A Thread on the Boss himself @Mitesh_Engr Mitesh Sir's Positional Option Selling 101: • How to find direction • Which options to sell • How to deploy capital • Exit criteria • What ROI he targets weekly • What % risk he takes Done with the help of @niki_poojary
How @Mitesh_Engr Sir finds the direction? • Daily charts S/R • 75 min charts S/R • Intraday trend • Always play directional • Never trades in strategies
Which options to sell in weekly expiry according to @Mitesh_Engr? • Weekly candle High/Low • Sell 1% away options from those • Exit when levels breached
Position Sizing by @Mitesh_Engr Sir. How to deploy your capital? • First sell 20% • Pyramid the next day • When to exit • What to do when view goes wrong • What to do with idle capital
Some important tweets of @Mitesh_Engr Sir • What Data to look at • ROI for safe players per month • Max risk per day • Gather knowledge and play directional • Never play strategies
What kind of returns should traders expect according to @Mitesh_Engr • Monthly 2% easily via index options • With little risk 4-5% • Beginners weekly target - 0.5% • Consistency • Trade fearlessly later
Important points by @Mitesh_Engr Sir • Never average losers • Remember levels of stocks • Cut losses immediately • Overnight positions - Control position sizing/ hedge
How @Mitesh_Engr Sir determines stop loss? • Options levels • Bank Nifty future levels • At that level check option price and keep that as an SL • Rely on theta decay to help you • This will lower your SL further
Importance of IV according to @Mitesh_Engr Sir • Doesn't serve much purpose • When news is priced in option premium cools • Don't be fooled by twitter gurus
Importance of Greeks according to @Mitesh_Engr Sir 😂🔥
What @Mitesh_Engr Sir doesn't do • Play strategies • Doesn't believe in Greeks What @Mitesh_Engr Sir does do • Remember levels of stock/index • Simple trading
Is Option selling limited profit? Look at @Mitesh_Engr Sir's explanation and think again. Making 2X of his original capital per month now.
Power of BRUTAL compounding 🔥 Killer tweets by @Mitesh_Engr Faster than a cheetah 🐆 surely.
@Mitesh_Engr Sir has no limits • Doesn't have any metal blocks like 1% per week • Aims high
This was an introductory thread on how @Mitesh_Engr Sir trades positionally. @niki_poojary and @AdityaTodmal will be making more threads on how Mitesh Sir trades • Futures • Expiry Trading etc etc Keep an eye out for those threads. Happy learning to everyone! __________
@AdityaTodmal @Mitesh_Engr hey bro in the first tweet he is talking about ATP, im not able to understand what he means by 50% below its ATP. At the price, how do you say its 50% and how do we intepret this data.
@AdityaTodmal @Mitesh_Engr Sir @Mitesh_Engr And @AdityaTodmal where to find Last 5 days OI Buildup in Futures , everywhere its last 1 day data available , Sorry if you find this question silly , but your support matters anticipating your reply
@AdityaTodmal @Mitesh_Engr Those two point checking last five day OI build-up in nifty and bank nifty futures and comparing option with ATP is a great learning for today.👍
@AdityaTodmal @Mitesh_Engr I have a doubt, which option should we check if it’s trading 50% below it’s average trading price. ATMs CE & PE? Can you help?
@AdityaTodmal @Mitesh_Engr What does ATP stand for?
@AdityaTodmal @Mitesh_Engr sir, what is ATP ?
@AdityaTodmal @Mitesh_Engr ATP average traded price...right?
@AdityaTodmal @Mitesh_Engr @ Sir what is ATP of options, as tweeted by mitesh sir.
@AdityaTodmal @Mitesh_Engr From 2018 the DP was same till date ??
@AdityaTodmal @Mitesh_Engr what does atp MEAN, average trading price ? please guide
@AdityaTodmal @Mitesh_Engr Sir how to find ATP of option??
@AdityaTodmal @Mitesh_Engr @aqbmjd read.
@AdityaTodmal @Mitesh_Engr What is ATP of options?
@AdityaTodmal @Mitesh_Engr ATP is average traded price? Or it's something else? 50% below its ATP means what? Let's say 36000CE BNF is traded as Rs.20, then we should sell blindly when it's traded at Rs.10? Is it what it means?
@AdityaTodmal @Mitesh_Engr Wats ATP of options ???
@AdityaTodmal @Mitesh_Engr Hi what does ATP mean in tweet of 29march














