DELTA 📏
-1 to 1 At ATM ==Call Delta + Put Delta = 1== OTM Delta < 0 ITM Delta > 0 PUT Delta = -1 to 0 Call Delta = 0 to 1 PR Sundar on Delta 📏 pr-sundar-mission-options-full
OPTION GREEKS
Option Greeks Overview Delta 📏 ![[Delta 📏]] Gamma 🏎️ ![[Gamma 🏎️]] Vega 📰 ![[Vega 📰]] Theta ⌚ ![[Theta ⌚]] Reference
WHEN YOU ARE BACK-TESTING TEST IT ON FUTURES
Since futures are traded on the market always back test on the futures and never on the spot (cash) market. There is a good 30%-40% difference. #Investments💷/Options-Trading🎛️
NEUTRAL OPTION SELLING IS ALWAYS ABOUT CUTTING LOSS SHORT
By Praful Kulkarni Option Seller Interview with Our job is risk management, not making profit. Market gives profit. ==Neutral Strategy gives 70%-75% Probability to Profit, 25% Loss will be very large, but what matters is the ability cutting short losses of that 25%. == One question one should ask is that “Theta” or “Delta” One should be clear if they have to capture “Theta” or “Delta”. Delta then sell “ITM” or buy “ITM”, “short future”.
Read moreMARKET CANNOT TAKE UNCERTAINITY
Markets do not care who wins in elections, what markets want is a clear mandate for any party. Remember, markets can take positive things, can take negative things, but can not take uncertainty. #🧔PRSundar
SUPERTREND BY PR SUNDAR
Supertrend by #🧔PRSundar Positional only. Change to hourly candle. Take Hikanashi Candlestick. Hikanashi takes out the noise, gap up, gap down. Three super trend markers. SETUP : 3 Super Trend indicator on → (14,2) | (21,1) | (7,3) & super trend Arrow markers for these 3 indicators in trading view. Multiple arrows, Fast Movement. ==When 3 Red lines comes & Red arrow comes go short, When 3 green line comes & Green arrow comes go long.
Read moreSYNTHETIC FUTURES BETTER THAN FUTURES
Synthetic Futures better than Futures. Less STT, Can pay in Margin. ==Sell PUT & Buy CALL same strike price = Future LONG == ==Sell CALL & Buy PUT same strike price = Future SHORT == Also can make into covered call. #🧔PRSundar #Investments💷/Options-Trading🎛️
WE ARE MORE SENSITIVE TO SMALL LOSSES & GAINS
We Are More Sensitive To Small Losses & Gains The Prospect Theory So, if you want to be happy, have lot of small profits, when you have a loss take one big loss. [[The Ideal Trading Mindset]] says that an amateur trader mindset involves getting lot of small gains but take one big loss. This is a pleasure seeking mentality. THe professional traders lose a lot small amount but make one big profit once in a while.
Read moreOPTION STRANGLE ADJUSTMENT
Option Strangle Adjustment by #🧔Apna-Trader. Sell 20 Delta Call & Put for Bank Nifty or Index. Goto Option Chain. https://opstra.definedge.com/strategy-builder/ Sell Call with around 20 Delta, Sell Put with around 20 Delta. Sell 15 Delta Call & Put for Shares. Criteria for Adjustment ==When Adjustment = Price of Losing Trade > 2 x Price of Winning Trade.== ==How Adjustment = Exit Winning Side + Enter New Trade with Delta Equal to Losing Side.
Read moreTHE IDEAL TRADING MINDSET
The ideal trading mindset by Tradertom Normal thinking doesn’t lead to profitable trading. “If you can meet with Triumph and Disaster And treat those two impostors just the same.” - Rudyard Kipling 10,000 hours of training does not make you an expert. ==Have specific goal, a challenge & then follow it for long period of time. Specific is the keyword.== ==Doing it deliberately, truly a specific thing for a long period of time.
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