Okay, so you must begin your search for these type of trades "ANYDAY AFTER 1 PM".
For eg:
If the market is going up and you spot some large unwinding on the call side.
Sell the immediate puts from where the market reversed to go up.
Sir has more than 100 videos on his Youtube channel.
He mainly focuses on the same few concepts to take a trade.
I can teach you those in the next 5 minutes:🧵
Collaborated with
@niki_poojary
Okay, so you must begin your search for these type of trades "ANYDAY AFTER 1 PM".
For eg:
If the market is going up and you spot some large unwinding on the call side.
Sell the immediate puts from where the market reversed to go up.
Just aggressively sell puts straight up, pocket the higher premiums and make high returns.
Explaining the logic in the next tweet.
Simple, option sellers are tapped. In this case on the call side.
When a seller is trapped he will buy his option back.
Option buyer will not be in a hurry to square off as he is in profit.
This will result in a huge spike in calls.
We take a hint from him and sell puts to make a profit.
After the spike no meaning to buy debit spreads also if you are going to take the trade overnight as well as the risk will be very high.
To avoid this high risk, we can skip debit spreads post 1 pm.
Closely monitors big candle sizes.
No big candles means no aggressive trades.
Looks for 0.5% candles on a 3 min chart to spot a strong buyer/seller.
For eg, last full expiry he played on the basis of that green strong candle on 3 mins.
Here's the tweet.
https://t.co/q5AQhiD4DM
When the market was dipping @Ronak_Unadkat Sir told @niki_poojary and me that he is adding put sells of 38700 in this dip.
— Aditya Todmal (@AdityaTodmal) August 11, 2022
Logic is highlighted in the chart below:
Bias should be bullish until the strong green candle is out.
Sixer day for him! Congratulations! \U0001f973\U0001f973\U0001fae1 pic.twitter.com/Fc6wppwy3K
For eg, last week the market had broken out from 36800.
Until the market came below this level he would not be getting trapped in calls unnecessarily.
In this case, just look for trade with a bullish bias.
Firstly, he doesn't like selling options on a breakout aggressively for intraday.
For eg:
Market broke out from 39000 level.
If you sell 38500 put, lot of decay wont come unless you take it intraday.
If 3-4 hours are left still for the trading day to be over then you can:
Buy ATM calls and sell Otm calls.
If you are buying 100 rs calls then you can sell 50 rs calls against them.
Rule: The debit in such trades shouldn't exceed 1% of cap.
How to manage a debit spread he has already shown in his youtube videos.
Attaching the links below:
Hindi - https://t.co/DRq2gUiYG4
English - https://t.co/eCFwBIlwk1
This means only two things either the market will:
1) consolidate or
2) take a reversal.
He is forced to square off his trade.
If the strangle premiums are not falling means there is erratic behavior and we have to be very careful.
If they are falling can take trades to profit from "theta decay".
He goes for debit spread trades on such occasions rather than selling strangles.
This is how he makes profits on those tough days.
1) OI unwinding for Aggressive trades
2) Candle Size
3) Keep in mind breakout and breakdown levels
4) Dont sell options on breakouts intraday
5) Call premiums don't rise on an upmove and put premiums don't rise on a downmove
6) Monitor Strangle premiums
You can check out other threads
Follow us: @AdityaTodmal & @niki_poojary for more such interesting Threads!
Have & happy & safe weekend!
More from Aditya Todmal
12 TRADING SETUPS which experts are using.
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.
1. Open Drive (Intraday Setup explained)
Bactesting results of Open Drive
2. Two Price Action setups to get good long side trade for intraday.
1. PDC Acts as Support
2. PDH Acts as
Example of PDC/PDH Setup given
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.
1. Open Drive (Intraday Setup explained)
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)
Bactesting results of Open Drive
Already explained strategy of #opendrive
— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
2. Two Price Action setups to get good long side trade for intraday.
1. PDC Acts as Support
2. PDH Acts as
So today we will discuss two more price action setups to get good long side trade for intraday.
— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
Example of PDC/PDH Setup given
#nifty
— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5
I gathered the 38 best screeners from @YMehta_
Save 100+ hours researching.
A thread:
Collaborated with @niki_poojary
10 Free Candlestick Pattern
Top 9 Price Action-based
7 Strategies with their
4 Investment Strategies with their
Save 100+ hours researching.
A thread:
Collaborated with @niki_poojary
10 Free Candlestick Pattern
Screeners helps trader in saving lot of time in filtering best stocks out of 5000+ stocks listed.
— Yash Mehta (@YMehta_) October 28, 2022
Here is the list of top 10 Free Candlestick Pattern based screeners that I use:
Also, last two screeners are my favorite to pick early momentum stocks.
Top 9 Price Action-based
Screeners helps trader in saving lot of time in filtering best stocks out of 1000+ stocks listed.
— Yash Mehta (@YMehta_) September 16, 2022
Here is the list of top 9 Free Price Action based screeners that I use:
Also, last screener is my favorite to pick early momentum stocks.
7 Strategies with their
Screeners helps trader in saving lot of time in filtering best stocks out of 5000+ listed stocks.
— Yash Mehta (@YMehta_) December 9, 2022
Here is the list of top 7 Free Strategy and its respective screeners that I use:
Also, last screener is my favorite to pick early momentum stocks.
4 Investment Strategies with their
There are so many investment strategies, still hardly anyone creates long term wealth in stocks.
— Yash Mehta (@YMehta_) November 25, 2022
Sharing 4 Investment Strategies based on Technical Analysis and Screeners for free (sold as a \u20b9 50,000 course!).
Shared a bonus trading strategy at the end.
A thread \U0001f9f5:
Google Chrome has over 137,000 extensions.
But 95% of Traders are unaware of the best extensions for trading.
10 Google Chrome Extensions that will accelerate your trading ( all free ): 🧵
Collaborated with @niki_poojary
1. Pulse by Zerodha
Latest financial and market news from all major Indian news sources are aggregated in one place.
🔗 https://t.co/jQ5Lu1P1r3
2. Full Width Zerodha Kite Trading Platform
This extension will make your Zerodha kite trading app full-width for large-screen desktops and laptops.
Also adding some tweaks will help you stay more focused on trading.
🔗 https://t.co/HSmVxLxPNv
3. Zerodha Scrip Plus
Zerodha fullscreen trading with brokerage calculator and analysis options
- Brokerage Calculator
- Full screen trading
- Marketwatch and Holdings scrips analysis
🔗 https://t.co/ZOmAcvamRh
4. Jarvis - Zerodha Trading helper
Jarvis helps in managing your risk by giving you a consistency of pre-determined stop loss % and risk per trade.
Once you set these values in the plugin then it automatically sets the quantity of the trade.
🔗 https://t.co/qn2MvDkCdR
But 95% of Traders are unaware of the best extensions for trading.
10 Google Chrome Extensions that will accelerate your trading ( all free ): 🧵
Collaborated with @niki_poojary
1. Pulse by Zerodha
Latest financial and market news from all major Indian news sources are aggregated in one place.
🔗 https://t.co/jQ5Lu1P1r3
2. Full Width Zerodha Kite Trading Platform
This extension will make your Zerodha kite trading app full-width for large-screen desktops and laptops.
Also adding some tweaks will help you stay more focused on trading.
🔗 https://t.co/HSmVxLxPNv
3. Zerodha Scrip Plus
Zerodha fullscreen trading with brokerage calculator and analysis options
- Brokerage Calculator
- Full screen trading
- Marketwatch and Holdings scrips analysis
🔗 https://t.co/ZOmAcvamRh
4. Jarvis - Zerodha Trading helper
Jarvis helps in managing your risk by giving you a consistency of pre-determined stop loss % and risk per trade.
Once you set these values in the plugin then it automatically sets the quantity of the trade.
🔗 https://t.co/qn2MvDkCdR
More from Optionslearnings
#Learning Those who are interested in options... Here is an old tweet on gamma scalping ...
#Straddle #Gammascalping #Learning Success In option writing can be achieved only by adjustments based on the market developments. The same goes with straddle strategy as well. A method called gamma scalping helps to minimize potential loss in straddles. pic.twitter.com/qgSmgd8RWM
— HMK alias MANOJ (@scorpiomanojFRM) June 19, 2020
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1/“What would need to be true for you to….X”
Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?
A thread, co-written by @deanmbrody:
2/ First, “X” could be lots of things. Examples: What would need to be true for you to
- “Feel it's in our best interest for me to be CMO"
- “Feel that we’re in a good place as a company”
- “Feel that we’re on the same page”
- “Feel that we both got what we wanted from this deal
3/ Normally, we aren’t that direct. Example from startup/VC land:
Founders leave VC meetings thinking that every VC will invest, but they rarely do.
Worse over, the founders don’t know what they need to do in order to be fundable.
4/ So why should you ask the magic Q?
To get clarity.
You want to know where you stand, and what it takes to get what you want in a way that also gets them what they want.
It also holds them (mentally) accountable once the thing they need becomes true.
5/ Staying in the context of soliciting investors, the question is “what would need to be true for you to want to invest (or partner with us on this journey, etc)?”
Multiple responses to this question are likely to deliver a positive result.
Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?
A thread, co-written by @deanmbrody:
Next level tactic when closing a sale, candidate, or investment:
— Erik Torenberg (@eriktorenberg) February 27, 2018
Ask: \u201cWhat needs to be true for you to be all in?\u201d
You'll usually get an explicit answer that you might not get otherwise. It also holds them accountable once the thing they need becomes true.
2/ First, “X” could be lots of things. Examples: What would need to be true for you to
- “Feel it's in our best interest for me to be CMO"
- “Feel that we’re in a good place as a company”
- “Feel that we’re on the same page”
- “Feel that we both got what we wanted from this deal
3/ Normally, we aren’t that direct. Example from startup/VC land:
Founders leave VC meetings thinking that every VC will invest, but they rarely do.
Worse over, the founders don’t know what they need to do in order to be fundable.
4/ So why should you ask the magic Q?
To get clarity.
You want to know where you stand, and what it takes to get what you want in a way that also gets them what they want.
It also holds them (mentally) accountable once the thing they need becomes true.
5/ Staying in the context of soliciting investors, the question is “what would need to be true for you to want to invest (or partner with us on this journey, etc)?”
Multiple responses to this question are likely to deliver a positive result.
