I doubt starting back test without an intention on direction leads me somewhere. I usually start from a place like, can I back test a trend following system idea that I have. And I keep iterating!
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Keeping the music on!!
Endlessly curious about markets and finance. Options never stop exciting me.
Not an expert or advisor. Trade and tread cautiously!!
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Looking at how we are moving today, nothing feels safe bro :D
Looks like today is one too?
I agree. Looks like it's setting up for a massive upmove. View negated if there is a daily close below 24500!
We should see a big move tomorrow I guess. Mostly upside. But fingers crossed!
Premiums are juicy for a weekly expiry. If my view is range bound, I would keep selling this strangle week after week after week regardless of where Nifty expires. Even if it expires above 25k or below 24k. Mean reversion dictates that it can to come to the range some week :D
Seeing some solid support around 24500. Tomorrow is gonna be something surprising is my hunch!
3.28 PM if there has been good decay?? Doesnt decay much during the weekend. In fact VIX is rising every Monday and it can become expensive :D
Great strike selection!! That pleasure of Option Sellers to see the premium go to 0.05 :D
• May 29 1:36 PM
Back to square one? :D This is fun.
So Hello to 25000 and above finally?
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• May 28 11:25 PM
Anyone else noticing skew in Call Options?
So the market is fearing an upside? 😃
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Neraya karanjiruchu bro already :D
@mangesh8380 Ah. So a cup and handle?
What patterns have you observed?
Interesting. What's the underlying Algo? Looks like it is firing across Stocks!
Stayed away!! But interesting to see the spike at 2.15 PM before the bigger spike later. The Big Bosses always are on the right side :D
Hey. MF Investing is always for long horizon. Mathematically it is good not have great returns when you start as you get to accumulate more in the lower price. Should work much better in the coming years. Please stay invested and keep investing.
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@rsiva1429 I think discovering101 explained it better. The core idea of this strategy is to wait and trade. We take Sell Entry in OTM3 Call or Put increases by 40% of the price at 9.20 AM. Usually 1DTE is choppy and doesn't lead to very large directional moves. So we pocket a pro...