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Saved by @Alex1Powell

Draft legislation to implement the UK-EU deal now published

A few quick thoughts (although very much first

 It seems like the bill contains a mix of some of the options outlined in our @instituteforgov explainer on UK ratification

https://t.co/WUa3MSkABL
Clause 29 seems to be a catch all clause - so existing domestic law is treated as subject to the UK-EU deal where it has not been specifically amended to implement it (where this is required) (more from @ProfMarkElliott
https://t.co/FEBrdG09Cy)
Also seem to be separate provisions for the social security coordination protocol to form part of domestic law (clause 26)
Clause 31 includes a general implementating power (a big Henry VIII power, that allows the use of secondary legislation to do anything an act of parliament could do). Seems to be affirmative. Exercisable by gov and also devolved administrations. Inevitable given short time.
Also lots of other powers throughout the bill - e.g. amending the Customs and Excise Management Act 1979 to give the government powers to make regulations about movement of goods
As well as some provisions on the face of the bill that change UK law implement aspects of the deal - e.g. on extradition and road haulage
The bill overrides the usual CRAG parliamentary pre-ratification process - so this will not apply to the UK-EU treaty. So the bill is the only (proxy) vote MPs and peers will have on the treaty itself.

At this stage- is ultimately take it or leave it for parliament...
Which is a pretty poor state of affairs - but given timing and nature of negotiations, was always going to be the case.

Raises big questions about the role parliament should have in scrutinising FTAs in future - e.g. more role in setting mandate/ reviewing as negotiations go...
Doesn't seem to be anything specific on new state aid role likely for the Competition and Markets Authority (where provisions in primary legislation might have been expected)

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Full Technical Analysis in Single Thread🧵

This whole course is worth 40-50K-

1- Candle sticks and how to use

2- Advanced price action

3- The dow theory

4- Moving
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THREAD ON DELTA (The most important GREEK)

Many traders don't indulge in understanding GREEKS because they think they are very complicated.

There are 4 primary greeks:

Delta
Gamma
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Vega

In my experience, understanding DELTA is enough to take benefit of greeks.(1/n)

Delta measures the rate of change of options price based on the directional movement of the underlying.

So this means we can know in advance (theoretically) how much an option will move with the underlying & so we can prepare our strategies accordingly. (2/n)

Value of delta varies between 0 & 1 for calls and -1 & 0 for puts. This figure tells how much an option price will change, when the underlying moves 1 point. So example a delta of .2 of call indicates that for every 1 point change in the underlying, the price will move .2 (3/n)

For option writers who want to trade in neutral strategies like straddle, strangle, ratios, calendar etc, delta can be very helpful. So be it any complex strategy, knowing the NET DELTA can give you an idea of how your strategy will perform in different scenarios. (4/n)

Net delta is just the sum of the deltas of all the bull options (call+ & put-) minus the bear options (call- & put+).

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Aditya Todmal
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@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.

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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

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Varsity
Varsity
@ZerodhaVarsity
A 🧵on the basics of block and bulk deals.

Block and bulk deals are large purchases of stocks by investment banks, mutual funds, hedge funds, pension funds, FIIs, and promoters. Tracking block and bulk deals can help give you a sense of what these large players are thinking.

A single transaction where shares more than Rs 10 crores or the number of shares traded are more than 5 lakh is considered a block deal.

Block deals are carried out in separate trading windows. This trading window operates in two shifts of 15 minutes each:

Morning trading window from 8:45 AM to 9:00 AM.
Afternoon trading window from 2:05 PM to 2:20 PM

Block deals happen in different windows to reduce volatility and sudden price movements. Given that they are traded in a separate window, they do not show up on the volume charts.

Brokers facilitating the transaction are required to inform the exchange. You can track bulk and block deals on NSE & BSE:
https://t.co/pwTyzWTnUL

https://t.co/g9BbHiEag3
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Nikita Poojary
Nikita Poojary
@niki_poojary
Thread: Free Options Trading Course for Beginners with small capital.

Reference: Option trading marathon series, part 1 from Mr. Subasish Pani ft. @PushkarRThakur

Collaborated with @AdityaTodmal

1/ Trading journey of Mr. Pani

• He has an experience of 7 years.

• He has made a profit of Rs. 20 cr. over these years with a capital of Rs. 2 cr.

• However, it's not easy to make such profits.

• More difficult, is to retain those profits and build more on it.

2/ How he ventured to options selling

• He started with futures and option buying however after a certain point when his capital grew, he faced scalability issues and hence he resorted to options selling.

3/ Investing becomes imp once the capital grows:

• Since his trading profits have grown well, he has started investing (investing is always for LT).

• For folks who dnt have much info regarding investing can simply buy Nifty 50 stocks & keep rebalancing as Nifty 50 does.

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sthithE manasi susvasthE sarIrE sathi yO nara:
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tathastham mriyamANam thu kAshtA paashaNa sannibham
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Oh Bhumi Devi! The entire universe is my body (sarIram).
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