#IRCTC : Price and Volume Chart Analysis

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MASTER THREAD on Short Strangles.

Curated the best tweets from the best traders who are exceptional at managing strangles.

β€’ Positional Strangles
β€’ Intraday Strangles
β€’ Position Sizing
β€’ How to do Adjustments
β€’ Plenty of Examples
β€’ When to avoid
β€’ Exit Criteria

How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr

β€’ When to sell
β€’ How to do Adjustments
β€’ Exit


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


1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr

β€’ Sold Strangles 20% cap used
β€’ Added 20% cap more when in profit
β€’ Booked profitable leg and rolled up
β€’ Kept rolling up profitable leg
β€’ Booked loss in calls
β€’ Sold only


2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.

β€’ Identified a reversal and sold puts

β€’ Puts decayed a lot

β€’ When achieved 2% profit through puts then sold