The Bong Trader
The Bong Trader

@st_trader22

9 Tweets 2 reads Nov 26, 2022
How to trade in Stock options. If you want to be successfull option Buyer in stocks then this thread☘️ is for you
1. 194 stocks have Future and Options only
👉Chhose Nifty 50 stocks for better liquidity
👉Study the Nifty 50 stocks chart ( Daily, Weekly Time frame)
👉Mark Important support
👉Mark Important resistance
👉Note down in diary
👉10-15 stocks will be in your radar after scruitney
2. Analyse stocks with price action simply(Previous day activity)
👉Stocks at Breakout level
👉Stocks at breakdown level
👉4-5 stocks will be in your list(no problem if exceed
👉Note down in diary( Immediate resistance,immediate support,Previous days high/low/ closing)
3. Activity on Market day at 9.15 am
👉overall Nifty 50 sentiment ( bullish/ bearish)
👉If bullish : your stocks have also bullish view and it opening in +ve or flat take it in radar
👉If Bearish:your stocks have also bearish view and opening in -ve or flat take it in radar
4. Market sentiment
👉Nifty 50 vs Stocks view: same ( ✅)
👉Nifty 50 vs Stocks view: Opposite (✖️)
Note: If stocks have good price action and in Breakout / breakdown level then ✅
👉Add stocks in your new watchlist for today's trade (2-3 stocks are sufficient)
5. Add option strike of stocks (ATM/ITM only) example of HDFC Life (CMP 586)
👉ATM-(Present)
At the Money: Closet near by strikes ( 580 CE,590PE)✅✅✅
👉ITM-In the Money( Past) : Deep Strikes (570 CE, 600PE)✅✅✅
👉OTM- Out of the Money(Future)(590 CE, 580 PE)✖️✖️✖️✖️
6. How to take trade (with 2 min trade example profit 1925)
👉If u are bullish- Add CE (HDFC Life DEC 570 CE
👉If u are bearish-Add PE(HDFC Life DEC 590 PE)
👉Entered at 9.35 AM at 26 of HDFC life DEC 570 CE
👉Exited at 9.37AM in 27.75
👉Profit=1100X1.75=1925
7. Risk Management ( My risk appetite is low )
👉Invested capital 28600
👉ROI=6.73%
👉Trading type-Scalping
👉Time in trade-2 min
👉If hold it make an high 30
👉Positional player can earn in same trade 5500 upto market closing
8. If u think it is worthwhile then like , comment and share for more learning.
👉If u want to know scalping strategies then comment here)
Comment for any queries
Follow me on t.me and @arifhasan18

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