OptionSeller(Vardhan) Profile picture
Sep 13, 2020 6 tweets 2 min read Read on X
Thread :-

ORB Intraday Strategy in BNF with good accuracy (15 min TF)

Explained Rules & analysis .

Do good backtest before taking positions .

Retweet for Maximum Reach .
Rules :- 15 min
Entry :- After 9:30, keep 2 orders (1 for buy at first candle high, 2nd one at sell at first candle low). Any one will trigger . Then place SL & Target Order .
SL :- 200 points
TSL :- for every 100 points move , move SL to 100 points
Target :- 200 points
.
Let us analyse trades of Sept 9th to Sept 11th .

Sept 9 :- First 15 mins candle Low & High (22453 & 22565)

Short trade triggered by 22453 at 9:51 am .
Target 22250 with SL 22650
200 points targets done by 12 pm .
Sep 10 :- First 15 mins candle Low & High
(22425 & 22534)

Long trade triggered by 10:45 am & target hit for 200 points .
Sep 11 :- First 15 mins candle low & high (22443 & 22675)

Short trade triggered by 9:42 am & target hit for 200 points .

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More from @CaVardhanCa

Aug 15, 2021
A simple INTRADAY strategy with decent BACKTEST report of more than 3-5% returns on Monthly basis.

Will be sharing live report on daily basis for a month.

& will conduct FREE webinar to discuss about the results in coming weeks.

Sharing all rules below.

(1/n)
The main aim of an Intraday Trader , is not to get caught in SPIKES & big Slippages.

So , I thought , if we create multiple entries in different times in the same day , there is some time , when market consolidate & it gives us good profits.

(2/n)
& if market is moving one side, SL hit in losing side & other side will help to make profits

& if market does V shape recovery, then also this strategy perform good as options are OTM & not STRADDLES .

As per Backtest , recovery of 1-1.2% from lows will not give loss.

(3/n)
Read 6 tweets
Jan 17, 2021
Greeks Simplified.

Basically there are 4 Greeks we need to understand while doing option selling.

Delta - change in option based on change in underlying
Gamma - acceleration of delta (mostly effected on wed & thu of present expiry)
Theta - time decay
Vega - Volatility

(1/n)
For option seller -

Theta is most favourable . So always sell options , where most extrinsic value is there .

Higher delta , higher chances of becoming ITM option , which is a negative for option seller . So always sell lesser delta value .

(2/n).
Gamma effect - will increase the option price very fast (normally we observe this in spikes while SL hunting) will happen . So to avoid this , do next week options or monthly options . Gamma effect will be less .

(3/n)
Read 4 tweets
Jan 16, 2021
This week (11 Jan - 15 Jan) Broadcast performance :-

3 days overnight straddles given 150 points .

Expiry trade 57 (butterfly), given 80+ points

Expiry straddle given 25 points .

Trade 54 booked 110 points (carried from previous week)

(1/n)
Trade 55 booked 110 points (carried from previous week)

Trade 56 booked 100 points
(Fresh trade)

BaJfin around 50-80 points

Tcs 2500 per pair .

Present holdings :- Trade 50 in loss & Trade 58 at Breakeven.

(2/n)
Made close to 3.2% this week from Broadcast trades . All this happened when VIX rose 20% 😎

Attaching real trades report .

We just spent less than 1 hour time to trade in markets.

But even if you just get 1-2% per week is really a big deal with consistency .

(3/n)
Read 4 tweets
Dec 12, 2020
THREAD (TREND FOLLOWING) !!!

Summary of call with @Trendmyfriends

" PROFIT SHOULD NOT BE THE REASON TO BOOK PROFIT "

Thanks for the call & for above statement .

I am posting my important learnings i had from you in todays call .

(1/n)
1) While entering into a trade , just focus on Stoploss & TSL . Don’t think about Profit .

2) Do pyramiding only if a stock clears important resistance like month high / new 52 week high & move SL

(2/n)
3) Whenever you do pyramiding , chances of making money is higher (don’t think , stock may go down , because we have SL & TSL in place)

4) Better do pyramiding in NIFTY 50/ NIFTY next 50 Stocks only in beginning of Trend Following career.

(3/n)
Read 7 tweets
Oct 31, 2020
Greeks Simplified.

Basically there are 4 Greeks we need to understand while doing option selling.

Delta - change in option based on change in underlying
Gamma - acceleration of delta (mostly effected on wed & thu of present expiry)
Theta - time decay
Vega - Volatility

(1/n)
For option seller -

Theta is most favourable . So always sell options , where most extrinsic value is there .

Higher delta , higher chances of becoming ITM option , which is a negative for option seller . So always sell lesser delta value .

(2/n).
Gamma effect - will increase the option price very fast (normally we observe this in spikes while SL hunting) will happen . So to avoid this , do next week options or monthly options . Gamma effect will be less .

(3/n)
Read 4 tweets
Sep 5, 2020
Thread (MUST READ , RETWEET FOR MAX REACH IF U LIKE) :-

New Trader , Lets name “RABBIT” opened Twitter - Followed 50 traders on Weekend.
Brought capital of 10 Lakh.
Seen profit Screenshot from Non directional trader on Friday.
Excited to punch STRANGLES on Monday !!!

(1/n)
Monday is a Directional day. RABBIT lost 1 Lakh. Strangles trader didn’t post.
Same day Huge profit screenshot from Directional trader.
RABBIT got excited & ready to do directional selling.
VIX increase & no decay in option- exited for 1 lakh loss.
RABBIT depressed.

(2/n)
Tue Evening , Post in Twitter saying “I MADE 100% in a day with OPTION BUYING”. Again RABBIT cheered up & ready to buy option on Wed.
PREMIUMS fallen both sides . He was SHOCKED. 100% guy said , being Wed, I didn’t buy option due to theta fear.
RABBIT lost 30% capital.

(3/n)
Read 13 tweets

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