My options writing positions exposure criteria...

I will explain in five lacs trading accounts

I maximum take seven lots positions but delta always below 0.2...

Rsi 45-55
Two puts/two calls

Rsi 55-60
Three puts/two calls

60-65
Four puts/two calls
Dr.Jignesh Shah
Rsi 40-45
Two puts/three calls

Rsi 35-40
Two puts/four calls
Dr.Jignesh Shah
Rsi 65-70 with adx not rising
Three puts

Rsi 65-70 with rising adx

Four puts
Rsi above 70
Five/six puts

What is simple explanation of delta?

Delta indirectly reflects probability of closing in the money...
0.5 delta has 50% probability of closing in the money
0.2 delta has 20% probability of closing in the money....means 0.2 delta options
writers have 80% probability of profit

Delta 0.2 and less for option writing

Delta 0.5 and higher for option buying

Reminder again.....

Our system is dynamic means we adjust our positions according to momentum and
trend...

So our positions changes as per the change of segment in RSI....

So trade on basis of RDX strategy if you have the required flexibility.

So there is no target... No fixed stoploss...

Just do trade as per the change in momentum and trend...

Just like driving... As per the traffic press accelerator or break...