straddle selling rules



 1.after continous 5 green or red candles (5 min) tf,wait for one opposite candle and initiate short straddle



2.Check if price is away from 20 ema and if it is away, it will do mean reversion.Check thisin 5 sec or 15 sec and 5 min timeframe

3.when market is making extreme compression doji in 5TF and 15TF just exit from the stradddel

4.bearish straddle+trendline break +Support(check using volume method)+Before 1:30(FII selling)

Check if any candle closed  above the last  candle rule

5.Lesson learned...never sell options if IV is less than 18. in Nifty ATM

Let the big Move happen and after that sell options during retracement


After big move ,initiate straddle

after bearish edge breakout,inintiate bearish straddle,which is 100% profitable

Options selling at 9:16 if an only if big gapup or gap down.Ifmarket open flat dont go for option selling

Volume based supply and demand zone

Dont do intraday trading when market is at 1day tf last support or resistance.There big operator comes and intraday is difficult to handle

When there is momentum both in nifty and banknifty,dont go for straddle selling for nest 2 days and when reversal will come then only go for straddle selling for iv crush



Go with 6 lot iron fly -loss is max 12000
or else do skewed straddle
or else short vix occasionaly


TOmorrow

Wait for big movement to happen and then two reddish candle closes below previous canlde(reversion)
U will definitely get two opportunities in a day for mean reversion
Wait for reversion trick
2nd degree trendline breakout trick

Only do straddle where high volume is there using volume profile trick-
Like all strikes are not volume profile supported for straddle
35100 then 35460 ->these are straddle strikes



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