https://t.co/5ySV9CK7yx

Mitesh Bhai's tweets comprises of the live case studies. Study & apply them in your trading system.
Thanks to those who have made the pdfs of Mitesh Bhai's tweets, have merged it in this single

Try to explain Nifty future trade here

A lot of people asking me about books, here the names of some books may be useful for you..

Today trade

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/

A THREAD:

7 FREE OPTION TRADING COURSES FOR BEGINNERS.

Been getting lot of dm's from people telling me they want to learn option trading and need some recommendations.

Here I'm listing the resources every beginner should go through to shorten their learning curve.

(1/10)

1st Course - TASTYTRADE

This channel on YouTube is a goldmine for people wanting to learn about options both basics and advanced. By far the best and the most popular channel out there amongst option traders.

2nd Course - OPTION ALPHA

This channel is also pretty well known amongst option traders and they have laid out the path to generate consistent income trading options.

3rd Course - PROJECT OPTION

Lengthy videos explaining the benefit of trading options and has gone through

4th Course - TASTYTRADE

Another crash course on options by tastytrade. Different strategies have been compared while some focus on trade management is also

Technical Analysis and 3 Strategies to deploy for Aggressive, Moderate, and Conservative Traders.

🧵Weekly Bank Nifty Analysis for 6th Jan 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 (1.85%)
2. Moderate Risk Traders (1.2%)
3. Low-Risk Traders (0.75%)

1. Technicals

Let's start with technicals. We'll look at:

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

1. Weekly-

• The past 2 weeks indicate that buyers have entered and are trying to lift the market up.

• 34000 was a strong support earlier too, this should hold for this week at least.

2. Daily:

• If we open flat or gap up on Monday I am expecting this to play out.
(See picture)

• If gap down happens, then the traders who are long would be in a slight panic and we need to observe the price action again after a couple of days for a broader view.