Published: May 6, 2023
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Options trading turnover has increased more than 40x in last few years. Option trading = high return generating method. But the reality is more than 89% loss money Intraday Bank Nifty Option Trading Made Easy ( Videos ) Mega Thread ๐Ÿงต Scroll Down - Watch videos ๐Ÿ‘‡

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Making PROFITS in trading is not tough but staying disciplined without FEAR & GREED is the toughest part. Follow @learntotrade365 Join the permanent Free Telegram Channel for more updates about Free Webinars , live Market updates - https://telegram.me/learntotra... Scroll Down ๐Ÿ‘‡

Tabular column is one of the process which helps me in understanding more clearly about when to focus for a directional trade and when to avoid getting trapped in the sideways market. Both intraday option buyers & directional traders need DIRECTION to make money. Scroll down๐Ÿ‘‡

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1] Let's get started with Banknifty Intraday Direction through videos Let's understand about when to focus for a directional trade and when to avoid getting trapped in the sideways market. Chart example Video 1 Part 1 Watch the video and Scroll down ๐Ÿ‘‡

Next step is to understand whether price is ready for the direction. Chart example Video 1 Part 2 Watch the video and Scroll down ๐Ÿ‘‡

Next step is to get data points whether Buyers or Sellers who is taking control of the price. Demand vs Supply Chart example Video 1 Part 3 Watch the video and Scroll down ๐Ÿ‘‡

Next step is to identify the high probability trade opportunity. Chart example Video 2 Part 1 Watch the video and Scroll down๐Ÿ‘‡

Next step is to find a rejection in favor of the trend or weakness against the trend. Chart example Video 2 Part 2 Watch the video and Scroll down๐Ÿ‘‡

Next main focus is to stay in the correct direction even during sideways to overlapping price action Chart example Video 3 Part 1 Watch the video and Scroll down๐Ÿ‘‡

To stay with the price trend we need to first identify who is trying to more dominate the price move ( Bulls or Bears ) Chart example Video 3 Part 2 Watch the video and Scroll down ๐Ÿ‘‡

Aggressive one sided day Chart example Video 4 Watch the video and Scroll down๐Ÿ‘‡

2] Now will continue with [ BANKNIFTY Option Strike Price Selection ] First will understand the DELTA of an option to get clear idea about option strike price & always as an option buyer try not to choose OTM option to trade. Scroll down for more๐Ÿ‘‡

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โŒ Wrong Option strike selection is one of the main reason for losses. Refer below image - I always focus on ITM strike for my directional option buying. ๐ŸŸขTake full advantage of DELTA move ๐ŸŸข Advantage of DELTA increase Scroll down for more ๐Ÿ‘‡

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Next - Let's understand how much the option price has probability to move for every 100 points move in Banknifty. Delta effect to the option price movement Scroll down for more ๐Ÿ‘‡

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Most retail traders make big mistake in choosing option strike with a wrong perspective. Don't think it as a cheap option premium - Better choose the QUALITY Scroll down for more ๐Ÿ‘‡

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Refer the image to understand - One of the main reason which leads retail traders to lose big money in option buying. Scroll down for more ๐Ÿ‘‡

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Theta Decay effect on various Option strikes: Starts mostly in this below order OTM strike then --- ATM ---then ITM Scroll down for more ๐Ÿ‘‡

Trading with big quantity doesn't mean a traders will make money quickly. Start giving important to, - Believing your trading skills and confidence. - Position sizing. - Be disciplined. Consistent Profits will flow in your trading account Scroll down for more ๐Ÿ‘‡

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3] Now will continue with [ Tricks to identify Option Premium Decay Live ] Main problem which most option buyers face is Option Premium decay. I have shared a effective technique to identify option decay during Live Market. Scroll down for more ๐Ÿ‘‡

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Follow up example from the above chart about Option premium decay during sideways market. In general most option premium erosion (theta decay) happens during sideways market. Theta is option buyers ENEMY Scroll down for more ๐Ÿ‘‡

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Option Buyers high probability zones while trading ATM & ITM strike prices. VWAP helps a lot in providing data during Live Market Scroll down for more๐Ÿ‘‡

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Option buyers want, ๐ŸŸขDirection ๐ŸŸขMomentum โŒPrice should not spend more time on & around VWAP If above confirmation is not there during Live Market wait for the opportunity. Make Trading as simple as possible. Scroll down for more ๐Ÿ‘‡

Main work for option buyers is to stay with the current market direction. When all clues from the chart is showing, -Bullish means focus more on CE -Bearish means focus more on PE 40% to 50% of your loss will be reduced by following the above steps Scroll down ๐Ÿ‘‡

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Finally it's End of the Mega thread If you find the thread useful show your love & support by RETWEET & Like the first tweet. Your support is very important. Follow us on twitter @learntotrade365 to get more trading content & strategies. Also join - https://telegram.me/learntotra...

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