When to adjust Options - 5 Guidelines to stop your lossesIn this video, I discuss 5 Options selling guidelines which you can use to exit your option trades when they go wrong.
Selling options come with the risk of unlimited losses . That's why, the main aim of adjusting options is to put a cap to the losses , reassess the situation and increase profitability.
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#FINNIFTY EXPIRY SETUP US DOW is near to complete round bottom at 33300 levels which is crucial to BO and prior traded US market in green zone aling with NASDAQ. Watch chart for support and resistance levels. Buy on Dips as per sentiment.
#FinNifty Expiry SetupToday FinNifty traded between 17560-17730 range in M & W pattern which is good for option scalpers. Follow chart for proper support and resistance levels.
Nifty Expiry Trendline Analysis_280121A hugely volatile day observed following global cues. Flag patter in observed on 1 minute chart with a downside breakdown however, it is near a support zone. Wish to see the support would be held and continue with sideways movement.
Breakout visible at the end of the screen capture!
Nifty Call Option Shorting Idea_21012021Yesterday, we entered into a trade for tomorrow's expiry. We also discussed about the presence of strong resistance around 14650 to 14660 levels for Nifty50, that is where we have observed some correction or reversal. Our trade for Sell 14800CE is intact, while we have shifted the short position of 14150PE to 14250PE which is a safe bet.
Expiry Strategy 07May2020: Sell 22000 Call around 4020 day EMA stays below 50 day EMA signals the continuation of bearish sentiment. Evening star pattern in daily chart confirms the resumption of bearish sentiment. Expect the index to stay below 22000 level for this expiry.
Expiry Strategy Nov: Sell 115 Put @ 0.75. Lot Size: 5334Trend continued to be in bearish territory on back of EMA (20 EMA below 50 EMA). Recent correction from the resistance of 140 level where roof of the downward trend line hovers.
On contrary, as MACD above zero expect the price to find support around 120 levels. In the recent past, the price comfortably found support around the same level twice.
Expect a bounce back in the coming days so Nov expiry would above 120 levels.
As I always believe in option selling rather buying based upon the trend, prefers Sell 115 Put around 0.75 level.
Expiry Strategy 31Oct2019: Sell 10600 Put @ 28.Recent announcement from FM helped the index to witness breakout from consolidation phase of 10700 to 11200 levels.
MACD confirms the positive momentum.
Expect this month expiry would be above 10600 levels. Sell 10600 31Oct2019 put at 28 levels. Lot size: 75
Expiry Strategy: Sell 2300 Put Aug at 16. Lot size: 250Price crossover above 200-EMA and 50-EMA signals that the trend in positive note. Expect the price to move upward in the coming days. Recent trough around 2500 level would lend necessary support in the coming days.
Expect the stock would expire above the support band of 2300 - 2400 levels for Aug series. Recommending option writers to sell 2300 Put Aug.
Expiry Strategy: Sell 480 call Jul @ 1.5. Short term trend continue to bearish as it stays below 200-day EMA which hovers around 480.
Expect it to expire below 480 level.
Expiry Strategy Apr: Sell 240 Call @ 1.2EMA 50-day and 200-Day signals the bearish trend. Recent reversal from 50-day EMA and MACD confirms the downward trend. In the coming days, the stock would retest the downside level of 200. Expect it to expire below 200-EMA which hovers around 240 level.
Expiry Strategy: Sell 290 Put @ 1.5It witnessed a turnaround by finding a breakout from recent consolidation. As well, MACD confirms the trend reversal. Expect it would expire above 290 level for this expiry. Due to low liquidity, advised to execute the transaction by placing a sell order @ 1.5.
Expiry Strategy: Sell 85 Call @ 0.45Recently, the price found a reversal below 200-EMA. MACD confirms the bearish trend. Expect Feb series expiry would below 85.
Expiry Strategy: Sell 33 Call @ CMP 0.2. Lot size: 13000Recent struggle nearer at 20EMA signals that bears are still hold the control. As well, short term EMA stays below long term EMA confirms the bearish trend in the stock.
Expect it to expiry below 33 level.
Expiry Strategy: Sell Biocon 720 Call @ CMP 3. As price continue to stay below short term downward trend line and close below 50-day EMA with bearish engulfing would keep the trend under bearish territory. Expect Nov series would expiry below 720 and would fetch return of more than 20%p.a post expenses includes brokerage and tax.
Sell Aug 28500 Call @ 48 Negative divergence would place hurdle in higher side. Expect Bank Nifty Aug series would expire below 28500.
