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Aditya Todmal
Follow @AdityaTodmal 28.8K followers

5h,
15 tweets, 9 min read

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A Thread on the Boss himself @Mitesh_Engr

Mitesh Sir's Positional Option Selling 101:

• How to find direction

• Which options to sell

• How to deploy capital

• Exit criteria

• What ROI he targets weekly

• What % risk he takes

Done with the help of @niki_poojary

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How @Mitesh_Engr Sir finds the direction?

• Daily charts S/R

• 75 min charts S/R

• Intraday trend

• Always play directional

• Never trades in strategies

Which options to sell in weekly expiry according to @Mitesh_Engr?

• Weekly candle High/Low

• Sell 1% away options from those

• Exit when levels breached


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Position Sizing by @Mitesh_Engr Sir.

How to deploy your capital?

• First sell 20%

• Pyramid the next day

• When to exit

• What to do when view goes wrong

• What to do with idle capital

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Some important tweets of @Mitesh_Engr Sir

• What Data to look at

• ROI for safe players per month

• Max risk per day

• Gather knowledge and play directional

• Never play strategies

What kind of returns should traders expect according to @Mitesh_Engr

• Monthly 2% easily via index options

• With little risk 4-5%

• Beginners weekly target - 0.5%

• Consistency

• Trade fearlessly later

Important points by @Mitesh_Engr Sir

• Never average losers

• Remember levels of stocks

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• Cut losses immediately

• Overnight positions - Control position sizing/ hedge

How @Mitesh_Engr Sir determines stop loss?

• Options levels

• Bank Nifty future levels

• At that level check option price and keep that as an SL

• Rely on theta decay to help you

• This will lower your SL further

Importance of IV according to @Mitesh_Engr Sir

• Doesn't serve much purpose

• When news is priced in option premium cools

• Don't be fooled by twitter gurus

Importance of Greeks according to @Mitesh_Engr Sir 😂🔥


What @Mitesh_Engr Sir doesn't do

• Play strategies

• Doesn't believe in Greeks

What @Mitesh_Engr Sir does do

• Remember levels of stock/index

• Simple trading

Is Option selling limited profit? Look at @Mitesh_Engr Sir's explanation and think again.

Making 2X of his original capital per month now.

Power of BRUTAL compounding 🔥

Killer tweets by @Mitesh_Engr

Faster than a cheetah 🐆 surely.


@mentions

Sir has no limits

• Doesn't have any metal blocks like 1% per week

• Aims high

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This was an introductory thread on how @Mitesh_Engr Sir trades positionally.

@niki_poojary and @AdityaTodmal will be making more threads on how Mitesh Sir trades

• Futures
• Expiry Trading etc etc

Keep an eye out for those threads.

Happy learning to everyone!

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More from @AdityaTodmal

Aditya Todmal Aditya Todmal


@AdityaTodmal @AdityaTodmal

27 Jun 23 May

MASTER THREAD on Short Strangles.


Curated the best PER ORDER Vs PER LOT brokerage
Which one is better?
tweets from the best traders who are exceptional at Read the thread to know why one is clearly better than
managing strangles.
• Positional Strangles
• Intraday the other.
A THREAD ...
Strangles
• Position Sizing
• How to do Adjustments

Plenty of Examples • When to avoid
• Exit Criteria Too many people are getting scammed into per lot
broking. There are offers anywhere between 6 rs per lot
How to sell Strangles in weekly expiry as explained by to 25 rs per lot. It's financial suicide to opt for this kind
boss himself. @Mitesh_Engr
• When to sell
• How to do of broker compared to the per order ones. Let's have a
Adjustments
• Exit Criteria look at why PER ORDER is OBVIOUSLY the better choice.

Beautiful explanation on positional option selling by 1 How many lots do you sell at a time? The majority of

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@AdityaTodmal @AdityaTodmal

29 Mar 14 Mar

A THREAD on . . . . How @ITRADE191 selects strikes to Curated tweets of @sourabhsiso19 Found awesome
trade in and how he follows risk management. Short content: ⏬
1. Moneycontrol 2. Bank nifty
thread explained via pictures with the help of Strangles/Straddles
3. Learnings
4. Expiry Trading
5.
@niki_poojary. Directional trading
6. Long Term Investing
7. Pivot
system
8. DHS pattern
9. Multiple trade management
1. At the start of the week
i.e. on Friday and Monday, DJ threads/ways.
Sir prefers to sell OTM options of 50 rs premium in Nifty.
- ATM options won't decay a lot at the beginning
- With Moneycontrol article on @sourabhsiso19 ⏬

this premium reward is good
- Since these strikes are 4-5
strikes away they are relatively safer What Sourabh does and how to trade like him?

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@AdityaTodmal @AdityaTodmal

6 Mar 21 Feb

A THREAD ON @SarangSood Decoded his way of Curated tweets on How to Sell Straddles
Everything
analysis/logics for everyone to easily understand. Have covered in this thread. 1. Management
2. How to initiate
covered:
1. Analysis of volatility, how to foresee/signs.
2. 3. When to exit straddles
4. Examples
5. Videos on
Workbook 3. When to sell options
4. Diff category of days Straddles
Share if you find this knowledgeable for the
5. How movement of option prices tell us what will benefit of others.
happen
1. Straddles explanation from the boss himself.
1. Keeps following volatility super closely. Makes 7-8
different strategies to give him a sense of what's going 2. Simple Short Straddles Weekly Expiry strategy
on. Whichever gives highest profit he trades in. backtest by @Pathik_Trader

Read 25 tweets Read 21 tweets

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