Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Mehul Sangani Profile picture
Mehul Sangani
@TheMehulSangani
● System Trader ● Risk: Max 1% loss of capital per day ● If positional, ALWAYS hedge (Sleep well @ night)
Aug 4, 2022 • 6 tweets • 3 min read
Summarising the Iron Fly trade by Kapil Dhamma bhai

04-Aug (Thu)
3:16 PM:
Initiated 37700 Iron Fly with wings at 36700 & 38700 Image 05-Aug (Fri)

10:18 AM:
BN: 37910
1. Cover 36700 and buy 37000 PE

3:22 PM:
BN: 37930
2. Cover 38700 CE and buy 38500 CE

Usually Kapil bhai brings the hedges near to BEP on Friday. Reduces overnight risk. ImageImage
Aug 3, 2022 • 4 tweets • 2 min read
Summarising the Iron Fly trade by @ITRADE191 Darshan bhai

All trades are shared live in his telegram channel. We appreciate that Darshan bhai.

t.me/learnwithitrad… 02-Aug (Tue)
9:50 AM:
NIFTY: 17260
Created 17250 IF with wings at 17150 & 17350

2:19 PM:
NIFTY: 17340
Shifted 17250 sell strangle to 17250 PE & 17300 CE (Iron Condor)
Shifted 17150 PE (hedge) to 17200 PE

Max loss reduced from ₹540 to ₹90 ImageImageImage
Jul 21, 2022 • 6 tweets • 4 min read
Summarising the Butterfly Spread trade by @kapildhama bhai

21-Jul (Thu)
3:10 PM:
BN: 36183

Created following trade:
+1x 36500 CE
-2x 37000 CE
+1x 37400 CE Image 22-Jul (Fri)
O: 36322
R: 36286 - 36823
C: 36738

12:43 PM:
BN: 36732
1. Cover 36500 CE and buy 36600 CE
Now Max loss is 20 points
Max profit is 380 points ImageImageImage
Jul 14, 2022 • 5 tweets • 3 min read
Summarising the Butterfly Spread trade by @ITRADE191 bhai

Fri: Created Butterfly Spread, 16100 CE (+1), 16200 CE (-2), 16300 CE (+1)
Mon: Calm day, no adjustment required.
Tue: Bring both buy legs closed. Zero loss trade now.
Wed: No updates.
Thu: No updates. 08-Jul (Fri)

02:05 PM:
NIFTY: 16190
Created Long Butterfly Spread
Buy 16100 CE (1 lot)
Sell 16200 CE (2 lot)
Buy 16300 CE (1 lot)
BEP: 16112 - 16288

No adjustment today. ImageImageImage
Jul 7, 2022 • 6 tweets • 4 min read
Summarising the Iron Fly trade by @ITRADE191 Darshan bhai

There is so much to learn simply by following the trade along with market.

Overall trade was breakeven (₹-50)

01-Jul (Fri)
10:10 AM:
NIFTY: 15550
Created 15650 IF with wings at 15450 & 15850

No adjustment today. 04-Jul (Mon)
Open: 15710
Range: 15661 - 15852
Close: 15835

9:53 AM:
NIFTY: 15687
No adjustments till now.
He explained, only when PDL/PDH are breached, he will adjust.
Jun 23, 2022 • 8 tweets • 4 min read
Summarising the Iron Fly trade by @Pathik_Trader bhai (Thank you for sharing live)
Capital: 10L
ROI: 2%

17-Jun (Fri)

9:57 AM:
NIFTY @ 15335
Created 15300 IF with wings at 15100 & 15500

3:30 PM:
NIFTY closed @ 15293 & eod position
Per Pathik, no adjustment usually on Friday's 20-Jun (Mon)

Nifty range for the day: 15191 - 15382

3:30 PM:
NIFTY closed @ 15350 & eod position
No adjustment today, simply because BEP was never tested.
May 3, 2022 • 14 tweets • 6 min read
My attempt to extrapolate how @Mitesh_Engr bhai traded on 02-May-22.

Everything is based on assumptions, but hopefully together we can learn something.

29-Apr-22: 36088 (#BANKNIFTY Closing)
Support / Resistance: 35500 / 36600
02-May-22: Expected gap down around support 9:16 am: He probably entered 36700 ce at 110.
9:27 am: Created a strangle of 34500 pe & 36900 ce. Exited 36700 ce at minor loss. (BN around 35900 levels).

🟠 Notice both in terms of qty & premium he has more in ce compared to pe. Different way to think about directional trade.