Happening now: President Cyril Ramaphosa has taken to the podium to deliver the #SONA2021 before a hybrid sitting.

#SONA2021 | Ramaphosa briefly commemorates the release of the late former president Nelson Mandela from the Victor Verster Prison in Cape Town in 1990.

'It was clear that freedom was tangible.'
#SONA2021 | Ramaphosa likens the country's resilience to that of the fynboos.

"We have risen time and time again from the depths of darkness to herald a new day."
#SONA2021 | Ramaphosa hails the efforts of front liners and essential workers amid the raging coronavirus pandemic. We have made mistakes but we have also stood together.

"It is a story of solidarity and compassion."
#SONA2021 | Ramaphosa: This year is about change, progress and rebirth.
#SONA2021 | Ramaphosa says the year's plan will centre on four pillars:

-Defeat the Covid-19 pandemic
-Accelerate economic recovery
-Job creation and ensure inclusive growth
-Strengthen fight against corruption
#SONA2021 | Ramaphosa speaks on the vaccine developments, lamenting the setback suffered recently.
It should not delay the rollout but it will impact the choice and manner of rollout.
#SONA2021 | Ramaphosa: Alternatively, we have secured 9 million Johnson and Johnson doses - 80 000 of which will arrive next week.
#SONA2021 | Ramaphosa: We will overcome and we will rise. But we must also also overcome poverty and inequality.
#SONA2021 | Ramaphosa: This time last year, we could have never been prepared for what was to come. As a result, we had to alter plans and budgets based on the crises.
#SONA2021 | Ramaphosa: This time last year, we could have never been prepared for what was to come. As a result, we had to alter plans and budgets based on the crises.
#SONA2021 | Ramaphosa says he will give feedback on progress made on the economic recovery and reconstruction plan.

On infrastructure:
-headway has been in energy and telecomms infrastructure
-we have launched 2 major human settlement projects
#SONA2021 | Ramaphosa: "This evening we stand here not to make promises but to report on the process of the recovery plan."

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.