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I received lots of DMs earlier and recently (including many today) on how I trade & do things with FnO side trades.
So here it is~
I always do hedged positions. I love playing via covered future (1/n)
So here it is~
I always do hedged positions. I love playing via covered future (1/n)
(2/n)
60% of time my positions r covered future, 30% time via bull/bear call/put spreads and 10% via naked call puts(when i am very sure at first place).
Basis of taking all the trades is via Charts and Fno data together.
60% of time my positions r covered future, 30% time via bull/bear call/put spreads and 10% via naked call puts(when i am very sure at first place).
Basis of taking all the trades is via Charts and Fno data together.
(9/n)~
So covered future gives you net net 0.4-0.7(difference b/w delta of Future & Call/Puts) points gains on every point movement if you go right on your direction.
Clean and easy till here ...of course yes :-)
Things will change when you go wrong in directional play.
So covered future gives you net net 0.4-0.7(difference b/w delta of Future & Call/Puts) points gains on every point movement if you go right on your direction.
Clean and easy till here ...of course yes :-)
Things will change when you go wrong in directional play.
(12/n)~
With big lot side playing long/short via BCS works v well.
Decent R:R. Safe play. Peace of mind.
This all looks very good and easy. However, things get changed when you go wrong on direction play via CF or BCS
With big lot side playing long/short via BCS works v well.
Decent R:R. Safe play. Peace of mind.
This all looks very good and easy. However, things get changed when you go wrong on direction play via CF or BCS
(13/n)~
Well, best is to humbly accept that u r wrong on ur analysis about direction & take stop loss somewhere depending upon individual's R:R
OR
Manage ur positions with other legs( I prefer to do this).
You can manage when you understand FnO deeply specially options
Well, best is to humbly accept that u r wrong on ur analysis about direction & take stop loss somewhere depending upon individual's R:R
OR
Manage ur positions with other legs( I prefer to do this).
You can manage when you understand FnO deeply specially options
(14/n)~
Will give gyann on how to manage positions when you go wrong some other day.
Enough for today.
@MyFnO
@vhooshh
@SethiaAtul
@insharebazaar
@threadreaderapp please #unroll
Will give gyann on how to manage positions when you go wrong some other day.
Enough for today.
@MyFnO
@vhooshh
@SethiaAtul
@insharebazaar
@threadreaderapp please #unroll
(3/n)
I do love seeing & analysing charts. And as you all know, I play cash stocks with charts & most importantly where P_V action getting v v interesting.
But when it comes to FnO scrips, nothing is more powerful than FNO....nothing. You must need to check FnO data points.
I do love seeing & analysing charts. And as you all know, I play cash stocks with charts & most importantly where P_V action getting v v interesting.
But when it comes to FnO scrips, nothing is more powerful than FNO....nothing. You must need to check FnO data points.
(4/n)
FnO data points give u what's going on & how big guys r positioning themselves to play the scrip.
Obviously being a small fish u can't swim upstream. You need to follow the stream, where swimming becomes v easy & there is a fair chance that u will reach towards targets.
FnO data points give u what's going on & how big guys r positioning themselves to play the scrip.
Obviously being a small fish u can't swim upstream. You need to follow the stream, where swimming becomes v easy & there is a fair chance that u will reach towards targets.
(5/n)~
Notice the word *Towards* in my 4th tweet. That's v important, as v only need to be right on direction with proper R:R on place.
As we are playing a leveraged thing remember *Small is big Here*
Notice the word *Towards* in my 4th tweet. That's v important, as v only need to be right on direction with proper R:R on place.
As we are playing a leveraged thing remember *Small is big Here*
(6/n)~
Now come to the original point.
Please note all Covered Futures, Bull/Bear Call/Put spreads are directional play. They are *not delta neutral*.
Intention is to make money via delta difference (Point difference b/w *+* side of your trade and *-*side of your trade).
Now come to the original point.
Please note all Covered Futures, Bull/Bear Call/Put spreads are directional play. They are *not delta neutral*.
Intention is to make money via delta difference (Point difference b/w *+* side of your trade and *-*side of your trade).
(7/n)~
With the help of charts and FnO data points i decide the direction and then i choose the type of hedge i want to create.
Please note, as I am looking for a directional play via hedge , choosing right strikes where you can make appropriate delta difference is important.
With the help of charts and FnO data points i decide the direction and then i choose the type of hedge i want to create.
Please note, as I am looking for a directional play via hedge , choosing right strikes where you can make appropriate delta difference is important.
