BC TRADING
Saved by @vsamk

I gathered the best Youtube videos to learn Expiry trading for free.

If you want to master expiry trading, open this thread: 🧵

Collaborated with @niki_poojary

 Here's what you'll find in this thread:

1. ATM strikes to zero
2. Big Gaps on Expiry Day
3. How to trade expiry when Nifty is behaving differently
4. Using Data points to trade expiry
5. Play for a flat move
6. How to profit post 3 pm exploiting the close price?

Let's go ↓
1. How to develop a framework to trade in ATM strikes on expiry day? Subhasish Pani on @vivbajaj Sir's channel.

One of call or put at ATM is going to go to zero.

Whichever is moving rapidly has a higher probability of going ATM/ITM. Sell the slower one.

https://t.co/kx97lDW68J
2. How to trade a big gap up on expiry day?

If market bias is bullish and a gap-up happens, it comes for selling.

Can buy puts at the breakout of an inside candle as the market has a good probability of at least heading toward the previous day's close.

https://t.co/3MZ0ZmMzgL
3. How to trade in Bank Nifty if it has already moved 160 points from its high to low by 11:30? @ThetaGainers

Sell near otms with double stop loss.

Avoid if stuck in a very small range.

Get out of both by 1 pm.

https://t.co/eaRdJusbC8
4. Subhasish Pani explains how to play expiry when Nifty and Bank Nifty both are behaving differently.

By the way, his zero to hero logics are:
1. Big candles are supports/resistances
2. Gaps act as S/R
3. Closing price acts as S/R

https://t.co/9Lt4B9vqEp
5. How to use data points to trade expiry? @ThetaGainers

Starts by selling 15-20 rs strangles at 9:20 which are very far otm.

By 10:30 am he starts to look at Change in OI strikes on line charts to predict zero strikes.

https://t.co/Ob8y8BqEAY
6. How to make a profit post 3 pm by exploiting the close price? @itjegan

Sells straddles, if the call and put premiums are 4x of the other.

Sells whichever option goes below 10 with an SL.

This alone accounts for 10-15% of his expiry day profits.

https://t.co/tepf9bcH65
7. Reeyansh from @ThetaGainers explains how to do gamma scalping on expiry days by buying options.

Waits for a range to form on expiry till 1:30 pm.

If any move comes, buys options with good risk-reward.

Or buy both at 1:30 and square off when double.

https://t.co/IUr4Y5m4EN
8. How @itjegan Sir makes a high profit on expiry days?

Re-enters strikes, locks the profits, and keeps re-entering and does adjustments.

Drawdowns are less compared to his profits by doing all these.

https://t.co/M3RjWXJbnf
9. How to use PCR and Change in Open Interest to gauge the direction of the expiry?

Explained well by @nitinmurarkasmc and @PushkarRThakur.

Whichever side has a high Change in OI whether call or put look to buy options on the opposite side near VWAP.

https://t.co/biUbChJmQW
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

If you enjoyed this thread here's another one:
https://t.co/plDuAaKsCR
Anyone looking to up their expiration trading game should find the information in these videos and concepts sufficient.

To develop yourself, continually use these ideas or simply pay attention.

Work hard today to earn money!

The End.

More from Aditya Todmal

Aditya Todmal
Aditya Todmal
@AdityaTodmal
Master Thread of all my threads!

Hello!! 👋

• I have curated some of the best tweets from the best traders we know of.

• Making one master thread and will keep posting all my threads under this.

• Go through this for super learning/value totally free of cost! 😃

1. 7 FREE OPTION TRADING COURSES FOR


2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING

Got these scanners from the following accounts:

1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX


3. 12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.


4. Curated tweets on HOW TO SELL STRADDLES.

Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
OPTION SELLING , OPTIONSTRATEGIES , CATEGORY
Aditya Todmal
Aditya Todmal
@AdityaTodmal
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
OPTIONSLEARNINGS , ALL , OPTIONS STRATEGY
Advertisement
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Best FREE website for FNO Heatmap - ICICI DIRECT

https://t.co/honvUA9lmx

Advantages:
1. Quantitative Analysis in one place
2. Easy to find stocks where action taking place
3. Find the exact price levels at which OI is being added.

(1/5)


For example, Nifty Heatmap Can easily scan for

1. Long Build up (Price up and OI up)
2. Long Unwinding (Price down and OI down)
3. Short Buildup (Price down and OI up)
4. Short Covering (Price up and OI down)

(2/5)


1. 15 mins Built up can check in any stock
2. Easy to find Intraday Bullish and bearish trend
3. Eg of Bajaj Auto who was up 9% on Friday. Long Built up had started in the morning itself.
4. Shows the quantities also which are being traded in those intervals.

(3/5)


5. There are 25 time intervals available everyday.
6. If a stock has to go up or down a lot it will be heavily dominated in these time intervals.
7. Bajaj Auto had 14 times long built up on Friday.
8. IndusInd Bank had 13 short built ups on Friday. IndusInd fell 3.5%.

(4/5)


Some people5 check the last 45 mins data of the day too to predict the gap opening for the next day.
Data gives them additional conviction, especially if huge contracts addition is taking place.

(5/5)

---------------------------------------------------------
ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
I have made more than ₹ 3,00,00,000 profit after meeting @niki_poojary last year.

She taught me a lot of things and elevated my trading to a different level.

Here are 8 key learnings from her which helped me improve my trading performance:

1) Become a directional player:

Nikita is a hardcore directional player. Whenever there is a trend, she hardly ever misses it.

Previously, I sold only strangles, but after observing her and watching her make profits, I decided that going directional is where the big money is.

2) Support & Resistance to gauge the big player's footprints:

It is totally possible to trade in the weekly expiry based on only support and resistance.

Because you understand whether the buyer has the upper hand or the seller. Can just accompany them & make money.

3) Execution power on ideas discussed:

Once the Support &Resistance zones are identified, we know where the smart money is likely to make its plays, then it is important to execute on your ideas.

Simply knowing how something works does not put money into your pocket.

You must have the guts to punch the trades in large quantities.

Even this became much easier for me because I learned from her risk-taking. She is a relatively higher risk taker than me. I am a very cautious and risk-first-approach kind of trader.
ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Short Straddle is the highest payoff strategy in Option Selling.

However, it comes with huge risks as well.

You become good at managing Straddles with adjustments.

Here's a step-by-step breakdown on them:

Collaborated with @niki_poojary

🧵

1/ Longer-term short straddle:

If you're a fan of very big ranges for your trades, you'll get the biggest one in long-term options.

Long Term can be 3 months, 6 months, or a year away as well.

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

Example:


In the above example, in the March expiry, we have collected 1500 points in the 18000 Nifty Straddle.

This is actually low risk compared to the monthly or weekly Straddles.

Beginners:

Can try their hands at long-term options.

You'll get sufficient time to adjust and learn.

2/ Weekly expiries will have a very short range:

Higher risk.

Frequent adjustments.

Below is an example of a weekly Straddle in Bank Nifty.

Premium Collected: 700 points

Bank Nifty at times, moves more than this in a day.


Due to these small ranges, people prefer to do weekly Iron Fly instead of Straddles.

This takes care of the undefined risk in a small range in Straddles.

Also requires very slow and easier adjustments.
ALL

More from Trading

Aditya Todmal
Aditya Todmal
@AdityaTodmal
A THREAD:

BEST OPTIONS STRATEGY FOR CONSISTENT INCOME -

OPTIONS WHEEL STRATEGY

Everything to know about this strategy I'm posting in this thread.

(1/12)


Step 1: Stock Selection

1. For this strategy you're going to have to choose some stocks that you think will be doing well in the future/long term.

2. Stock must be in an uptrend.

3. Stock options should be liquid enough to trade in.

4. List of stocks attached

(2/12)


Step 2: Which option to sell?

1. Sell put at a support according to charts.

2. Sell put at a strike far away from the spot where you think the probability of the stock falling will be very very low.

3. Sell put at a price where you're willing to buy the stock at.

(3/12)


Step 3: What to do when in profit/loss?

1. If in profit you can just roll up the puts thereby increasing the ROI or shift to other stocks to make more profit.

2. If in loss take delivery of the shares equivalent to the lot size in cash market.

(4/12)

Step 4: What to do after taking the delivery?

1. Sell calls to lower your cost price of the stock. For eg, you took delivery of Reliance at 1900, sell 2100 CE which is about 10% away.

2. Keep doing this till your CE expires ITM and then give delivery of your stock away

(5/12)
TRADING , OPTIONS
Aditya Todmal
Aditya Todmal
@AdityaTodmal
12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

Here's what you'll learn in this thread:

1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy

Let's dive in ↓

1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped


@jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data

Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual


@jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's
OPTIONSLEARNINGS , TRADING , ALL
Advertisement
Stockifi | Investors \u0915\u093e \u0926\u094b\u0938\u094d\u0924!
Stockifi | Investors क...
@stockifi_Invest
30 books I wish I read before Investing my hard-earned money:

1. You can be a Stock Market Genius by Joel Greenblatt
2. Common Stocks, Uncommon Profits by Phil Fisher
3. Margin of Safety by Seth Klarman
4. The Crowd by Gustave Le Bon
5. Winning the Loser's Game by Charles Ellis

6. The Zurich Axioms by Max Gunther
7. The Most Important Thing by Howard Marks
8. Thinking, Fast and Slow by Daniel Kahneman
9. The Intelligent Investor by B. Graham
10. A Zebra in Lion country by Ralph Wanger and Everett Mattlin
11. Learn to Earn by Peter Lynch

12.Poor Charlie's Almanack - The wit and wisdom of Charles T Munger
13.Speculative Contagion by Frank Martin
14. The Long and the Short of it by John Kay
15. More than you know by Michael Maubossin
16. Influence - The Psychology of Persuasion by Robert Cialdini

17. The Psychology of Judgment and Decision making by Scott Plous
18. The Real Warren Buffett by James O'Loughlin
19. Devil take the Hindmost by Edward Chancellor
20. Risk Intelligence by Dylan Evans
21. The Emotionally Intelligent Investor by Ravee Mehta

22.Accounting for Value by Stephen Penman
23. Common Stocks and Common Sense by Edgar Wachenheim III
24. Big Money Thinks Small by Joel Tillinghast
25. Memos from the Chairman by Alan C Greenberg
TRADING
Val Katayev
Val Katayev
@ValKatayev
A former CIA math genius built a quantitative trading fund that earned more than $100 BILLION for investors.

At 66% return/yr, his track record destroys that of Warren Buffet, George Soros, Carl Icahn, and every investor who ever lived.

The Smartest Billionaire in Finance:


1/28
If you'd have put $100 into Jim Simons' Medallion Fund in 1988, it would be $400M+ today.

By contrast,

$100 in the S&P 500 in 1988, would be $2,000 in 2022. (roughly)

Let that sink in.

2/28
Jim Simons's Medallion fund has had unreasonably high annual returns of 66% across 30 years.

For comparison, Buffet clocked in at about 20%/yr.

Many funds don't make that in a lifetime.

3/28
Even during the financial crisis of 2008, it made a net return of 82.38%.

They make so much money for their investors that they charge 44% in management fees.

The industry standard is 20%.


4/28
It uses math calculations to decide the bulk of its trades, & none of the market trends apply to how it performs.

It wins by finding order in chaos.

The fund is managed by Renaissance Technologies, the parent company founded by the mathematical genius Jim Simons.
TRADING
Aditya Todmal
Aditya Todmal
@AdityaTodmal
How to save tax when income is above 50 lakhs?

Here are 9 benefits of trading in a corporate account: 🧵

Collaborated with @niki_poojary

1. Make a Pvt Ltd Company.

Form a company with family members and trade under it. The family members should be directors of the company. Will explain why later.

Why form a company?
You will only need to pay 25% flat tax. Individuals have to pay 30% tax above 10 lakh profits.

2. Surcharge Benefits:

You will be charged a lower surcharge in a corporate account.

Check the picture below:


Total Tax Outlay:

The total tax outlay for individuals is 30% plus surcharge. If you really earn a lot (10 cr +) then you will be paying 42% tax.

Whereas in a company you'll be paying a maximum of 28% tax.

This is how rich people save a lot of their money by paying low taxes.

3. Expenses can be deducted.

All expenses can be deducted from a company account.

Companies:
1. First make a profit.
2. then deduct the expenses
3. & Pay tax on the remaining income

Individuals:
1. First Profit
2. Then Pay tax
3. Expenses with whatever is left.
ALL , TRADING , TAXES RATTIBHA

You May Also Like

Henry George \u0646
Henry George ن
@intothefuture45
Thread: *Post-Liberal reading list*
1/ Religion and the Rise of Capitalism - R.H. Tawney
Unto This Last - John Ruskin
Liberty, Equality, Fraternity - James Fitzjames Stephen
The Great Transformation - Karl Polanyi
The Quest for Community - Robert Nisbet

2/ Family and Civilisation - Carle C. Zimmerman
Science, Politics and Gnosticism - Eric Voegelin
Liberty Before Liberalism - Quentin Skinner
The Great Debate - Yuval Levin
Lincoln and the Politics of Christian Love - Grant Havers
Where We Are - Roger Scruton

3/ The Humane Vision of Wendell Berry - Various
The Unsettling of America - Wendell Berry
Moral Matters - Mark Dooley
Red Tory - Phillip Blond
Blue Labour - Eds. Ian Geary and Adrian Pabst
Together for the Common Good - Eds. Nicholas Sagovsky & Peter McGrail

4/ The Politics of Virtue - John Milbank & Adrian Pabst
Localism in a Mass Age - Eds. Mark T. Mitchell & Jason Peters
The Antimodern Condition - Peter King
The Principle of Duty - David Selbourne
Nostalgia - Anthony Esolen
A Common Human Ground - Claes G. Ryn

5/ The Politics of Gratitude - Mark T. Mitchell
A Time to Build - Yuval Levin
Remaking One Nation - Nick Timothy
Despised - Paul Embery
Defending Identity - Natan Sharansky
Between Kin and Cosmopolis - Nigel Biggar
The Virtue of Nationalism - Yoram Hazony
CULTURE
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
ANCIENT BHARAT WAS CALLED VISHWAGURU, AND IT REALLY DESERVED IT.

India had a well developed education system centuries before the westerners arrived and called us uncivilized. Education was always given a great importance in Indian civilisation since times immemorial.


Ancient India had the Gurukulas and Ashramas as the epicentres of the knowledge and enlightenment. Bigger Gurukulas served as the centres of higher education called universities. Besides these universities, temples also emerged as the major learning centres.

Studying the Holy Scriptures, character building, personality development, responsibilities towards self,family and society,discipline and preservation of the ancient culture and heritage were the key embodiments of education.

This kind of education system made ancient India, a centre of knowledge all over the world. Many foreign students came to India for education and India was called the 'Vishwaguru'.
Takshshila and Nalanda were the two prominent universities of ancient India.


But were these only Universities of ancient India?The answer is 'No'.Let's learn about these gems of our education system that flourished across ancient India & be proud.

NALANDA UNIVERSITY
This was the oldest university of ancient India.Situated in Nalanda distt. of Bihar...
ALL
Advertisement
\u092a\u094d\u0930\u0924\u093f\u091c\u094d\u091e
प्रतिज्ञ...
@RamaInExile
#twitterArts
Arts are best form to Express thoughts & devotion. In All civilization Arts played very important role to express sprituality. Tibbeten Tangkhas are prime example .

List of My Paintings & Sketches


प्रलय पयोधि-जले धृतवान् असि वेदम्
विहित वहित्र-चरित्रम् अखेदम्
केशव धृत-मीन-शरीर, जय जगदीश हरे!!


छलयसि विक्रमणे बलिम् अद्भुत-वामन
पद-नख-नीर-जनित-जन-पावन
केशव धृत-वामन रूप जय जगदीश हरे


नंदसि यज्ञ- विधेर् अहः श्रुति जातम्
सदय-हृदय-दर्शित-पशु-घातम्
केशव धृत-बुद्ध-शरीर जय जगदीश हरे


क्षत्रिय-रुधिर-मये जगद् -अपगत-पापम्
स्नपयसि पयसि शमित-भव-तापम्
केशव धृत-भृगुपति रूप जय जगदीश हरे
ALL
Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
SRISAILAM: KASHI OF THE SOUTH (AP)
#andhratemples

The divine abode of Mallikarjuna Swamy (Jyotirlinga) and Devi Brahmaramba (Shaktipeeth).

When Ganesha was married before Kartikeya, he left in anger to Kraunch mountain. Shiva and Parvati also followed him there.


Shiva assumed the form of Jyotirlinga and resided on the mountain by the name of Mallikarjuna. Mallika means Parvati while Arjuna is another name of Shiva
It is also said that once, a princess Chandravathi, saw a cow shedding milk on a rock resembling a shivlingam.
@DubeyYash1911


She started praying to the lingam daily and used to offer jasmine (mallika pushpam) daily. Pleased Shiva appeared before her and agreed to wear jasmine garland (mallika pushpmala) on his head permanently. Since then, Shiva became known as Mallikarjun Swamy.


At this place, Shakti took the form of Bhramaram (bee) to kill Arunasur and settled as Bhramaramba Devi. The place is a Shakti Peeth as the neck portion of Devi Sati fell here.

It is said that by merely seeing the hill, one is emancipated from all his sins and worries.
ALL
Elizabeth May
Elizabeth May
@_ElizabethMay
This is NONSENSE. The people who take photos with their books on instagram are known to be voracious readers who graciously take time to review books and recommend them to their followers. Part of their medium is to take elaborate, beautiful photos of books. Die mad, Guardian.


THEY DO READ THEM, YOU JUDGY, RACOON-PICKED TRASH BIN


If you come for Bookstagram, i will fight you.

In appreciation, here are some of my favourite bookstagrams of my books: (photos by lit_nerd37, mybookacademy, bookswrotemystory, and scorpio_books)
FUN


Category Partner: Enkryptopedia