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The reason is, it's an example of this magic trick, the oldest trick in the book.
It's a competition between what I call compass statements. And it matters.
There\u2019s a magic trick that\u2019s going to get played on us every day during the 2020 election cycle. It\u2019s a fairly simple trick, once you see it.
— A.R. Moxon (@JuliusGoat) February 17, 2019
I\u2019d like to talk about leadership and governance.
And the compass, the navigation, the travel, and the corrections.
(thread)
There are a lot of people who think "defund the police" is a bad slogan.
But it's a directional intention. A compass statement.
The real effect of calling it a bad slogan, whether or not intentional (but usually intentional), is to reduce a compass statement down to a slogan.
Whenever there is a real problem and a clear solution, there will be people who benefit from the problem and therefore oppose the solution in a variety of ways.
And this is true of any real problem, not just the problem of lawless militarized white supremacist police.
There are people who oppose it directly using a wide variety of tactics, one of which is misconstruing anything—quite literally anything—said by those who propose solutions—any solutions.
They'd appreciate it if you mistake their deliberate misrepresentation for confusion.
The reason they'd appreciate if if you mistake their deliberate misrepresentation for confusion is, it wastes time that could have been spend on the solution trying to persuade them, with different arguments and metaphors or solutions.
Which they intend to misconstrue.
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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