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Supportandresitance

Part 2 How to Draw Accurate Support and Resistance LevelsParticipants in Option Trading There are four primary participants in the options market: Buyer of Call Option (Long Call) – Expects the price to rise. Seller of Call Option (Short Call) – Expects the price to fall or remain flat. Buyer of Put Option (Long Put) – Expects the price to fall. Seller of Put Option (Short Put) – Expects the price to rise or remain flat. Each participant has a specific risk-reward profile. Option buyers have limited risk (the premium paid) and unlimited profit potential. Option sellers, on the other hand, have limited profit (premium received) but potentially unlimited risk.
CRYPTO:BTCUSDEducation
by SkyTradingZone
Part 1 How to Draw Accurate Support and Resistance LevelsThe Key Components of an Option Contract Underlying Asset: The financial instrument (e.g., stock or index) on which the option is based. Strike Price: The price at which the holder of the option can buy (for calls) or sell (for puts) the underlying asset. Expiry Date: The date on which the option contract expires. In India, options can be weekly or monthly. Premium: The price the buyer pays to purchase the option contract from the seller (also known as the writer). This premium is non-refundable. Lot Size: Each option contract represents a fixed quantity of the underlying. For example, one NIFTY option lot equals 50 units, while one BANK NIFTY option equals 15 units.
NSE:KOTAKBANKEducation
by SkyTradingZone
Day 33 of Live Algo Day Trading JournalDay 33: Good day but did not turn out good for me today. Algo gave me entry in the morning, turned out profitable, but subsequent two entries took away all the profit. Overall a negative with minor loss. Progress: Stuck to the algo even when was sure that we are near the support and should have taken profit. So, no manual trading today. Learning/ to ponder: When market takes away your earnings, should you solely rely on algo ? I am thinking of changing it to stop it once a desired profit target has been achieved and take no more trades...... What are your thoughts on this ? Let it run or stop and get out ?
NSE:INDUSINDBK
by Hiren1