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
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)
Already explained strategy of #opendrive
— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
So today we will discuss two more price action setups to get good long side trade for intraday.
— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
#nifty
— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5
A THREAD:
— Aditya Todmal (@AdityaTodmal) November 28, 2020
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)
The absolute best 15 scanners which experts are using.
— Aditya Todmal (@AdityaTodmal) January 29, 2021
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
Share for the benefit of everyone.
12 TRADING SETUPS which experts are using.
— Aditya Todmal (@AdityaTodmal) February 7, 2021
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Curated tweets on How to Sell Straddles
— Aditya Todmal (@AdityaTodmal) February 21, 2021
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.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020
15 Learnings from Power of Stocks: \U0001f9f5
— Aditya Todmal (@AdityaTodmal) January 23, 2022
Collaborated with @niki_poojary
