#FreeTip
Finding Strike Prices to sell Options based on #Vix
Eg:
As on 15/06/21,
#Nifty 15869
#Vix 14.61
Days to expiry = 2
Exp Range = 15869 X (1-(14.61% / sqrt(365/2))) to 15869 X (1+(14.61% / sqrt(365/2)))
ie, 15697 to 16040;
Hence pe strike 15700, ce strike 16050;
More from HMK alias MANOJ
#Straddle #Gammascalping #Learning Success In option writing can be achieved only by adjustments based on the market developments. The same goes with straddle strategy as well. A method called gamma scalping helps to minimize potential loss in straddles. pic.twitter.com/qgSmgd8RWM
— HMK alias MANOJ (@scorpiomanojFRM) June 19, 2020
More from Optionslearnings
Many people were asking us in the comments, how we managed.
Explained transparently what we did.
Hope you get something to learn from this. 😀👍
Sep 23, 2021 - Weekly expiry, preceded by the FOMC meet and not to mention the gap up which then turned out to be a trending day
— Nikita Poojary (@niki_poojary) September 25, 2021
Here\u2019s how the strangles were converted into straddles & how the positions were managed!
Time for a Thread \U0001f9f5
Yesterday sell 14700 than 14600 than 14800 market come down sell sell 15 k call going up sell 14400 put Getting some profit buy protection 14450 pe 14950 ce now u know ur max loss now wait or do adjustment with sell upar side ce or pe it\u2019s practical knowledge not books knowledge pic.twitter.com/J5sPGClVUZ
— itrade(DJ) (@ITRADE191) May 16, 2021
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