The Bong Trader
The Bong Trader

@st_trader22

11 Tweets 7 reads Nov 23, 2022
How to Get a Minimum Damage and Maximum Profit Overnight in Option trading
👉It super works in Stock/Equity option Trading.
If you are interested in overnight profit gain,
This 🧵 is for you.
1. Stock option Trading are good platform to earn handsome profit with very very low risk.
👉Only 194 stocks have Future & Option (Available in NSE website/Google)
👉Better to choose high liquidity stocks ( More buyer and seller)
👉 Generally Nifty 50 stocks have liquidity
2. Stock options have monthly expiry.( 30 days time atleast)
👉Volatility is low as compare to Index trading like Nifty , Bank Nifty
👉 Daily oppertunity unlike Nifty and Bank Nifty sideways movement
👉Small Stop Loss &Huge Target
👉Positional works unlike Nifty and Bank nifty
3. Sector rotation happened in market
👉In First morning find out the sector where momentum happening
👉Chhose the best stocks (High liquidity), Support / Resistance breaks/9D high breaking/ 52 week high breaking/All time High breaking
👉Add ATM /ITM strike only
👉No OTM please
4. Wait for first 5 min candle confirmation then when u find your setup take trade.
👉1 lot can be sufficient
👉Lot size is different for different stocks
👉Average 20 K to 30K capital is required for 1 Lot Buy
👉Best time (after 1st week as 30 days to expiry)
5. Jackpot strategy for overnight with minimum damage and huge reward , Discussed with example of Appollo Hospital
👉Appollo Hospital was bullish today from morning. Market was also bullish✈️✈️
👉at 3 PM appollo hospital was 4592
👉Bullish move happened and at 3.14 PM price 4614
6. Wait for retracement or opposite movement after huge movement after 3 PM
👉Retracement happens quickly
👉At 3.24 PM price 4595 again.( That's the great oppertunity for option Buyer)
👉We will take trade here.
👉AT 3.30 price 4616
👉Benefit of Adjustment price
7. Approx Weighted Adjustment calculation
👉Difference= 3.30 PM Price -3PM price=4616-4592=24
👉Adjustment=24/(3~2) = 8~12 point
👉Actual settled price would be 4600~4604( Settled in 4605)
👉13 points profit
👉Appollo Hosp. have 1 lot=125
👉13 point in equity=7~8 point option
8. Already in profit =125x8=1000
👉Maximum chances tomorrow gap up opening can be happened in this type of 3 PM movement ( Follow previous tweet for reason)
👉Appollo Hospital 1day chart is looking good .It's gave us another confirmation for Overnight in 3PM move
👉 gap up ✈️🔥
9. If gap down happened loss will be zero to low profit.
👉If flat opens hold it as bullish sentiment is there
👉so if you find any 3 PM move take trade confidently and practice makes more perfect.
Like,comment and share for more learning. Follow me @st_trader22 @arifhasan18
10. If any one buy at 4616 then remember one thing u will be in loss of 11 point..
👉Always keep it in your mind of adjustment closing before taking trade before 3.30 p.m .
👉If adjustment in your favour then take trade otherwise u will be in loss
👉Adjustment can ruin/ Favour

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