The Cnceptual Trader
The Cnceptual Trader

@CnceptualTrader

7 Tweets 12 reads Aug 14, 2022
We took 11 Result based BTST trades this quarter till now.
Out of which Three gave more than 100% return, 3 gave profits ranging from 40-60%, one was in breakeven & only 3 gave losses ranging 15-50%.
Earning of >50K even if only 1 lot taken per trade.
Here are 7 Secrets -
7. Move after Results are not affected by results-
The company may post excellent results but still the stock may fall. Do not get carried away by the numbers in results.
See the result of McDowell - it was quite good. Still it fell badly, giving 100% returns to our puts.
6. The strength of gap can be predicted by using futures COI -
If the Future COI buildup is very strong, chances are high that gap will be huge.
Look at this chart, the COI buildup of SRtransfin was very high, it gave drastic moves next day giving us 100% return.
5. Result based trades don't follow Price Action -
instead they follow OI.
Look at the chart of Lupin before the results, PA wise it was looking week, but it went upwards after the results.
McDowell's was looking strong PA wise, but fell badly after the results.
4. VolCrash happens after the results - be prepared for it.
Since results are events, IV crashes after them. Delta neutral short Vol traders take benefit of this, but as a Long Vol Option Buyer our job is to seal the profit as soon as IV starts diving.
See this chart of Gujgas .
3. Long Vol Directional bets with RM give more money than Short Vol/Long Vol Non Directionals. -
The only caveat is you have to be quite right with Delta using the Data.
See this chart of #Escorts, ShortVol strangle gave around 12%, straddle -20% losses but we made +104%.
Those were the 5 secrets. If you wish to know remaining Top 2 secrets, Like & Retweet this First Tweet of this thread & I will DM you.
Thank you.
X0X0

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