Mitesh Sir's EXPIRY Option Selling 101: • What to look for? • Strike Selection & Ratios • SL mgmt • Avoiding freezes • Monthy Expiry • Event days • How he would have traded last expiry? Edward de Bono says intelligence is like a Automobile “A powerful car may be driven badly. A less powerful car may be driven well. The skill of the car driver determines how the power of the car is used.” What Mitesh_Engr Sir looks at for Expiry Trading: • Technicals of BNF • Individual Heavyweight stocks of BNF • Support/Resistance of BNF on weekly TF • Also has Superb SL management • When it comes to adjustments, he is always on toes How to Select Strikes to Sell? • You can't sell based on premium • Follow only trend • Price action is best to sell on expiry day • Never wait for the options to go to zero Using Ratios to Sell: • If BNF is in a range then strangles • If breakout/ breakdown from a range then directional • Selling 70/30 or 80/20 ratios • 2 examples on how he used ratio...
Alok Ranjan Trader - “Those who keep learning, will keep rising in life.”