BC OPTIONSLEARNINGS
Saved by @SAnngeri

12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

 @niki_poojary Here's what you'll learn in this thread:

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 ↓
@niki_poojary 1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped risk.

(@jigspatel1988)

https://t.co/VDcvtPikoC
@niki_poojary @jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data

Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual legs.

(@jigspatel1988)

https://t.co/T31Ly4Cgjq
@niki_poojary @jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's low.

(@Pathik_Trader)

https://t.co/NP21EMsBd7
@niki_poojary @jigspatel1988 @Pathik_Trader Here are the backtesting results of the open Drive strategy.

https://t.co/KSmj0B9lsA
@niki_poojary @jigspatel1988 @Pathik_Trader 4/ Setups on PDC and PDH (Previous Day Close/High)

This is an intraday set up to be used on the long side.

Both PDC and PDH will be used as supports.

2 examples are given for better understanding.

(@Pathik_Trader)

https://t.co/DkqJi5DBrC
@niki_poojary @jigspatel1988 @Pathik_Trader 5/ High Probability Reversal Setup 80-20

This is a setup for Swing traders.

Another setup involving decision points.

(@Pathik_Trader)

https://t.co/0WldTmZOli
@niki_poojary @jigspatel1988 @Pathik_Trader 6/ Fake Paradise (Reversal Setup)

The setup uses a 20-day high or low with conditions to catch reversals with good Risk Reward.

R:R is so good, that even 1:5 Risk Reward trades are possible.

7 examples have been shown in this setup.

(@Pathik_Trader)

https://t.co/O6tqhmdB7J
@niki_poojary @jigspatel1988 @Pathik_Trader 7/ Open = High or Open = Low Setup

(@Pathik_Trader)

https://t.co/bsV2y1hZnD
@niki_poojary @jigspatel1988 @Pathik_Trader 8/ Trapping Inside Bar (Positional Setup)

Wait for Nr4+ib to fail & catch it and execute the trade the next day.

NR4 = Narrow Range for 4 days

IB = Inside bar

(@Pathik_Trader)

https://t.co/DdAEUTnn9t
@niki_poojary @jigspatel1988 @Pathik_Trader 9/ Straddle setup

Opening within previous day range

Straddle premiums below 20 sma

(@sourabhsiso19)

https://t.co/UUMrdMirPG
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 10/ Shorting high momentum stocks

(@DillikiBiili)

https://t.co/NpThuSzTbE
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 @DillikiBiili 11/ Trading Momentum stocks

(@DillikiBiili)

https://t.co/qXJPfno2T2
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 @DillikiBiili 12/ NR21-Vwap Strategy

(@jigspatel1988)

https://t.co/LTggqWJeYU
@niki_poojary @jigspatel1988 @Pathik_Trader @sourabhsiso19 @DillikiBiili That's a wrap!

If you enjoyed this thread:

1. Follow us @AdityaTodmal & @niki_poojary for more of these

2. RT to share this thread with your audience

If you enjoyed this thread here's another one:
https://t.co/Qat2AJdhyL

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1. At the start of the week

i.e. on Friday and Monday, DJ Sir prefers to sell OTM options of 50 rs premium in Nifty.

- ATM options won't decay a lot at the beginning
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- Since these strikes are 4-5 strikes away they are relatively safer


2. On Tue/Wed/Fri

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1. Intraday Trading Strategies
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Rule 1:

"Trade with a stop loss of 2% on your capital for the week."

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(1/N)

Rule 2:

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(2/N)

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(3/N)

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