1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
Avoid strangle selling tomorrow.
— Mitesh Patel (@Mitesh_Engr) December 23, 2020
Better to sell on reversal candle only as premium very very low for option.
\u091c\u0928 \u0939\u093f\u0924 \u092e\u0947 \u091c\u093e\u0930\u0940\u0964
Made 17K today. Carrying short strangle. pic.twitter.com/IFMN68qOaE
— Mitesh Patel (@Mitesh_Engr) November 20, 2020
I hv no idea about Greeks.
— Bnf Addict (Gaurav Vashisth) (@_GauravVashisth) June 28, 2020
I watch trend and sell option accordingly. If market seems range bound then strangles as per hourly range.
If it's already in a range and bullish then will sell naked puts. Etc
4. Avoid short strangles/straddles whenever market closes at day low/high as the probability of a big gap up/down is really high. https://t.co/hLhFPBNMI8
— Aditya Todmal (@AdityaTodmal) February 13, 2021
If you follow this things mentioned u will rarely face blackswan events while trading stock options.
— Pathik (@Pathik_Trader) February 9, 2021
One good advice if you are trading non-directional positional then strangle is always better then straddle (easy to adjust).
No need of any adjustments... Keep stops in strangle
— Pathik (@Pathik_Trader) January 2, 2020
Premium received+10% is stop
M&m
— Pathik (@Pathik_Trader) March 19, 2021
1. 750 pe sold at 11 (1st march)
Covered at 2
Sold 800 pe at 5
Stock started falling so converted into strangle by selling 900 ce at 5
Covered 900 ce at 2 & sold 870 ce at 5
Covered 870 ce at 6.55 & 800 pe at 2
Good gains overall
Sell strangles when \u23ec
— Aditya Todmal (@AdityaTodmal) March 14, 2021
1. Opening is in the middle of PDH/PDL.
2. Combined strangle chart at day low.
3. Below Vwap.
4. Below 20 MA. https://t.co/395faWrFmw
What is best way to sell strangle in Banknifty on an intraday basis
— Jig's Patel (@jigspatel1988) May 25, 2021
Simple
at 9:45 Open Option chain and check In which strike highest OI change in call side and put side
Sell both option with combine SL
Enjoy easy and simple intraday trading strategy
Today 35000CE and 34500PE pic.twitter.com/v2URWlWOBJ
@moneycontrolcom did a detailed story on my trading journey.
— Sourabh Sisodiya, CFA (@sourabhsiso19) May 26, 2020
But many couldn\u2019t read it as it needed a pro-subscription.
So here\u2019s a blog on the same :https://t.co/dwN2xieUKd#trading #journey #quant #options #algotrading #markets #OptionsTrading
Getting many DM\u2019s on how I can learn and trade like you.
— Sourabh Sisodiya, CFA (@sourabhsiso19) January 10, 2020
To be a succesful trader one needs an edge
My edge:
1)focus on selected instruments (Banknifty majorly and few stocks)
2) backtested my strategies historically (for past 10years)
(1)
Do I trade only BNF ?
— Sourabh Sisodiya, CFA (@sourabhsiso19) March 4, 2020
Other than BNF intraday , I run few other systems too.
1) Intraday Momentum
2) Positional systems
3) Vol Crush Trade etc
Goal of system trading is to run few non-correlated strategies together so that system drawdown is at the minimum.#trading #systems pic.twitter.com/mS8jFEaLUW
Options Thread
— Sourabh Sisodiya, CFA (@sourabhsiso19) December 7, 2019
How options allows to change and adjust view dynamically.
Let\u2019s understand with a live example.
Example : Nifty is at 11921 and you are bullish on Nifty.
1) Buy Naked 11900 CE(call) at 167
Breakeven : 12068
Max Loss : Rs 12555
Max Profit : Unlimited pic.twitter.com/TXMhh5HWsd
15 Learnings from Power of Stocks: \U0001f9f5
— Aditya Todmal (@AdityaTodmal) January 23, 2022
Collaborated with @niki_poojary
One of the oddest features of the Labour tax row is how raising allowances, which the media allowed the LDs to describe as progressive (in spite of evidence to contrary) through the coalition years, is now seen by everyone as very right wing
— Tom Clark (@prospect_clark) November 2, 2018
