BC OPTIONSLEARNINGS
Saved by @SAnngeri

The most practical & effective resources on option trading comes from real traders

THREAD: Playbook on option selling to grow your knowledge & P/L account

Collaborated with @AdityaTodmal

 1. Basics of Option selling

• The A,B,C,D one should be aware of before taking a plunge into option selling

https://t.co/EO2DV10rmf
2. @Mitesh_Engr Sir's process for positional option selling

https://t.co/mbfA5Z9Kni
3. How @Mitesh_Engr sells options on an EXPIRY

https://t.co/E6AkO8GN2C
4. Transcript of @Mitesh_Engr Sir's “F&O Pe Charcha - Diary Of An Option Seller”

https://t.co/pUbBh0fBuD
5. Transcript of Indian Options Conclave 3.0 by Jainam Broking

@Mitesh_Engr Sir's set ups on how to trade in options during challenging times

https://t.co/xJhOXLusln
6. @Ronak_Unadkat Sir's process of option selling for overnight trades and how to manage call ratios

https://t.co/HL4dPl5Po0
7. Transcript of Indian Options Conclave 3.0 by Jainam Broking

@Ronak_Unadkat Sir's spread trades in indices

https://t.co/FKWagIaFMP
8. Option synthetics & understanding the payoff graphs
https://t.co/Mmqu2vXdtp
9. Transcript of F2F interview of Mr. Subashish Pani conducted by @Vivbajaj Sir

• Subasish Pani's process of Option selling

https://t.co/yJXFWBH63U
10. Real example on adjustments on an expiry day

• How strangles were converted into straddles

https://t.co/x6a7cd4rGk
11. Real example of selling only CE's on an expiry day

• How we decided to sell only CE 's on March 10, 2022 expiry

https://t.co/tUP6wJdFxs
Hope you discovered something new (because that's the point!)

If you did, share it with a friend

Hop back up to retweet the first tweet

See past threads here:

@AdityaTodmal
&
@niki_poojary

More from Nikita Poojary

Nikita Poojary
Nikita Poojary
@niki_poojary
Some people think technical analysis is useless. But we use technical analysis in all our trades.

Here's a list of 13 technical analysis books to help you learn and grow: 🧵

Collaborated with @AdityaTodmal

1/ Stan Weinstein's Secrets for Profiting in Bull and Bear Markets.

The ideal time to buy/sell, using the best long-term indicators to spot Bull and Bear markets Odds.

Author: Stan

2/ Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market.

Selecting precise entry/exit points, preserving profits, and getting consistent 3 digit returns.

Author: Mark

3/ Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard How to develop the confidence to achieve super performance.

This is a follow-up book for trade like a stock market wizard.

Author: Mark

4/ Trading in the zone.

The author analyses from a psychological perspective the most common issues related to trading.

Author: Michael
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Nikita Poojary
Nikita Poojary
@niki_poojary
Short Straddle is the highest payoff strategy.

However it comes with undefined risk.

Most traders don't know when & how to adjust the short straddle when it goes wrong.

Here are 16 adjustments to lower risk & increase profitability:🧵

Collaborated with @AdityaTodmal

1/ Longer-term short straddle:

• Helps in getting a big range: trade in biweekly, monthly, or far months.

• The only drawback with longer term straddles is the slippage.

• Also go for round levels both in NF and BNF as they have better liquidity.

2/ Weekly expiries will have short range:

• Leading to higher risk.

• Would require frequent adjustments.

3/ When to sit tight?

• As long as the underlying is between the breakeven point of the Short straddle, we do nothing.

• Don't adjust till breakeven comes, simply sit tight.

• Adjusting a short straddle typically brings in more credit, which increases the profit potential.

4/ When does a short straddle come into loss:

• The moment the underlying price moves towards one end of the breakeven point, your short straddle will be in loss.

• Adjustments would require additional funds, so don't go all in with your capital for shorting straddles.
ALL
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Nikita Poojary
Nikita Poojary
@niki_poojary
How to save taxes on the trading profits for an individual

4 Legit ways to retain most of the trading income: 🧵

Collaborated with @AdityaTodmal

1. Divide your capital amongst your family members:

• Ensure they are not salaried employees as they might not be allowed to trade as per their employer's policy.

• Your family is your strength, not just emotionally, but financially too.

• E.g. your net taxable income works out to Rs. 50 lacs, as per the new tax regime, you are in the 30% tax bracket.

However, if you divide the capital amongst your family members in such a way that the net taxable income works out to Rs. 12.5 lacs per member (assuming 4).

This way the tax bracket gets shifted from 30% to 20%, clear saving of 10%

2. Expenses a trader can claim:

All the expenses directly related to the trading business can be claimed.

i) Rent Expense: If one has an office on rented premises, rent paid is a valid expense. However, you should have the rent receipts & rent agreement as valid proof.
ALL , TAX SAVING
Nikita Poojary
Nikita Poojary
@niki_poojary
Over the past month, we have shared 15 powerful threads:

These threads cover topics like:
• Trading
• Psychology
• Strategies (both directional & non-directional)
• Investing
• Free tools for traders
• Free technical analysis courses, etc.

Here they are all in one place!

1/ Top 26 threads from the past 26 weeks of year


2/ How to build your Twitter


3/ The most simple set-up of Subasish Pani -


4/Free valuable tools that helps you to trader better!
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Nikita Poojary
Nikita Poojary
@niki_poojary
97% of retailers buy options and lose money.

But, you can buy options:

• At the right time
• For BTST
• When premiums are too low

The difference? Understanding how they work.

Here's how you can buy options if you're a beginner:

Collaborated with @AdityaTodmal

1/ Basic knowledge of Technicals:

Option buying is about capturing the momentum, hence sound knowledge of technical analysis is required.

Without any knowledge, if one is buying an option purely because he/she feels market will rise/fall is equivalent to buying lottery tickets.

2/ Technical Analysis knowledge:

The analysis could involve usage of pure price action or indicators or a mix of both to capture momentum.

Getting the direction right is very crucial, however along with the direction the timing is equally important.

3/ Basics of CE & PE:

Option holders can buy or sell a security at a predetermined price using contingent financial derivatives called options.

In return for such access, option purchasers charge a small amount referred to as a premium to such sellers.

4/ Why CE & PE options are purchased:

CE is an abbrevation for Call Option and PE for Put option.

The CE buyer benefits every time the price of the underlying goes up.

Polar opposite is the PE option, as a PE option buyer benefits every time the price of the underlying falls.
OPTIONS

More from Optionslearnings

Jig's Patel
Jig's Patel
@jigspatel1988
A thread about STBT options selling,

The purpose is simple to capture overnight theta decay,

Generally, ppl sell ATM straddle with hedge or sell naked options,

But I am using Today’s price action for selling options in STBT,

(1/n)

Its work on both index (Nifty, BNF) as well some standard stock but i used only for Index on every day and Last 10 days monthly expiry i do in stocks only specific,

It’s purely STBT type’s trade sell today and buy tomorrow kind,

(2/n)

Let’s start the strategy,

Every day at 3:15 PM, Open Nifty or BNF chart in daily TF.

See the last candle formation only; we take trade always based on the last candle formation

(3/n)


Case 1:
If Red Bearish candle formation, Mark the high and low of that candle

High 35979, Low 35667. (16th July)

Based on this candle we simply sell credit call spared (Sell 36000 CE and Buy 36300CE) you can make the difference between two calls 300 or 400 as per your risk,


Case 2:
Bullish strong candle

High 35238 and low 34922 (5th July) (Refer the image)

Based on this candle we sell credit put spread (Sell 34900 Put and buy 34600 put)
OPTIONSLEARNINGS , ALL , OPTIONS STBT
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Detailed thread on how @niki_poojary & I managed our positions on Thursday and got a big profit via straddles.

Many people were asking us in the comments, how we managed.

Explained transparently what we did.

Hope you get something to learn from this. 😀👍
OPTIONSLEARNINGS
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
THREAD: 14 of the best resources/topics for anyone who wants to start option selling as a career. 🧵

Collaborated with @niki_poojary

1. Best Sources of knowledge for a beginner in option selling?

Zerodha Varsity from @Nithin0dha's team & the @tastytrade financial network.

Links:

2. Top YouTube Channel for Options Learning?

Power of Stocks - Subhasish Pani

What you'll learn:
1. How to form a trading plan.
2. How to scale an account with risk-reward in option selling.
3. Technical analysis logics you can use daily.

15


3. What are the preconditions to start option Selling:

You should know technical Analysis basics like:
- Support/Resistance
- Chart Patterns
- Candle Patterns
- Dow Theory (HH, LL)

This will help you start taking high probability trades.

4. Risk Management is a must for option selling

If you don't learn to manage your risk, making money in trading is going to be an extremely difficult endeavor

Have some rules:
1. Risk no more than 0.25% per trade as a beginner
2. Risk no more than 2% in a day for the first year
OPTIONSLEARNINGS , ALL , OPTION SELLINGREADWISE SAVE AS OPTION SELLINGRATTIBHA SAVE AS PDF
itrade(DJ)
itrade(DJ)
@ITRADE191
https://t.co/5Rdn85mvPJ
OPTIONSLEARNINGS
Sensibull - Safe and Simple Options Trading
Sensibull - Safe and S...
@BeSensibull
Are you new to options?
Try Easyoptions
https://t.co/ongfNr1JRE
OPTIONSLEARNINGS

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Fire is, of course, one of the greatest discovery of mankind. Our control over the fire dramatically changed the entire human habits; earlier it was used to cook food, protection from animals and to stay warm.


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Thinking about woman other then your spouse.

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B)Thinking ill about others.

C)Thinking of doing a forbidden or unworthy deed.

2)Second is the sin that you commit through your words :-

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B)Telling a lie.

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D)Talking ill about others.

3)Third type of sin is committed through your body actions-

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So these twelve types of sins.

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Swastik is de symbol through which everything auspicios occurs

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The Swastika represents the living creation in the whole Cosmos.


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