Abia is an acronym from the four main groups of people in the state as at the time it was formed in 1991: Aba Bende Isuikwuato Afikpo.
How the 36 Nigerian states got their names. A thread 🧵
Abia is an acronym from the four main groups of people in the state as at the time it was formed in 1991: Aba Bende Isuikwuato Afikpo.
Adamawa was named after a warrior, Modibbo Adama Bin Ardo Hassan, that conquered the region in the beginning of the 19th century.
The state got its name from the corrupted version of Oma Mbala (Ànyịm Ọma Mbala), a popular river in the area.
'Bauchi’ is Hausa word meaning the southern flanks of Hausaland. Tribes living in the southern parts of the Hausaland were referred to as "kasashen bauchi" and the area they lived in later came to be known simply as Bauchi.
Bayelsa is a combination of the acronyms of three local government areas which were pulled out of old Rivers state — Brass LGA known as BALGA, Yenegoa LGA known as YELGA and Sagbama LGA known as SALGA. in the formation of their names is BA + YEL + SA
The state was named after the "europeanised" corruption of 'Binuwe', the Batta word for ‘Mother of Waters’.
The alternative name of the Kanuris, the predominant ethnic group in the state, is 'Borno' which gave inspiration for the naming of the state.
Ebonyi is the anglicised version of 'Aboine', a river that cuts through Abakaliki, the state capital.
The Bini people who dwell in the area had always referred to themselves as Edo or Iduu. This inspired the name of the state.
‘Okiti’ is a term that is said to denote a settlement of many hills. It later became 'Ekiti'.
Due to the many hills and rocky terrain in the area, the people named it in igbo, "Enu Ugwu" meaning "top of the hill". The state is named after the anglicised version, Enugu.
'Kadunas' is the plural form of crocodile in Hausa. The state therefore got its name from the many crocodiles in Kaduna River
Kano was the name of a blacksmith from the Gaya tribe who settled in the area while sourcing for ironstone. The state was named after him.
The state was named after the wife of a popular local ruler known as Janzama. Her name was Katsina
Since the popular confluence in Nigeria is located in the state, Kogi is said to have been derived from ‘kogin’, the hausa word for river.
River Niger used to be called River Kwara by the Nupes at the Northern border of the state. The state was named after this.
In 1472, the first set of Europeans to set foot in Lagos were the Portuguese. Due to the many lagoons and rivers in the town, they named it Lagos, which is the Portuguese word for 'lakes'.
Nasarawa is a native word for 'victorious'. The state was named by the founder of Nasarawa kingdom, Makama Dogo
Ondo is a word used for settlers. The state was named after the settlers of the old Ondo Kingdom
The state was named after the picturesque Jos plateau. Jos got its name from the mispronunciation of the town 'Gwosh'
Sokoto is the anglicized version of the Arabic word ‘suk’ meaning ‘market’ or ‘place of commerce’. The state itself was named after the defunct Sokoto Caliphate
Komadugu Yobe (Waube or Ouobe) or River Yobe (or River of Yo) inspired the name of the state.
This state was named after Zamfarawa, one of the subdialects of the Eastern Hausa group.
"Abuja" was in the earlier 20th century the name of the nearby town now called Suleja.
The indigenous inhabitants of Abuja are the Gbagyi (Gwari), with the Gbagyi language formerly the major of the region language
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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.
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.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
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.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
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.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020
