• He has an experience of 7 years.
• He has made a profit of Rs. 20 cr. over these years with a capital of Rs. 2 cr.
• However, it's not easy to make such profits.
• More difficult, is to retain those profits and build more on it.
Thread: Free Options Trading Course for Beginners with small capital.
Reference: Option trading marathon series, part 1 from Mr. Subasish Pani ft. @PushkarRThakur
Collaborated with @AdityaTodmal
• He has an experience of 7 years.
• He has made a profit of Rs. 20 cr. over these years with a capital of Rs. 2 cr.
• However, it's not easy to make such profits.
• More difficult, is to retain those profits and build more on it.
• He started with futures and option buying however after a certain point when his capital grew, he faced scalability issues and hence he resorted to options selling.
• Since his trading profits have grown well, he has started investing (investing is always for LT).
• For folks who dnt have much info regarding investing can simply buy Nifty 50 stocks & keep rebalancing as Nifty 50 does.
• Pledge the portfolio and receive margin ~80% which he would then use to sell OTM CEs of the stocks which are in his portfolio.
• This helps in generating fixed income from the portfolio.
• Need to have a firm commitment.
• In terms of money and in terms of how much time you would give yourself in market.
• Lets say you start with Rs. 10k.
• Buy everyday one single stock exit with Rs. 300 loss and profit of Rs. 600 with position sizing.
• Do this exercise for 30 days.
• This is to understand the process.
• Be disciplined
• Don't do system hopping
• Try to take atleast 100 trades to understand the nuances of the system, as develop discipline over the period.
• If your view is that market will go up, an option buyer will buy a CE and if the view is that market will go downside then an option buyer will buy a PE.
• Every option has a premium.
• Nifty option strikes has an interval of 50 points and Banknifty has 100 points.
• Check Option chain for more details:
- Nifty : https://t.co/5BrThceFd3
- Banknifty: https://t.co/HbPkJw310q
• Buyer makes money if the market moves in his favor.
• Option sellers make money if the market remains sideways or moves in his favour.
• Wherever the spot is sell both CE & PE of the same strike.
• Currently NF spot is at 17530, so to short a straddle one has to sell both 17550 CE & PE together.
• Net premium collected is Rs. ~330
•Premium decay happens the most on Tuesday Wednesday and Thursday
• Trade this in intraday and avoid overnight risk while learning.
• Probability of this set up is 70%
• The R/R should be 1:2
• Capital required for 2 lot of strangle is aprrox. 3 lacs
• Book out based on target or SL:
- SL: if the losses amount to Rs. 5,000 or
- Target: it if the strangle is in profit of Rs. 10,000.
• Especially when you are in learning phase.
• Also Subasish doesn't believe in adjusting the legs, its usually SL or target for him.
• Take that as a learning, as you will exactly know how much point SL you need to keep.
• How does the option premium behaves towards the expiry etc.
• Although any trader requires discipline while entering and exiting trades however option buyers requires this virtue a lot more.
• An option buyer can make money only if he can time the momentum properly.
• Usually momentum is better from 9.15- 10.30am.
• 5min TF will have more trades than 15min.
• Select the TF as per your temperament.
• If one has slightly more capital then look for trades between 1.30-3.30pm.
• 10.30-12.30pm: No trading zone.
• If you have booked losses in 3-4 trades in the morning hour then just close for the day.
• If you are in profit in the morning trade , then you can risk that profit and trade in the closing hour.
• E.g. you are using 5min TF.
• If any candle breaks the first 5min high or low buy CE or PE accordingly.
• Eg: Market gives a BO of the first 5min candle basis which you buy a CE option, but thereafter before reaching your 1:2 target it makes a downmove.
• Now exit the CE buy and buy a PE.
• If the market is in momentum then you'll be in profit.
• If your SL gets hit, then that's an indication that market is consolidating.
• If both the sides SL gets hits then better to close trading for the day.
• Focus only on 9.15-10.30am everyday.
• Thursdays when there is weekly expiry focus on 1.30-3.30 pm as well, as a strong move towards the end of expiry can fetch handsome returns.
• Performance comparison should be with oneself rather than comparing with profits of others on the SM.
Venue: Andheri East.
Go through these links and sign up for the workshop.
- FAQ here: https://t.co/l00nLRLgvN
- Registration form: https://t.co/2VdjEKPn5v
https://t.co/tDscnKiAKg
An option buyer made Rs. 58 lacs from Rs. 2 lac capital in a span of just one month (March 2020 COVID crash).
— Nikita Poojary (@niki_poojary) August 27, 2022
He is none other than Mr. Subasish Pani.
THREAD: 11 things you must know to become an option buyer.
Collaborated with @AdityaTodmal
If you did:
1. Follow us for more:
@AdityaTodmal
&
@niki_poojary
2. RT the tweet below to share this thread with your audience
More from Nikita Poojary
We have shared a lot of threads exclusively on Subasish Pani in the past year.
As this year comes to an end, here are the 11 most powerful threads on Subasish Pani exclusively compiled for you all.
Collborated with @AdityaTodmal
1/ Important concepts from Power of Stocks - Subasish
2/ Important concepts with video links of Subasish
3/ The 5 EMA
4/ The Bollinger Band set-
As this year comes to an end, here are the 11 most powerful threads on Subasish Pani exclusively compiled for you all.
Collborated with @AdityaTodmal
1/ Important concepts from Power of Stocks - Subasish
Important Concepts from Power of Stocks\u2014 Subhasish Pani
— Aditya Todmal (@AdityaTodmal) August 12, 2022
7+ years of trading experience in 14 tweets\U0001f9f5
Collaborated with @niki_poojary
2/ Important concepts with video links of Subasish
There are plenty of videos of Subhasish Pani from Power of Stocks.
— Aditya Todmal (@AdityaTodmal) April 17, 2022
You already know those.
Instead, here are 12 concepts from his videos that will make you a better trader\u2013\u2013not worse:\U0001f9f5
Collaborated with @niki_poojary
3/ The 5 EMA
Subasish Pani revealed the most simple, yet successful strategy: 5EMA set up!
— Nikita Poojary (@niki_poojary) July 3, 2022
Here is a thread of 23 video clips on the 5EMA set-up that will save you hundreds of hours and available to you for no cost!
5EMA set-up: \U0001f9f5!
Collaborated with @AdityaTodmal
4/ The Bollinger Band set-
A set up which has a minimum Risk/Reward (R/R) of 1:4
— Nikita Poojary (@niki_poojary) October 2, 2022
This set up can be used for intraday, option selling, option buying, as well as investing.
Maximum profit strategy by Subasish Pani.
Bollinger band set-up: \U0001f9f5!
Collaborated with @AdityaTodmal pic.twitter.com/aEIUVQF2XY
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To people who are under the impression that you can get rich quickly by working on an app, here are the stats for https://t.co/az8F12pf02
📈 ~12000 vistis
☑️ 109 transactions
💰 353€ profit (285 after tax)
I have spent 1.5 months on this app. You can make more $ in 2 days.
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I'm still happy that I launched a paid app bcs it involved extra work:
- backend for processing payments (+ permissions, webhooks, etc)
- integration with payment processor
- UI for license activation in Electron
- machine activation limit
- autoupdates
- mailgun emails
etc.
These things seemed super scary at first. I always thought it was way too much work and something would break. But I'm glad I persisted. So far the only problem I have is that mailgun is not delivering the license keys to certain domains like https://t.co/6Bqn0FUYXo etc. 👌
omg I just realized that me . com is an Apple domain, of course something wouldn't work with these dicks
📈 ~12000 vistis
☑️ 109 transactions
💰 353€ profit (285 after tax)
I have spent 1.5 months on this app. You can make more $ in 2 days.
🤷♂️
I'm still happy that I launched a paid app bcs it involved extra work:
- backend for processing payments (+ permissions, webhooks, etc)
- integration with payment processor
- UI for license activation in Electron
- machine activation limit
- autoupdates
- mailgun emails
etc.
These things seemed super scary at first. I always thought it was way too much work and something would break. But I'm glad I persisted. So far the only problem I have is that mailgun is not delivering the license keys to certain domains like https://t.co/6Bqn0FUYXo etc. 👌
omg I just realized that me . com is an Apple domain, of course something wouldn't work with these dicks
1/12
RT-PCR corona (test) scam
Symptomatic people are tested for one and only one respiratory virus. This means that other acute respiratory infections are reclassified as
2/12
It is tested exquisitely with a hypersensitive non-specific RT-PCR test / Ct >35 (>30 is nonsense, >35 is madness), without considering Ct and clinical context. This means that more acute respiratory infections are reclassified as
3/12
The Drosten RT-PCR test is fabricated in a way that each country and laboratory perform it differently at too high Ct and that the high rate of false positives increases massively due to cross-reaction with other (corona) viruses in the "flu
4/12
Even asymptomatic, previously called healthy, people are tested (en masse) in this way, although there is no epidemiologically relevant asymptomatic transmission. This means that even healthy people are declared as COVID
5/12
Deaths within 28 days after a positive RT-PCR test from whatever cause are designated as deaths WITH COVID. This means that other causes of death are reclassified as
RT-PCR corona (test) scam
Symptomatic people are tested for one and only one respiratory virus. This means that other acute respiratory infections are reclassified as
4/10
— Dr. Thomas Binder, MD (@Thomas_Binder) October 22, 2020
...indication, first of all that testing for a (single) respiratory virus is done outside of surveillance systems or need for specific therapy, but even so the lack of consideration of Ct, symptoms and clinical findings when interpreting its result. https://t.co/gHH6kwRdZG
2/12
It is tested exquisitely with a hypersensitive non-specific RT-PCR test / Ct >35 (>30 is nonsense, >35 is madness), without considering Ct and clinical context. This means that more acute respiratory infections are reclassified as
6/10
— Dr. Thomas Binder, MD (@Thomas_Binder) October 22, 2020
The neither validated nor standardised hypersensitive RT-PCR test / Ct 35-45 for SARS-CoV-2 is abused to mislabel (also) other diseases, especially influenza, as COVID-19.https://t.co/AkFIfTCTkS
3/12
The Drosten RT-PCR test is fabricated in a way that each country and laboratory perform it differently at too high Ct and that the high rate of false positives increases massively due to cross-reaction with other (corona) viruses in the "flu
External peer review of the RTPCR test to detect SARS-CoV-2 reveals 10 major scientific flaws at the molecular and methodological level: consequences for false positive results.https://t.co/mbNY8bdw1p pic.twitter.com/OQBD4grMth
— Dr. Thomas Binder, MD (@Thomas_Binder) November 29, 2020
4/12
Even asymptomatic, previously called healthy, people are tested (en masse) in this way, although there is no epidemiologically relevant asymptomatic transmission. This means that even healthy people are declared as COVID
Thread web\u2b06\ufe0f\u2b07\ufe0f
— Dr. Thomas Binder, MD (@Thomas_Binder) December 16, 2020
The fabrication of the "asymptomatic (super) spreader" is the coronation of the total nons(ci)ense in the belief system of #CoronasWitnesses.
Asymptomatic transmission 0.7%; 95% CI 0%-4.9% - could well be 0%!https://t.co/VeZTzxXfvT
5/12
Deaths within 28 days after a positive RT-PCR test from whatever cause are designated as deaths WITH COVID. This means that other causes of death are reclassified as
8/8
— Dr. Thomas Binder, MD (@Thomas_Binder) March 24, 2020
By the way, who the f*** created this obviously (almost) worldwide definition of #CoronaDeath?
This is not only medical malpractice, this is utterly insane!https://t.co/FFsTx4L2mw