Iamitahuja Authors Aditya Todmal

7 days 30 days All time Recent Popular
Aditya Todmal
Aditya Todmal
@AdityaTodmal
12 FREE Courses to Learn Options Trading:🧵

Collaborated with @niki_poojary

1st Course - TastyTrade (@tastytrade)

This Youtube channel is a goldmine for people wanting to learn about options both basics and advanced.

2nd Course - Power of Stocks

Takes you to his Zerodha console and starts explaining practically from there why/when/how to tackle stock

3rd Course - Pushkar Raj Thakur: Business Coach @PushkarRThakur

Explains concepts in a very simple manner starting with option basics, and then covers the strategies and

4th Course - Option Alpha (@OptionAlpha)

They have laid out the path to generating consistent income trading
ALL , A OPTION TRAINING , FNO
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
Aditya Todmal
Aditya Todmal
@AdityaTodmal
If you use it right, Iron Fly is the most solid risk-defined strategy in trading.

But most people don't know how to adjust the strategy when it goes wrong.

Here are 7 adjustments you can do to lower risk and increase profitability: 🧵

Collaborated with @niki_poojary

0/ Who is this for?

This will greatly benefit people who freeze when it comes to managing their trades and keep booking losses.

Some trade with too much fear as well when things go wrong.

Knowing these adjustments will give you the confidence to try to manage your trades.

Most of them are to lower risk on the side the market is going in.

Some adjustments even increase the profit potential and probabilities of the trade being in profit on expiry.

Let's begin by having a look at the adjustments.

Here is the adjustment number 1 below.

1/ Don't do anything till your breakeven arrives

One reason these strategies go wrong far too quickly is due to adjusting them too frequently.

You can escape most adjustments if you simply wait for the market to arrive at your breakeven.

This will work well in monthly options.

2/ Remove Risk from Untested Side

If you've taken an iron fly and the market has gone up you can shift your put buy upwards and lock the downside risk to potentially zero.

This way you've secured one side and just need to manage the bleeding side.
OPTIONSLEARNINGS , ALL , IRONFLY RISK MANAGEMENT
Aditya Todmal
Aditya Todmal
@AdityaTodmal
8 Powerful Features of @iChartsIndia Option Data users should be using:🧵

Collaborated with @niki_poojary

@niki_poojary 1. Option Chain (Advanced):

Understand the options chain better so that you know the correct market direction and sell the right options with a higher probability of success.

Open Option Chain on Icharts and then click on:

• Trend
• Buildup
• Vwap

Like this:


@niki_poojary 2. Total PE - CE OI

Most popular and powerful feature, even used by experts like @nitinmurarkasmc heavily.

Observe the intraday Change in OI difference and align your trades with where writing is happening.

Can check it only for nearer strikes, or all strikes.

Here's how:


@niki_poojary @nitinmurarkasmc 3. Option OI stats

Shows you Total OI and Change in OI in bar chart format.

Can segregate from Near Atm strikes to all strikes.

Historical Data of past expiries is also available to make backtesting easier.


@niki_poojary @nitinmurarkasmc 4. Options snapshot

Option Chain with charts and Price and Open Interest showing in them.

Can look where open interest changes are happening.

Know quickly about multiple strikes Oi behaviors.
ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Trading Strategies 101

14 "must-try" trading strategies you can start using today: 🧵

Collaborated with @niki_poojary

We'll break these into portions of:

1. Intraday Trading Techniques
2. Positional Trading Techniques
3. Indicator Applications

1/ 6 Intraday Strategies 🧵

How to Filter Stocks for Intraday


2/ Intraday BNF strangle based on OI data. 🧵


3/ A few setups to make intraday trading easy.
ALL , OPTIONSLEARNINGS , OPTIONS STRATERGY
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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
Aditya Todmal
Aditya Todmal
@AdityaTodmal
15 popular scanners that'll 3x your ability to make profits, find trades quickly, and more:🧵

Collaborated with @niki_poojary

Listing all scanners from @Pathik_Trader Sir first.

1. Open Drive

https://t.co/darjwgqtMc


2. 80-20 Reversal Setup

https://t.co/H5JEz6KNYs


3. Fake paradise

https://t.co/QDV0MFAcf6


4. Open = High and Open = Low

https://t.co/ohhDNHzSR9
ALL , A SCANNER
Aditya Todmal
Aditya Todmal
@AdityaTodmal
The best spreads trader on Twitter: @Ronak_Unadkat

He trades in Nifty & Bank Nifty via spreads majorly.

In the Jainam Broking Speech, he shared how he trades debit and credit spreads:

Here's a breakdown of his 10 step method: 🧵

Collaborated with @niki_poojary

1. Why trade via spreads?

Overnight risk will be always capped
Limited Risk will keep you cool
Hedge our position

Strictly not to do for margin, as that will lead to overleveraging.

Traders Sell option for 100 and buy 10 rs option.

That is for margin reduction, not a spread.


2. Circuit:

If the market opens at the lower circuit or upper circuit, then our loss should be limited.

Eg - Expiry Trading on the 24th Feb Expiry

The market gapped down & traders lost huge sums of money.

Some lost 15% or 20% of their capital in a 4% index move.

If in 4% people are losing so huge then imagine if Modi says black money is back, we will open at an upper circuit.

If India-Pakistan tension news comes again we will open at a lower circuit.

In a 4% index move, people lost 10%, so in the case of a circuit, they will lose 50%.

To recover a 50% loss on capital, you need to make 100% returns with the leftover capital to break even.

In these cases, spreads cover your risk.

Even he lost 3-4% of capital on 24th but it is easy to recover in 1-2 months.
OPTIONSLEARNINGS , ALL , OPTIONS
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
Twitter is a free university.

But 98.8% forget 20% of what they read.

Here are 10 threads you must re-read:

Topic: Reversals in Option Selling via


@niki_poojary Topic: 2 Setups for Trending Days & 2 Setups for Reversal


@niki_poojary @Pathik_Trader Topic: Mistakes not to be repeated by a Pro Option


@niki_poojary @Pathik_Trader @SarangSood Topic: How Mitesh Sir does Positional Option
ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Over the last 18 months, I have scaled my income to around ₹10,00,000 or 10 lakhs per week with drawdowns below 10%.

How?

@niki_poojary taught me how to form a weekly trading plan.

I'm going to share what I've learned in this thread.

Here's the simple 10 step process: 🧵

1. Check on the daily chart if Bank Nifty is in a higher high or lower low:

A higher-high (HH) is a bullish pattern, it signifies that it is difficult for the market to go down.

If that has formed on the daily chart, the market will give all the surprises on the upside.


If the market is in a higher high mode, look for good opportunities to sell puts.

Usually, at a higher high, traders buy on breakouts and also buy the dips.

If you want a good Risk-Reward, you can sell puts on a dip. (Only if it's showing some reversal)

2. Take High Probability Trades

Simply knowing a higher high or lower low does not make money. It gives you a bias for the week.

Still, you should try to take higher probability trades that align with your view of the market.

This will get you consistency and a good mindset.

3. Support & Resistance

I would say Support Resistance is the most important and favorite thing for @niki_poojary.

She keeps updating these levels with charts on her Twitter handle during live markets daily.

Attaching some examples will do a detailed thread on this later.
ALL , TRADING
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Google Chrome is the best web browser out there.

But the right chrome extensions make it even better.

Here is a list of 16 free extensions you'll wish you knew yesterday
: 🧵

Collaborated with @niki_poojary

1. Video Speed Controller

Speed up, slow down, advance, and rewind videos.

Can play videos at 0.7x or 1.3x etc, instead of the normal 0.5x

2. Onetab

Reduce tab clutter

Convert all of your tabs into a list.

When you need to access the tabs again, you can either restore them individually or all at

3. Honey saves you money and earns rewards when you shop online.

Gives you the best

4. ClearCache

Clears your cache and browsing data with a single click of a
ALL , CHROME BEST EXTENSIONS
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Directional Traders are good at spotting patterns.

But 98.8% of the new traders, don't know how to spot patterns.

I analyzed @niki_poojary 's account, to learn the most important patterns to master.

Here are the 8 of the most important patterns: 🧵

1/ Cup and handle Pattern

Happens during an uptrend.

The cup portion has a U-shaped appearance.

The bears are getting weaker as they are unable to drive the prices below the last low.

Subhasish Pani uses this a lot in stocks to spot bullish trades.


2/ Inverse Cup and Handle Pattern

Happens during a downtrend.

The cup portion has a reverse U-shaped appearance.

The bulls are getting weaker as they are unable to drive the prices above the last high.

Subhasish Pani uses this a lot in stocks to spot bearish trades.


3/ Double Bottom Pattern

It is a bullish pattern that has the shape of a "W".

The market tries twice to break the lows but is unsuccessful.

This is a reversal pattern to observe during a downtrend for a bullish trade.


4/ Double Top Pattern

It is a bearish pattern that has the shape of an "M".

The market tries twice to break the highs but is unsuccessful.

This is a reversal pattern to observe during an uptrend for a bearish trade.
ALL , PATTERNS , OATTERNS
Aditya Todmal
Aditya Todmal
@AdityaTodmal
@Ronak_Unadkat 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

1/— OI unwinding for Aggressive trades

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.

Where option sellers are trapped no need to check the support resistance as a big directional move is going to happen.

Just aggressively sell puts straight up, pocket the higher premiums and make high returns.

Explaining the logic in the next tweet.

Logic:

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.

A call option seller cutting his position means he is not confident that the market will go down or sideways.

We take a hint from him and sell puts to make a profit.
OPTIONSLEARNINGS , ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
I went from 20,000 to 100,000 followers in 11 months.

But most of that growth came from 9 threads - which on their own generated 46,00,000 views.

So here's a recap of those 9 threads (and what they can help you with):🧵

Collaborated with @niki_poojary

I spoke to a ton of Charted Accountants as I hated paying a lot of tax last year.

I then got to know that I could've saved a lot of money by forming a Pvt Ltd Company and trading in it.

Then, I compiled all the benefits of a corporate


I used Trading View daily for a year but wasn't using it to the best of its abilities.

Most people purchase costly Tradingview plans.

Here are 9 free hacks to use Tradingview for


Whether you're a:

• Trader
• Analyst
• Content creator
• or just here to learn

You use Google Chrome daily.

So here are 16 free extensions you didn't know


If you are on Twitter and reading this thread there's a good chance you want to become a trader.

I curated 12 free courses to start learning options to make
ALL , IMPORTANT
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Stop wasting hours choosing platforms to use.

Charting: @tradingview
Strategy Builder: @opstra
Historical Data: @iChartsIndia
Basics: @ZerodhaVarsity
Scanners: @ChartinkConnect
Events: @Investingcom

Start working.
ALL
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
The absolute best 38 scanners that experts are using:🧵

Collaborated with @niki_poojary

Listing all scanners from @Pathik_Trader Sir first.

1. Open

2. 80-20 Reversal

3. Fake

4. Trapping Inside Bar (Positional
SCREENERS , ALL , SCANNER
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Twitter is a free university.

However, 98.8% of users did not see the top content on this site.

Here are the top threads from the past month:🧵

Collaborated with @niki_poojary

Topic: How to understand Volume in more depth.

This is my personal favorite in this


Topic: List of top


Topic: How to use Debit and Credit


Topic: What's happening to the
ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
16 Cool websites I discovered this year (extremely useful):🧵

Collaborated with @niki_poojary

1) https://t.co/tSNOa0nEku

Need a fake email address to sign up for a site and don't want to end up in a bunch of spam lists then here's a free website.

Self destructs after 10 minutes.

2) https://t.co/zJVhIwVBIJ

Want to learn for free from an Ivy League school?

MIT OpenCourseWare is a free and open collection of material from thousands of MIT courses, covering the entire MIT curriculum.

3) https://t.co/LsmAfQu2K4

Handpicked movies and shows of every genre.

Use filters to determine your interests and recommends movies/shows to watch for free.

4) https://t.co/agwOP6yz0l

Removes background from any of your pictures for free.
ALL
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
The highest THETA strategy you aren't using:

The SHORT STRADDLE STRATEGY.

Knowing how to use it can potentially give you the highest profits if the market stays in a range.

Here's the step-by-step guide: 🧵

Collaborated with @niki_poojary


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

1. What is a Straddle
2. Perks and Drawbacks
3. What to do when in profit?
4. How to adjust when in loss?
5. Videos on Positional Straddles
6. Ratio Straddles

Let's dive in ↓

1/ What is a Straddle?

Selling ATM CE & PE of the same strike price (usually ATM options) is called a short straddle.

Look at the picture below for an example of a short straddle in current weekly options.


2/ Why do traders like short straddles?

The highest theta or highest premium is collected in a straddle.

If the view is right, it can turn into a jackpot trade.

Sometimes the view is neither bullish nor bearish just sideways.

In this scenario, the straddle will work best.

3/ Perks of Straddles

Higher probability - More than 60% winning chance

Can turn directional too - Some strategies hit one leg SL so it turns into a directional trade

Big range - Can trade in Biweekly or Monthly or Far Months to get a wider range as well.
ALL
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Technical Analysis and 3 Strategies to deploy for Aggressive, Moderate, and Conservative Traders.

🧵Weekly Bank Nifty Analysis for 18th August Expiry:


To form a view, let's have a look at:

1. Multi-timeframe Technical Analysis
2. Option Chain Data

Also, 3 strategies to deploy for:

1. Aggressive Traders (3.36%)
2. Moderate Risk Traders (1.89%)
3. Low-Risk Traders (0.72%)


1. Technicals

Let's start by doing some basic technical analysis.

We'll look at:

• Weekly charts
• Daily charts.
• Hourly / 60 min charts.

1. Weekly-

• The market has broken out from the trendline and is extremely bullish.

• However, also note that there are 4 continuous green candles in the weekly chart.

• Until Bnf closes below the current green candle low which is 37680, bias should not be bearish.


2. Daily:

• Candlestick pattern—Bullish Marubozu on the daily timeframe.

• Chart Pattern—Gave a rectangle breakout and is running up.

Buyers are in control so until we close below the wick made today can't take aggressive bearish positions.
OPTIONSLEARNING , ALL