SL 550 for both strike to escape from sudden movement.

More from Mitesh Patel

Mitesh Patel
Mitesh Patel
@Mitesh_Engr
Pvt LTD : 25% tax
You can withdraw fund in form of salary and dividend only. Double taxation if withdraw after completion of financial year.

Partnership firm : 35% tax
Funds u can withdraw anytime. No double taxation even after completion of financial year.

Discussed with CA.


If any CA has more information they can update here.
I am moving ( principal capital) to partnership firm to avoid double taxation.

Only drawback is you have to pay more 10% tax but funds will remain on your name only and no double taxation in future. You can buy properties etc on your name.
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Mitesh Patel
Mitesh Patel
@Mitesh_Engr
Read it and practice.
How I am playing expiry trades.
MPLEARNINGS
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Mitesh Patel
Mitesh Patel
@Mitesh_Engr
Low VIX & low premium. Movement is like 20 VIX now.
Now skilled trader will earn.
OPTIONS
Mitesh Patel
Mitesh Patel
@Mitesh_Engr
What you need finally?
Money and execution power to play.
Rest SL and theta decay will take care.
PATELOPTIONSLEARNINGS
Mitesh Patel
Mitesh Patel
@Mitesh_Engr
Never trade with loan amount.
My trading is very simple. Selling option based on support and resistance. Time frame: Daily and 75 min.
Keep distance of 1-2% from S & R so one has chance to exit or adjust if trade goes against.
And last one my tgt is 4% pm. Above it bonus.
MPLEARNINGS

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Aditya Todmal
Aditya Todmal
@AdityaTodmal
Technical Analysis and 3 Strategies to deploy for Aggressive, Moderate, and Conservative Traders.

🧵Weekly Bank Nifty Analysis for 18th August Expiry:


To form a view, let's have a look at:

1. Multi-timeframe Technical Analysis
2. Option Chain Data

Also, 3 strategies to deploy for:

1. Aggressive Traders (3.36%)
2. Moderate Risk Traders (1.89%)
3. Low-Risk Traders (0.72%)


1. Technicals

Let's start by doing some basic technical analysis.

We'll look at:

• Weekly charts
• Daily charts.
• Hourly / 60 min charts.

1. Weekly-

• The market has broken out from the trendline and is extremely bullish.

• However, also note that there are 4 continuous green candles in the weekly chart.

• Until Bnf closes below the current green candle low which is 37680, bias should not be bearish.


2. Daily:

• Candlestick pattern—Bullish Marubozu on the daily timeframe.

• Chart Pattern—Gave a rectangle breakout and is running up.

Buyers are in control so until we close below the wick made today can't take aggressive bearish positions.
OPTIONSLEARNING , ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
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.
OPTIONSLEARNING , SELLINGSTRADDLES , STRADDLES
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Sarang Sood
Sarang Sood
@SarangSood
A THREAD

Topic: HOW TO TRADE IN RISING PREMIUMS SCENARIO

Option sellers specially Straddle sellers feel that rising premiums give them excellent opportunity to make easy money. So what they are seeing is the theta aspect of options & ignoring the delta/gamma/vega forces.

1/

With rising premiums come high delta moves. There is a reason why premiums are all increasing up in the first place. High uncertainty & fear is what's controlling the markets during such times. So a volatile 200 point move in nifty is always on the cards.

2/

Adjusting during such delta moves involves high slippages. Such costs go in our system & are irrecoverable. So if the ATM straddle is around 400 & after 200 point downmove, the next straddle is at 450 & the loss is not just 50points but compounded much more.

3/

Also there are chances that there is no decay throughout the day. So a straddle seller has to take that heavy risk of carrying it forward & chances of gap openings are high during such times. If converted into Ironfly, then the cost of the wings is too expensive.

4/

Thus cutting down the initial credit significantly.

There will also be very few instances when premiums don't fall till expiry day. So with each delta move the cost of holding a straddle gets accumulated & pressure keeps mounting for the stubborn option sellers.

5/
OPTIONSLEARNINGS , SARANG SOOD OPTIONSLEARNINGS , OPTIONSLEARNING
Buzz Chronicles
Buzz Chronicles
@buzz_chronicles
@RajeshK03075893 Hello! This thread is older than a week. To save it, please reply to the last tweet in the thread with the "save" keyword. Thanks!
OPTIONSLEARNING
Aditya Todmal
Aditya Todmal
@AdityaTodmal
A THREAD on . . . .

How @ITRADE191 selects strikes to trade in and how he follows risk management.

Short thread explained via pictures with the help of @niki_poojary.

1. At the start of the week

i.e. on Friday and Monday, DJ Sir prefers to sell OTM options of 50 rs premium in Nifty.

- ATM options won't decay a lot at the beginning
- With this premium reward is good
- Since these strikes are 4-5 strikes away they are relatively safer


2. On Tue/Wed/Fri

He prefers to trade in ATM or near OTM options.

- ATM options have the highest theta decay
- Since there are only 2-3 days to expiry options sellers by default have a higher probability of winning
- Huge reward if market stays flat


3. Directional/Trending days

- Capture huge profit via ATM option selling
- Futures only where he has good conviction
- Even if doesn't trend much decay will be huge
- Only on days Tuesday to Thursday


4. Which series to trade options in?

- INTRADAY trades option selling is ONLY in weekly expiry
- Option buying for hedging is done MAJORLY in next week/monthly expiry
- This way we have time to adjust
- Theta decay slower than weekly
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