1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy
Let's dive in тЖУ
A thread about STBT options selling,
— Jig's Patel (@jigspatel1988) July 17, 2021
The purpose is simple to capture overnight theta decay,
Generally, ppl sell ATM straddle with hedge or sell naked options,
But I am using Today\u2019s price action for selling options in STBT,
(1/n)
Thread on
— Jig's Patel (@jigspatel1988) July 4, 2021
"Intraday Banknifty Strangle based on OI data"
(System already shared, today just share few examples)
(1/n)
#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
#ReversalSetup
— Pathik (@Pathik_Trader) May 11, 2019
80-20 setup
I am going to share one high probability reversal setup for swing traders.
Before i explain setup below are few rules.
\u25cf Stock should have body of nearly 1% on Previous Day.
\u25cf For INDEX Body should be more than 0.5% on previous day.
(1/n)
#FakeParadise#ReversalSetup
— Pathik (@Pathik_Trader) May 19, 2019
Before i share this setup, let me tell you this is not a easy setup to trade without deep understanding.
So let's discuss the setup and what does it mean!!
(1/n)
I have two different setups to trade on open=high/low.
— Pathik (@Pathik_Trader) June 14, 2019
One i have already shared which is open drive.
If i don't get open drive and i trade second setup, implementation is same as open drive but one condition is change.
(1/2)
#TrappingInsideBar#positionalSetup
— Pathik (@Pathik_Trader) June 26, 2019
Guys many of us have faced stoplosses many a times when we trade INSIDE BAR STRATEGY.
So to get very few refined setups i have made new setup which will give us few trades but quality trades.
Details below
Examples as nd when i get ll give pic.twitter.com/pCquVIeSoq
How to manage straddles :
— Sourabh Sisodiya, CFA (@sourabhsiso19) November 20, 2020
1) As bnf open was within yesterday range created a 29000 straddle at around 9:30 am
29000 PE sold at 528 and
29000 CE sold at 453#trading #OptionsTrading pic.twitter.com/aPvB0iFvkA
very important thing-
— Professor (@DillikiBiili) January 21, 2021
when to short high momentum stocks?
1. rsi- when it crosses 88 to 90 level
2 . option chain - when ever there is sharp increase in oi
at nearest strike with rsi around 88 to 90
these level will be a strong resistance
suppose-
trading setup for momentum stock-
— Professor (@DillikiBiili) November 29, 2020
1.volumes - should be minimum above 50 day avg
2. trading minimum above 150 day moving average
3.indicator- vwap and bollinger band
4.rsi should above 58
5.for f&o-fut #oi should be increased by 5 to8% of total contract in two trading session
Guys,
— Jig's Patel (@jigspatel1988) August 7, 2020
Today I am sharing how I will filter out the stock for intraday trade,
This strategy is called "NR21-VWAP" trading,
For filtering the stock I will use NR21 + Inside bar theory (its a very old but popular theory),
Filtering stock used below screener end of the day
(1/n)
I went from 20,000 to 100,000 followers in 11 months.
— Aditya Todmal (@AdityaTodmal) May 28, 2022
But most of that growth came from 9 threads - which on their own generated 46,00,000 views.
So here's a recap of those 9 threads (and what they can help you with):\U0001f9f5
Collaborated with @niki_poojary
How to sell option?
— Mitesh Patel (@Mitesh_Engr) January 30, 2021
Here let me explain through simple math.
Say BN at 30000
30000 straddle trading at combine premium 800 ( based on current volatility)
Put at 400
Call at 400
You don\u2019t know direction. Sold both.
If move will not come than both will decrease gradually.
15 Learnings from Power of Stocks: \U0001f9f5
— Aditya Todmal (@AdityaTodmal) January 23, 2022
Collaborated with @niki_poojary
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
I will give free 40 point #banknifty and 20 point # nifty strategy .
— SG (@GhoshSubhag) October 30, 2021
Don't pay me anything, just 1 like or retweet is sufficient \U0001f64f https://t.co/3R1PZZSK84
i wonder if you can make a thread bout witchcraft in malaysia.. or list of our own local gods/deites..
— r a y a \U0001f319 (@lcvelylilith) February 20, 2020
Animist ceremonies of a religious or magical nature were normally held for the purpose of divination or making a request. This would either be done at a keramat or at a shrine similar to the Thai spirit houses or Chinese roadside shrines pic.twitter.com/I1hliyi0x3
— \u2745\u1710\u170b\u1713\u170e (@uglyluhan) June 16, 2019