BC OPTIONSLEARNINGS
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The most practical & effective resources on option trading comes from real traders

THREAD: Playbook on option selling to grow your knowledge & P/L account

Collaborated with @AdityaTodmal

 1. Basics of Option selling

• The A,B,C,D one should be aware of before taking a plunge into option selling

https://t.co/EO2DV10rmf
2. @Mitesh_Engr Sir's process for positional option selling

https://t.co/mbfA5Z9Kni
3. How @Mitesh_Engr sells options on an EXPIRY

https://t.co/E6AkO8GN2C
4. Transcript of @Mitesh_Engr Sir's “F&O Pe Charcha - Diary Of An Option Seller”

https://t.co/pUbBh0fBuD
5. Transcript of Indian Options Conclave 3.0 by Jainam Broking

@Mitesh_Engr Sir's set ups on how to trade in options during challenging times

https://t.co/xJhOXLusln
6. @Ronak_Unadkat Sir's process of option selling for overnight trades and how to manage call ratios

https://t.co/HL4dPl5Po0
7. Transcript of Indian Options Conclave 3.0 by Jainam Broking

@Ronak_Unadkat Sir's spread trades in indices

https://t.co/FKWagIaFMP
8. Option synthetics & understanding the payoff graphs
https://t.co/Mmqu2vXdtp
9. Transcript of F2F interview of Mr. Subashish Pani conducted by @Vivbajaj Sir

• Subasish Pani's process of Option selling

https://t.co/yJXFWBH63U
10. Real example on adjustments on an expiry day

• How strangles were converted into straddles

https://t.co/x6a7cd4rGk
11. Real example of selling only CE's on an expiry day

• How we decided to sell only CE 's on March 10, 2022 expiry

https://t.co/tUP6wJdFxs
Hope you discovered something new (because that's the point!)

If you did, share it with a friend

Hop back up to retweet the first tweet

See past threads here:

@AdityaTodmal
&
@niki_poojary

More from Nikita Poojary

Nikita Poojary
Nikita Poojary
@niki_poojary
I have recd a lot of queries on exactly which video did Subasish Pani taught this set up..
Folks you can check his y'days video

Although, I have learnt this extended move set up from @iManasArora 🙌

Do follow him & check his timeline for such set ups!


I shorted the ATM CE's which Subasish Pani does, and hence I mentioned strike selection inspired by Mr. Pani!
SCREENERS
Nikita Poojary
Nikita Poojary
@niki_poojary
90 million active demat accounts in India.

Less than 1% understand Fibonacci retracement.

This mega thread will help you understand better—starting today:

Collaborated with @AdityaTodmal

1/What is Fibonnaci (Fibo) retracement?:

•Fibo retracement levels help us to identify potential reversal area or identifying potential entry point after a pullback.

•It represents various levels of significance within a swing high and low.

2/How to plot the Fibo?

•Spot the recent swing high & swing low (usually a peak & a low) on a chart.

•Plot the Fibo on these points.

•You'll get 5 key levels of support & resistance (S/R) in between the peak & low.

•Key Fibonacci ratios: 23.6%, 38.2%, 50%, 61.8%, & 100%.

3/ Importance of retracement levels:

• The retracement level forecast can determine the level at which retracement is likely to occur.

• These retracement levels offer traders a favourable entry to open new trades in the direction of the trend.

4/ When to apply Fibo:

•Fibonacci analysis can be applied when there is a noticeable up-move or down-move in prices.

•Applying it in range bound markets would turn out to be a futile exercise.
FIBONACCI , ALL
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Nikita Poojary
Nikita Poojary
@niki_poojary
Full Price Action Course in this thread 🧵

This course is worth 50k

Collaborated with @AdityaTodmal

1/ How to read Candlestick:

Green/Blue candle indicates buyers candle & red candle indicates sellers candle


2/ 24 candlestick patterns explained

3/ Price Action (PA) trading:

PA helps to predict market movements by spotting patterns or ‘signals’ in the price movements of an underlying market.

Learn different price action strategies

4/ How to plot Support &
TRADING , ALL
Nikita Poojary
Nikita Poojary
@niki_poojary
How to make 1% consistently via Option Selling?

• Analyzing the trend
• Selling OTM's
• Making adjustments
• Capturing trending move
• Without big drawdowns
• Right Position Sizing
• Risk Management

Here are the 11 aspects to focus on:

Collaborated with @AdityaTodmal

1. Analyze the trend:

To begin with, determine whether Bank Nifty is trending, consolidating, or stuck in a range.

Why?

Cause we can predict what it will do then.

2. How many points to capture?

The margin required for selling one lot is around Rs. 1.5 lakh for a strangle.

If we earn around Rs. 1500 on one lot, we would make 1% return on our capital.

1500/25 = 60 points

Either sell directional 60 and make it zero.

Or 30-30 both sides.

3. How do we begin in the weekly expiry?

Can tend to skip Friday's as there are two days holiday.

In those 2 days market has ample time to come out with news, react to SGX and so forth.

So from a R:R perspective it is not great to carry from Friday.

Even the decay isn't huge if you see unless there's a big gap and you are on the correct size of it.

The Weekly candle also is from Monday to Friday.

So at Friday EOD we know how the weekly candle looks as well.
OPTION SELLING
Nikita Poojary
Nikita Poojary
@niki_poojary
Since April 2019, I've been a full-time trader.

Have been selling index options on weekly basis for the past two years and consistently making returns.

Option Selling 101 course worth 50k for FREE 🧵

Collaborated with @AdityaTodmal

1. Know where the market won't go:

Our minds are usually wired to be curious about where a stock or an index will move. ,

However, when it comes to option selling, we need to know where the market certainly won't go.

2: Theta/ Time Decay:

Option is a wasting asset, hence theta/time decay is a friend of option sellers.

Option sellers have a natural edge because the value of the option decreases as time goes by.


3. Benefit of premium eating of OTM options:

OTMs usually have a higher probability of going to zero, option sellers try to gobble up these strikes, and adjust their positions or exit with an SL if need be.

4. When to play non - directional:

When an index is trading within a range.

Let's say, BNF is trading within a range of 44000-42500 then one can look to sell CE options of 44k and above and PE strikes of 42500 and below.
ALL

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itrade(DJ)
itrade(DJ)
@ITRADE191
https://t.co/DufJbAgG7J
OPTIONSLEARNINGS
Aditya Todmal
Aditya Todmal
@AdityaTodmal
If you use it right, Iron Fly is the most solid risk-defined strategy in trading.

But most people don't know how to adjust the strategy when it goes wrong.

Here are 7 adjustments you can do to lower risk and increase profitability: 🧵

Collaborated with @niki_poojary

0/ Who is this for?

This will greatly benefit people who freeze when it comes to managing their trades and keep booking losses.

Some trade with too much fear as well when things go wrong.

Knowing these adjustments will give you the confidence to try to manage your trades.

Most of them are to lower risk on the side the market is going in.

Some adjustments even increase the profit potential and probabilities of the trade being in profit on expiry.

Let's begin by having a look at the adjustments.

Here is the adjustment number 1 below.

1/ Don't do anything till your breakeven arrives

One reason these strategies go wrong far too quickly is due to adjusting them too frequently.

You can escape most adjustments if you simply wait for the market to arrive at your breakeven.

This will work well in monthly options.

2/ Remove Risk from Untested Side

If you've taken an iron fly and the market has gone up you can shift your put buy upwards and lock the downside risk to potentially zero.

This way you've secured one side and just need to manage the bleeding side.
OPTIONSLEARNINGS , ALL , IRONFLY RISK MANAGEMENT
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
Here are my TOP 10 BEST TWEETS of the week: 10th September.🧵

• Psychological mistakes to avoid
• Iron fly strategy
• Calenders strategy
• 3 great books on trading stocks.
• Various risks and how to manage.
• How breakout stocks behave.
• Solutions for peak margin.

Psychological mistakes to


Iron fly strategy


Calenders strategy to give you consistent


Compounding is
OPTIONSLEARNINGS
Trend is Friend
Trend is Friend
@TrendisFriend5
Before paying a hefty amount to learn options trading have a look at this here is the small of Compilation of Options trading learning Series recorded by @vivbajaj which may help you to shorten your learning curve
Caution: Compilation of series is for Serious learners only.

Trading करने से पहले ये करना जरूरी है। by

Futures और Options से बड़ा पैसा कमाने का सही तरीका Mitesh Patel का |
by

Options Calendar Trading करने का अनोखा तरीका by

Profitable Options Trading using CPR Pivot System by
OPTIONSLEARNINGS
Nikita Poojary
Nikita Poojary
@niki_poojary
Why we sold only CE's today ?

A small 🧵

Collaborated with @AdityaTodmal

• BNF reversed from 32155 (low made on Mar'8)

• One side rally to butcher the CE writers

• Gap up opening by ~1300 points

• From Mar'8 low till today open ~2800 point rally

• 2800 point rally in just 1.5days

• Trend on the larger TF still bearish

• Due to election results we decided no to carry any overnight positions

• Selling PE on the back of 2800 point rally would have been disastrous due to unfavorable R/R

• So we were very clear to short only CE's

• But then need to follow the trend

• We decided to short CE at the break of first 5min candle

• By 9.45 it started to reverse


• Spotted M pattern at the resistance and started shorting CE's thereafter i.e. post 12.12 hours
OPTIONSLEARNINGS

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