Writing scales, talking doesn’t.
If you're not writing, you're not making use of the simplest forms of leverage.
Why is writing important within companies, and how to do it well?
(thread) 👇🏽
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The essence of any good communication is simplicity. It’s the same in print, television, radio, online, or attaching notes to carrier pigeon’s legs.
In the sixties, a Granada current affairs show set the template for using a visual medium more effective: it was pioneered by a remarkable fellow called Tim Hewat, a flavour of whose personality is here:
Up to this point, most television in this country had been akin to putting radio on television: most of it was beyond parody though this from Harry Enfield is spot on -- the patronising smug tone that meant the BBC was nicknamed "Auntie" --
And take a look at the longest running TV show as it then appeared: https://t.co/T4FdppnQMo
(Patrick was a brilliant broadcaster. The point I am trying to make is the medium was not exactly groundbreaking in the visuals department)
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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