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.
Falls where market is headed towards not on our original position.

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.

4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.

5. Monitors the Delta movement every minute to deal with fast moves.

Tries to be Delta neutral all the time through adjustments.

6. Free Workbook he uses to track greeks.


Excel workbook for learning.

7. Next time there's a long weekend, don't sell options purely to get theta decay, you might make loss as market has discounted all holidays.

Rather there should be a strong reason to sell options.

8. Expiry days premiums don't fall in the middle period.

He trades after 2 a lot.

9. Most powerful trading book he's ever read.

10. He has created a software which tells him if the adjustment cost is high/low.

11. Adjustment costs explained.

12. How to foresee volatility?

Trick to find out is when OTM options don't fall more percentage wise compared to ATM options.

That's a bad sign.

13. Signs of volatility in the markets

1. Gap openings
2. High premiums not falling systematically

14. Volatile week DOES NOT mean a volatile expiry will take place. The expiry can be calm.

15. What does vega reliasation mean?

16. How he starts selling options for the week.

Fridays 0.1 Delta (OTM)
By Thursday 0.5 Delta (ATM)

17. What's his edge in trading?
Keeps gradually scaling up his positions when in profit. This way when he wins he wins on maximum quantity.

When he loses, it's on minimum quantity.

18. Different category of days for Delta neutral option sellers.

One might know what type of day it is by identifying one of the following scenarios.

19. Good trading template for Sarang Sir.

20. How options react and what the movement of prices tell us about what's going to happen.

Important tweet, go through this.

21. His explanation to me regarding why ratio spreads should have a debit and the benefits of them in different scenarios with examples.

22. Super thread on options adjustments

23. His reply to whether greeks are necessary?

They're an intelligent way of looking ar options and also enable traders to trade complex scenarios/strategies easily.

24. His master thread.

Lovely threads on ratios/iron flies/adjustments etc are there.

You'll love this thread.

Others jargons in case you don't know.

AKBC - Aise kaise bc
NBN - Naach b******* naach 😂




More from Aditya Todmal

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

More from Optionslearnings

A Thread on How to NOT do blunders while selling Options. 🧵🪡

1. Never be Greedy in a High Vix Environment.

Sellers selling OTM get lured by higher premiums and sell near ATM or more than they usually do, this will burn your hand as High premiums also mean that you will end up giving higher premium back than usual as soom as it spikes.

2. Hope

Hope drives a man crazy and this is true for trading the most, hoping for a reversal to cut the pain. Humans have a tendency to avoid the pain and one does not accept the pain by not booking a loss

Tom Hougaard explains this well below.


3. Not having a setup in non directional Selling

You cannot make money long term if you don’t have a set of rules or adjustments in place already if you are trading long term. Make a plan or a system so that you always know how to survive. Your Position is non D not the market.

4. Getting Egoistic

Many people think they are supreme because they are selling options much likely because of the Trend on Twitter in the community,
You are a trader think like one and remain one trading a certain way does not make you better.

You May Also Like