On popular demand, here’s a thread on our key takeaways from F&O Pe Charcha with @Mitesh_Engr

Start with a low capital and master all 3 phases of the market – upward, downward and consolidation. If your winning trades are >60-70%, then increase your capital.
Treat trading as a business and target similar gains. An annual profit of 25% is reasonable and achievable.

Does a restaurant change recipes every day? No.
Similarly, stick to strategies if there is a 70% success rate. If it doesn’t work for 2 months, don’t worry, it might work for the rest of the 10 months
Option buyers need more skill than sellers as they need to catch the direction at the right time.
Approx 5-7 stocks move in a given day.

Study the charts before market opens and catch the moment in the first hour of trading. You can assess the pre-open rates of all F&O stocks at 9.07 a.m. and place the potential stocks in your watchlist.
Traders with smaller capital like Rs. 1-2 lakhs must consider hedging as their trades might not be as diversified.

I prefer taking positions in a breakout compared to consolidation.
I started trading full-time only after going through all 3 phases – bull, bear and consolidation!
Fear comes into the picture when your position size is huge.

Leverage is a double-edged sword and must be carefully considered. If a trader wishes for more profit, he/she could increase the capital instead of leveraging.

One must look at % return rather than amount of profit.
Traders with a small capital of Rs. 2-5 Lakh should consider starting with index options.
A quick scenario:

In a gap up where I see a bull trend emerging, I’d sell a put where there were breakout signs. If there’s a gap the next day, I’d sell the previous day’s closing price strike after unwinding.

More from Option selling

MASTER THREAD on Short Strangles.

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


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

• 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


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

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I hate when I learn something new (to me) & stunning about the Jeff Epstein network (h/t MoodyKnowsNada.)

Where to begin?

So our new Secretary of State Anthony Blinken's stepfather, Samuel Pisar, was "longtime lawyer and confidant of...Robert Maxwell," Ghislaine Maxwell's Dad.


"Pisar was one of the last people to speak to Maxwell, by phone, probably an hour before the chairman of Mirror Group Newspapers fell off his luxury yacht the Lady Ghislaine on 5 November, 1991."
https://t.co/DAEgchNyTP


OK, so that's just a coincidence. Moving on, Anthony Blinken "attended the prestigious Dalton School in New York City"...wait, what? https://t.co/DnE6AvHmJg

Dalton School...Dalton School...rings a

Oh that's right.

The dad of the U.S. Attorney General under both George W. Bush & Donald Trump, William Barr, was headmaster of the Dalton School.

Donald Barr was also quite a


I'm not going to even mention that Blinken's stepdad Sam Pisar's name was in Epstein's "black book."

Lots of names in that book. I mean, for example, Cuomo, Trump, Clinton, Prince Andrew, Bill Cosby, Woody Allen - all in that book, and their reputations are spotless.