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!

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More from Aditya Todmal

Here are my top 10 best tweets of the week: 24th September.

• Stocks to buy & hold forever
• Companies which will always be in business
• How to 10x money in 10 years?
• Feedback of company employees
• MWPL & F&O ban list explained
• Tradingview free version tricks

Stocks one can buy and hold


These companies will always keep running, no matter if recessions come or not.


26% CAGR makes your money 10x in 10


Some life
12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili

Share for the benefit of everyone.

Here are the setups from @Pathik_Trader Sir first.

1. Open Drive (Intraday Setup explained)


Bactesting results of Open Drive


2. Two Price Action setups to get good long side trade for intraday.

1. PDC Acts as Support
2. PDH Acts as


Example of PDC/PDH Setup given

More from Optionslearnings

THREAD: 14 of the best resources/topics for anyone who wants to start option selling as a career. 🧵

Collaborated with @niki_poojary

1. Best Sources of knowledge for a beginner in option selling?

Zerodha Varsity from @Nithin0dha's team & the @tastytrade financial network.

Links:

2. Top YouTube Channel for Options Learning?

Power of Stocks - Subhasish Pani

What you'll learn:
1. How to form a trading plan.
2. How to scale an account with risk-reward in option selling.
3. Technical analysis logics you can use daily.

15


3. What are the preconditions to start option Selling:

You should know technical Analysis basics like:
- Support/Resistance
- Chart Patterns
- Candle Patterns
- Dow Theory (HH, LL)

This will help you start taking high probability trades.

4. Risk Management is a must for option selling

If you don't learn to manage your risk, making money in trading is going to be an extremely difficult endeavor

Have some rules:
1. Risk no more than 0.25% per trade as a beginner
2. Risk no more than 2% in a day for the first year

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