More from Swapnil Kommawar
How I trade monthly short strangles for regular income
A thread 🧵🧵
Retweet 🔃🔃 for max reach
👉Short strangle means,
Selling OTM call option and Selling OTM put option
Here is a detailed thread on short strangle
👉Generally, this strategy gives good returns when market is sideways but most trader get wrong entries and wrong exist
👉Ahead of major event option price will increase because of uncertainty. We have to take advantage of that
👉As the VIX is the derivative of option price, we have to check this parameter first
When VIX is >20, it is the right opportunity to deploy short strangle
👉If we look at the weekly and monthly candles of nifty, it is easier to identify which strikes to choose
Entry conditions:
👉VIX >20
👉Choose the strikes which are 6% above and below of nifty in next month contracts
👉Combined premium should be in the range of 160-170
👉Next month contracts should be taken at the mid of current month
A thread 🧵🧵
Retweet 🔃🔃 for max reach
👉Short strangle means,
Selling OTM call option and Selling OTM put option
Here is a detailed thread on short strangle
NEUTRAL STRATEGIES
— Swapnil Kommawar (@KommawarSwapnil) August 5, 2022
If market is sideways, These strategies can be deployed
Retweet for max reach!
A Thread \U0001f9f5\U0001f9f5\U0001f9f5
👉Generally, this strategy gives good returns when market is sideways but most trader get wrong entries and wrong exist
👉Ahead of major event option price will increase because of uncertainty. We have to take advantage of that
👉As the VIX is the derivative of option price, we have to check this parameter first
When VIX is >20, it is the right opportunity to deploy short strangle
👉If we look at the weekly and monthly candles of nifty, it is easier to identify which strikes to choose
Entry conditions:
👉VIX >20
👉Choose the strikes which are 6% above and below of nifty in next month contracts
👉Combined premium should be in the range of 160-170
👉Next month contracts should be taken at the mid of current month
Generally, VWAP is used to know the strength in a buying or selling. VWAP means VOLUME WEIGHTED AVERAGE PIRCE
A thread 🧵🧵🧵🧵🧵
Retweet/like for maximum reach
👉when price starts rising it would be pulled back to VWAP line. Then buyers would again rush in to buy the stock taking price higher.
👉If we compare the CALL and PUT charts, we can identify the correct entry. On trending days VWAP acts as support/resistance.
👉If market is trending UPSIDE, VWAP acts as support in CALL option charts of ATM STRIKES and same VWAP acts as RESISTANCE in PUT option charts of ATM STRIKES
(Use VWAP on 5 minutes chart on OPTION CHARTS)
https://t.co/TLmAiypV45
👉If market is trending DOWNSIDE, VWAP acts as support in PUT option charts of ATM STRIKES and same VWAP acts as RESISTANCE in CALL option charts of ATM STRIKE
A thread 🧵🧵🧵🧵🧵
Retweet/like for maximum reach
👉when price starts rising it would be pulled back to VWAP line. Then buyers would again rush in to buy the stock taking price higher.
👉If we compare the CALL and PUT charts, we can identify the correct entry. On trending days VWAP acts as support/resistance.
👉If market is trending UPSIDE, VWAP acts as support in CALL option charts of ATM STRIKES and same VWAP acts as RESISTANCE in PUT option charts of ATM STRIKES
(Use VWAP on 5 minutes chart on OPTION CHARTS)

https://t.co/TLmAiypV45

👉If market is trending DOWNSIDE, VWAP acts as support in PUT option charts of ATM STRIKES and same VWAP acts as RESISTANCE in CALL option charts of ATM STRIKE

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#Journey : 3 Years ago I quit my well-paying job at MNC and jumped into Full-Time Trading. I going to put out everything that may help you to shorten your learning curve.
Please share your love by liking and retweeting if you find it useful to you and your followers.
I have been called Influencer. I m happy if I have been influencing in the right direction.
I have been called the trainer and am happy with that as well as not many get a chance to teach their experience.
I am putting down all the efforts I have put in these 3 years
1) Money control Article: https://t.co/Xsm1dQQvdJ
How Vishal Mehta undertook a journey from discretionary to system trading for consistent gains
@moneycontrolcom
2) F2F : https://t.co/X3z8R8VOnp
Directional Option Selling (Which has more than 11 lac View) It's a good webinar who wants to start their systematic trading journey
@elearnmarkets @vivbajaj
3) Fyers 30 Day Winning challenge 6 months in a raw:
https://t.co/wk8hKBCMPw
This is awarded when you are profitable for straight 6 months consecutively. This will help to understand the thought process.
@fyers1 @tejaskhoday
Please share your love by liking and retweeting if you find it useful to you and your followers.
I have been called Influencer. I m happy if I have been influencing in the right direction.
I have been called the trainer and am happy with that as well as not many get a chance to teach their experience.
I am putting down all the efforts I have put in these 3 years
1) Money control Article: https://t.co/Xsm1dQQvdJ
How Vishal Mehta undertook a journey from discretionary to system trading for consistent gains
@moneycontrolcom
2) F2F : https://t.co/X3z8R8VOnp
Directional Option Selling (Which has more than 11 lac View) It's a good webinar who wants to start their systematic trading journey
@elearnmarkets @vivbajaj
3) Fyers 30 Day Winning challenge 6 months in a raw:
https://t.co/wk8hKBCMPw
This is awarded when you are profitable for straight 6 months consecutively. This will help to understand the thought process.
@fyers1 @tejaskhoday
The first half of 2022 has produced some great investing threads.
Here are 26 of them that are worth revisiting -
#investing
1. @sahil_vi's thread on how to screen for investment opportunities -
Here are 26 of them that are worth revisiting -
#investing
1. @sahil_vi's thread on how to screen for investment opportunities -
Such opportunities only come once in a few years.
— Sahil Sharma (@sahil_vi) February 24, 2022
Step-by-step: how to use (the free) @screener_in to generate investment ideas.
Do retweet if you find it useful to benefit max investors. \U0001f64f\U0001f64f
Ready or not, \U0001f9f5\U0001f9f5\u2935\ufe0f pic.twitter.com/A4VmmqJwI6
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THREAD PART 1.
On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah💙
He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.
On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq
"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."
Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.
On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah💙

He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.
On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq

"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."
Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.