2. I have 2 phones and on my main phone I don't have any social media app except office email ,other phone is for using WhatsApp and Twitter which I use for dedicated time and most of the time kept away.
Most common question I get on twitter is how you manage Job📇 and Trading 📊
I have tried to answer with below thread,hope it motivates few to manage important things in life.
2. I have 2 phones and on my main phone I don't have any social media app except office email ,other phone is for using WhatsApp and Twitter which I use for dedicated time and most of the time kept away.
4. I am not active on any other social media like FB,Insta as I don't have any interest in other people's life or other person's photo.
6.For any type of learning I mostly read books on Kindle or search on internet rarely use YouTube as it can divert you and waste your time.
Didn't watch any movies or webseries from last couple of years except Harshad Mehta webseries as it was related to stock market.
I have visited most of the countries around the world and got lot of experience in professional and personal front.
You will have too much time in your life.
If you remove all above you will have atleast 5-6 hrs extra hours in your life.
More from All
Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
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