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
TradingView isn't just charts
It's much more powerful than you think
9 things TradingView can do, you'll wish you knew yesterday: 🧵
Collaborated with @niki_poojary
1/ Free Multi Timeframe Analysis
Step 1. Download Vivaldi Browser
Step 2. Login to trading view
Step 3. Open bank nifty chart in 4 separate windows
Step 4. Click on the first tab and shift + click by mouse on the last tab.
Step 5. Select "Tile all 4 tabs"
What happens is you get 4 charts joint on one screen.
Refer to the attached picture.
The best part about this is this is absolutely free to do.
Also, do note:
I do not have the paid version of trading view.
2/ Free Multiple Watchlists
Go through this informative thread where @sarosijghosh teaches you how to create multiple free watchlists in the free
3/ Free Segregation into different headers/sectors
You can create multiple sections sector-wise for free.
1. Long tap on any index/stock and click on "Add section above."
2. Secgregate the stocks/indices based on where they belong.
Kinda like how I did in the picture below.
It's much more powerful than you think
9 things TradingView can do, you'll wish you knew yesterday: 🧵
Collaborated with @niki_poojary
1/ Free Multi Timeframe Analysis
Step 1. Download Vivaldi Browser
Step 2. Login to trading view
Step 3. Open bank nifty chart in 4 separate windows
Step 4. Click on the first tab and shift + click by mouse on the last tab.
Step 5. Select "Tile all 4 tabs"
What happens is you get 4 charts joint on one screen.
Refer to the attached picture.
The best part about this is this is absolutely free to do.
Also, do note:
I do not have the paid version of trading view.
2/ Free Multiple Watchlists
Go through this informative thread where @sarosijghosh teaches you how to create multiple free watchlists in the free
\U0001d5e0\U0001d602\U0001d5f9\U0001d601\U0001d5f6\U0001d5fd\U0001d5f9\U0001d5f2 \U0001d600\U0001d5f2\U0001d5f0\U0001d601\U0001d5fc\U0001d5ff \U0001d604\U0001d5ee\U0001d601\U0001d5f0\U0001d5f5\U0001d5f9\U0001d5f6\U0001d600\U0001d601 \U0001d5fc\U0001d5fb \U0001d5e7\U0001d5ff\U0001d5ee\U0001d5f1\U0001d5f6\U0001d5fb\U0001d5f4\U0001d603\U0001d5f6\U0001d5f2\U0001d604 \U0001d602\U0001d600\U0001d5f6\U0001d5fb\U0001d5f4 \U0001d601\U0001d5f5\U0001d5f2 \U0001d5d9\U0001d5e5\U0001d5d8\U0001d5d8 \U0001d603\U0001d5f2\U0001d5ff\U0001d600\U0001d5f6\U0001d5fc\U0001d5fb!
— Sarosij Ghosh (@sarosijghosh) September 18, 2021
A THREAD \U0001f9f5
Please Like and Re-Tweet. It took a lot of effort to put this together. #StockMarket #TradingView #trading #watchlist #Nifty500 #stockstowatch
3/ Free Segregation into different headers/sectors
You can create multiple sections sector-wise for free.
1. Long tap on any index/stock and click on "Add section above."
2. Secgregate the stocks/indices based on where they belong.
Kinda like how I did in the picture below.
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:
More from Optionslearnings
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
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
Let me apply @Bijay_reborn 's strategies in options for some days and then share them.
2 Strategies I liked:
1. Plot ATM week CE/PE charts with VWAP & OI Change. Buy when prices move past VWAP while OI starts to move down.
2. Plot ATM Mth CE/ PE with AVWAP. If above, buy wk CE/PE
2 Strategies I liked:
1. Plot ATM week CE/PE charts with VWAP & OI Change. Buy when prices move past VWAP while OI starts to move down.
2. Plot ATM Mth CE/ PE with AVWAP. If above, buy wk CE/PE
master can you give few key points in english. Saw the entire video with subtitles but did not understand.
— bala (@BalaThink) March 13, 2022
