#STRADDLE strategy on #OptionsTrading (Writing) ..
Do RT🌀⚡ if you feel it useful & let it reach more peoples .
# WHEN TO APPLY THE STRATEGY
# STOPLOSS
# TARGETS
Prefer the attached images for better understanding. Any doubts Shoot your comments 🔥
Do RT🌀⚡ if you feel it useful & let it reach more peoples .
# WHEN TO APPLY THE STRATEGY
# STOPLOSS
# TARGETS
Prefer the attached images for better understanding. Any doubts Shoot your comments 🔥
So let's see when to apply the strategy..
Conditions are::
INDIA #VIX must SPIKE Huge like last two mondays ,
RSI(14) Must cross above 50 for weekly & 60+ For Monthly contracts,
After the cross RSI must close down below 50 .
Take entry BELOW that !!
Conditions are::
INDIA #VIX must SPIKE Huge like last two mondays ,
RSI(14) Must cross above 50 for weekly & 60+ For Monthly contracts,
After the cross RSI must close down below 50 .
Take entry BELOW that !!
When the STRADDLES closes above 55 exit the positions & book Your PROFITS
#TARGETS
For option writing we always look for zero on premiums not bad, but Always market make it's own plan!! So better book 10-20% Premium as TARGET 1 for more targets follow the TRAIL stop method .
#TARGETS
For option writing we always look for zero on premiums not bad, but Always market make it's own plan!! So better book 10-20% Premium as TARGET 1 for more targets follow the TRAIL stop method .
Always REMEMBER Good VIX is important among all entry setups .. Because of that huge IV spike we going take the PROFITS through the premium decays ..
While carrying for next day I prefer to take a HEDGE for protection , for an unexpected crash or spike days .
While carrying for next day I prefer to take a HEDGE for protection , for an unexpected crash or spike days .
Hope I covered important points for the strategy follow for someday before execution . Once understand & confident trade .. Also consult your finance advisor this is purely for #education purpose..
#learning
#trading
#stockstowatch
#HappyTamilNewYear
#AmbedkarJayanti2021
#learning
#trading
#stockstowatch
#HappyTamilNewYear
#AmbedkarJayanti2021
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