A Rule for OPTION Call Writing Making a good strategy help to be consistent in OPTION Writing
Here we will look some key point for Option Writing and the Rules .
1. Market runs in FEAR and GREED ,Make the most out of it for your trading
A stock which try to move up is very rare than most of the stocks try to fall badly
This is due to buyer and selling greed and Fear, When fear plays sell happens more than Buy
2. Make advantage of Falling Market or Sideways Market
Theta (Time) decay will help option trader to be write even if you take a wrong position
3. Identify a level beyond which the price will not move above or sideways move also ok
4. Fix the strike price which is reasonably above from current market price
Example : if a Current Market price is 1000 prefer Call side 1200 ,1300,1400 ,1500 strikes for CALL Short selling
5. Always Sell the Call on OTM (Out of the Money Range only)
6. Check the Volume and OI both must be having highest or better highest numbers ,this would help to avoid a situation where you have no buyers to cover you short CALL later
7. Check the BID and OFFER Price ,Place the Call Sell order by the OFFER Price or BID Price
8. Always choose the EXPIRY contracts which will have 40days time to get more premium price of the particular contracts.
if a expiry occurs in 10days avoid this month contract ,go for next month contract
#6 th point is due to this only ,volume matters for the trade, no volume then no trades
9. Always aim to short the CALL on the higher price
10. Do not average the CALL price often ,Set a average limit as 25% price move from the entry price
if this is helpful Like, Comment and feedback your view
Longbuylongsell
WIPRO trading at 300Rs premium from its Covid PriceWipro after this fall and at 500 this is trading with the premium of 300 Rs from its last covid price.
this is reasonable for the IT stock as well as after meeting at the adjustment of Inflation.
In my view this is trading in reasonable price for the longterm accumulation.
Stock that follows Technical Indicator Perfectly ITC#ITC follows the technical indicator Long and Short rules very perfectly.
Atleast from the last Covid season there is good signal of long and short coming in very systematic way.
Every Blue Candle from its past Black Candle i am gonna SIP the stock to make wealth
What do you think ?
#NSE
#BSE
#SENSEX
#STOCK
DWAC is in accumulation areaAfter the correction from its peak the stock is trading in the sideways market.
This gives me a good reason to accumulate now as this price will raise at any time.
Looking at the fundamental also this company has strong penetration and influence in the market.
Below is the 1,3,6 ,year performance of the company ,looking at this numbers i see there is a good potential of earning still.
DWACD
DIGITAL WORLD ACQUISITION CORP.
15.40% 64.66% 747.44% 63.95% 747.44%
Follow up from my last graph BTC 150kfrom the last chart i believe we are being supported just fear selling is happening at the moment, but i believe the up trend it coming and it on the way if we don't jump from hear i expect a double bottom W pattern to happen and surge prices but we are currently in the last leg of a W pattern just waiting on surge confirmation or jump out chart
i'm no financial advisor, this is just for entertainment purposes and i advise al traders so do their own research.
Comment if you own about 20 Million Shiba and what is your plan in this market?
Enjoy the day, and remember this isn't a place for emotions.
only invest what you can afford to invest
ITC is a Gem following the Technical and Fibonacci I have been tracking the ITC for some time ,Every move is exactly based on the Key Fibonacci Extension and Retracement levels of 38.2,50,61.8 ,In the last two down move it placed a support exactly at the key FIB level and started moving.
I see this move lead to 248 to 250 levels first before it makes any correction again.
Bitcoin Cash A Long Possible LongBuyLongSellIndicator AnalysisThe chart talks all about this analysis. After cycles of Long and Short done so far now it is looking for a long again.
Check them in my Script Page what the LongBuyLongSellIndicator Does here.
You can simply check from here as well
Some Key Rules and Easy to Follow steps ALWAYS :
Check the InfoPanel Update too in the chart.
BCHUSD BTCUSD short on Daily Time Frame LongBuyLongSellIndicatorThose of you follow the LongBuyLongSellIndicator clearly know the trend is building to be bear.
Both BCH and BTC and the ETH too looking like a short from this level.
I am on it .
Comment ,Appreciate,Like ,Share ....
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OIL US UK Both Long Started A LongBuyLongSellIndicator AnalysisMany ideas using LongBuyLongSellIndicator i have posted here so this will be very simple.
Price is turning back from low in Daily time frame.
We shall see good green candles as per the LongBuyLongSellIndicator in the Coming Week.
Here is the Indicator
you can Like Comment and Share if you like Idea or the Indicator.
BITCOIN bearish 6800 immediate next down level LBLS analysisAs per the LongBuyLongSellIndicator Alert version script based analysis the price move is very bearish and this will continue further.
Soon we could expect the cryptocoin BTC to fall to 6800.
Below is the LBLS indicator link for your reference.