Hi bro, I really like the way u r adjusting which is very practical but I hav one doubt regarding stop loss of adjustment trades what we take. Same 30 percent sl should b taken for that adjustment trades also please clarify... Because without stoploss we might b in ending huge losses when there are sudden moves either side
I have no words for this video...if u would have charged thousands of rupees ....i would be first one to give you...this has completely changed my psychology and trading.....i m not able to send you enough thanks for this video... lot of thanks..
@@aghilsachin if you can't control your emotions that emotions costs us more in market. Which leads to loose more and more. So try to stick to basics with proper risk riward ratios.
Thank you!👍 Nice strategy👌 by Shifting basically we are trying to keep the straddle, delta neutral and by Counter we are rehedging our initial position at half delta of other leg ...i guess
Beautifully explained so much value you guys hatts off . Best youtube channel nd best people i feel so lucky i came across optionables coz the value you guys provide is immense compared to all the big players on youtube. Optionables to 500k soooonn!!
Now a days I am hearing the option videos again just to refresh my basics like a podcast! I am for some reason becoming happy and excited when I hear the voice "Hi welcome to another video by optionables my name is Sakheet" :-D great job educating brother! thank you!
One advise so it would be useful for all the viewers. Use an excel sheet or tabular column values to show so its clean and understandable. One screenshot for each with adjustments and one without adjustments would give an easy picture of what is being discussed in the video. Overall its a good video. Can you please share how adjustments can be made for positional option trades. Appreciate the videos you guys are making.
Small correction in your calculation if you had not short CE CE SL hit @ 650 and 150 points loss PE from 400 went down to 370 and reversed to 450 means 50points loss So Total loss is 200points and not 110points By shorting CE at lower premium we gain 70 points and delta loss is 130points against actual of 200 points without CE shorting However good adjustment strategy for V shape trend 👍
Best free lesson on straddle/strangle adjustments. Rewind and play till you understand the logic. Counter when one SL is hit 30%, Counter with selling opposite option (losing side) 0.3 to 0.5 of winning premium when SL hit on losing side. Close when both premiums equal or 1.3 winning side premium. Shift when larger SL ( and mostly sure about market reversal ) and adjust when one side becomes 30%. Shift winning side closer by closing earlier winning position and monitor for original SL, while tracking 30% for winning side. Close both if Strangle becomes straddle (?)
Thanks Saket... this video is as important (if not more) to ensure that your short straddle strategy works well.. Appreciate your effort! Thanks Optionables team.
This vidoe is given me more information with examples, which I am looking for and it has very good content. Thanks for sharing knowledge on options and looking for more from your team.
Best and simple adjustment what I feel....book the loss when stop loss is triggered and create a completely new straddle there ......your small loss may get nullified by theta decay.....and always use weekly option selling.
Good content, I am watching your videos last 3days,iam impressed. Can you please share some good books in options adjustment, if possible please create one video on books. Thanks 👍
Yes if possible please refer us one good book for options adjustments or u if u clearly create one file in the form PDF or someother else which u can, it will be more useful to us to develop our trading career.
Great Video Bro... I have a request for two parts... Please make video hedging Strategy for Bank nifty & Nifty options.. Also make video for pledging components and benefits...
Also one input from my side. When market opens in the Previous day range, it tends to be rangebound. When Gap up/Down, then trend is expected. It's the observation. Can you plz backtest and publish result. Asking bcz you must have system to backtest. In this case, our strangle and straddle will be more safer..
Hi Optionable there is a glitch in your adjustment when market bounce back you told -150 from stop log leg and +130 ,but when market bounce this +130 changed to -80 and other leg which was added become +70 so overall loss -160 not -30. Loss is -160 incase of bounce back or+130 become + 20 and final -140 loss
Hi sir first we are calculating p&l before adjusting it will be you 500 rs option is at 370, which means you have an unrealised gain of 130rs. When market bounces it goes to 450, we have also accounted for a 80rs loss, which mean technically you will be making only 50 rs from that contract, that is 500-450
Hi Saketh, thanks for the incredible video. I have a doubt regarding the counter adjustment. What is the logic behind selecting the counter position strike which has less than 50% of premium of the open position ? Thanks in advance.
Saketh please start off with taking positional trades than intraday With the new sebi margin requirement it is good idea for positional than intra Good luck to you
Nice video - thank you for the effort taken to explain. One question - when we short the PE once again for adjustment sake, you mentioned the premium of that PE must be 50%to 60% lower - can you clarify the logic in that approach please?
Hello guys! Very good explanation.... I have few doubts please do reply when you are free... 1. If one SL hits we take counter position right? For this counter position always are we putting SL of 30% ? 2. If I kept SL for counter one with 30% and it also got hit.....so wat should I do with the remaining one leg? Leave it till day end with SL in system?
Should we stick to counter or use both counter and shift? like you did in 27th May expiry. Please make one video on how long we should be in counter trade than start using shifting to manage risk.
a)At 12:54 you told u will short one option.Do u mean u will create one more straddle 33500 ce and 33500 pe? b)when to take a counter and shift trade?what are the pros and cons?
When you hit a SL take a Counter Bt if SL fails You go With the Shift Or If u see a Major disbalance go within your Premium go with Shift I'm still a Learner So plz correct me if I'm Wrong 🙂
Dear, I am new to options selling. I need your advice. As you suggested after one leg hit SL one should again sell in leg send equal to half the premium left in profiting leg. Can we buy call of half the premium which one is better. What I have experience is that if the market continue call will fall less and if reverse call will move fast. As I say I am new I request your suggestion.
1. When premium matches square off both legs or only adjusted leg? 2. And what if wait till breakeven and if breaches, then square off both with no profit-no loss ? Thanks in advance!
basically we are rolling positions to add more extrinsic value to the options not getting tested (or not hitting stop loss) and capturing the max theta decay, am I correct?
even i used to do short straddles last year. it was good. but idk if its the NEW SEBI MARGIN RULES which has dried up the selling volume of options or what, but short straddles now only end up in loss. Since there is no leverage everyone is buying options and are unable to sell them, which shoots up the price of lets say CALL if the market moves up by even 60-80 points while the put doesnt come down enough to compensate. and after september when there will be no more leverage i believe every small retailer will shift to option buying increasing the volatility even further, making it worse for us option sellers, aka short stradllers. lol.
Hi in the case of short straddle how can we put stop loss. Means we are selling option put and call, buying them when PE hit 30%low and CE hit above 30%
in the counter method you gave an example of PE hitting SL and we initiated on more short on PE with premuim less than half of the Call premium. Say for example if CE SL hit also we need to follow the same steps, i,e choose a strike in Call with premuim less than half of the PE premium and short it ?
Hello Brother , I have one questions. At what time in a day we see maximum thetha decay . Generally 10 am to 12.30 pm we do not see much move in the market. So if I build straddle everyday at 10 am ( with 30% stop loss) and exit at 12.30 will I be profitable in the long run ? I you can share some data around it it will be very helpful . Many Thanks Avik
I have the same thinking and tested this on the live market. But enter at 9:50 and exit at 12:00 sharply, If not any breakout level then carry till 12:30. Except for Friday and Monday. The rest of the days ended with very good profit.
Hi saket thanks for such helpful information I have a doubt in a counter adjustment can we do this adjustment in a intraday strategy where you showed to take short straddle at 1pm and close at 2:55pm
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Hi bro, I really like the way u r adjusting which is very practical but I hav one doubt regarding stop loss of adjustment trades what we take. Same 30 percent sl should b taken for that adjustment trades also please clarify... Because without stoploss we might b in ending huge losses when there are sudden moves either side
For shifting yes. For counter. Give when premiums match
@@optionables ok thanks for the reply bro...
@@optionables if we don't account for theta decay then squaring off when premiums match will result in a net loss. Am I right sir?
@@optionables you mean when the untested leg's current premium matches the counters current premium?
@@optionables could you please make one video to clarify this for both counter and shift?
May god bless, people who are not teaching for even lakhs you’re giving for free, thank you so much 🙏
Very true!!
One of the most genuine stock market youtuber....God bless you and your family forever
Really this is "service to the community" of traders... Valuable information, keep cruising
Thanks sir for the support
I like your smiling face while you start man..gives some positive vibes..
I have no words for this video...if u would have charged thousands of rupees ....i would be first one to give you...this has completely changed my psychology and trading.....i m not able to send you enough thanks for this video... lot of thanks..
It is wonderful explained in youtube you are the first to give such information without charge god bless you
Discipline is more important rather than emotion...I like your discipline 👍
The reason y one can't be disciplined is becoz of the emotions..
@@aghilsachin if you can't control your emotions that emotions costs us more in market. Which leads to loose more and more. So try to stick to basics with proper risk riward ratios.
Sir phli bar koi shi teacher mila h options k liye india m
I was able to book my first profit on Thursday & Friday because of you guys. Thank you so much for all the amazing work you have been doing.
You guys are so good, I feel like crying. I have been following you guys since you had 5k followers.
Excellent service of knowledge being provided...Appreciate.and Grattitudes.. . God bless ....
Beautifully explained. Really appreciate the effort you guys are putting in and giving it free of cost.
Thanks a ton
Hi guys a fake channel with our logo is replying to all the comments on the video please ignore
yes
Yes he replied on me 🙄🙄
Yes
👍
Thank you!👍 Nice strategy👌 by Shifting basically we are trying to keep the straddle, delta neutral and by Counter we are rehedging our initial position at half delta of other leg ...i guess
Beautifully explained so much value you guys hatts off . Best youtube channel nd best people i feel so lucky i came across optionables coz the value you guys provide is immense compared to all the big players on youtube. Optionables to 500k soooonn!!
God bless you Sir.. Never seen such a person in my life
Thanks sir
Now a days I am hearing the option videos again just to refresh my basics like a podcast! I am for some reason becoming happy and excited when I hear the voice "Hi welcome to another video by optionables my name is Sakheet" :-D great job educating brother! thank you!
Thank you bro, i don't make consistent profit with straddle. It will help me so much
i just the love the smile on your face ,, while saying hi, i'm saket..
One advise so it would be useful for all the viewers. Use an excel sheet or tabular column values to show so its clean and understandable. One screenshot for each with adjustments and one without adjustments would give an easy picture of what is being discussed in the video. Overall its a good video. Can you please share how adjustments can be made for positional option trades. Appreciate the videos you guys are making.
Wonderful explanations.. Some charges 100 of thousands for the same info
Small correction in your calculation if you had not short CE
CE SL hit @ 650 and 150 points loss
PE from 400 went down to 370 and reversed to 450 means 50points loss
So Total loss is 200points and not 110points
By shorting CE at lower premium we gain 70 points and delta loss is 130points against actual of 200 points without CE shorting
However good adjustment strategy for V shape trend 👍
Pure trading video not much of gyan for joining training. Thanks for sharing. Effective learning.👍
Thanks Mr.Saketh for sharing invaluable knowledge with us.
Very nice. Pls post more about adjustments. I started selling after seeing your videos.
Very informative adjustment in intraday so thank you very much and God bless you 🙏
Best free lesson on straddle/strangle adjustments. Rewind and play till you understand the logic.
Counter when one SL is hit 30%, Counter with selling opposite option (losing side) 0.3 to 0.5 of winning premium when SL hit on losing side. Close when both premiums equal or 1.3 winning side premium.
Shift when larger SL ( and mostly sure about market reversal ) and adjust when one side becomes 30%.
Shift winning side closer by closing earlier winning position and monitor for original SL, while tracking 30% for winning side. Close both if Strangle becomes straddle (?)
Adjustments clearly ecplained
God bless you
Excellent way of teaching..
Thanks Saket... this video is as important (if not more) to ensure that your short straddle strategy works well.. Appreciate your effort! Thanks Optionables team.
This vidoe is given me more information with examples, which I am looking for and it has very good content. Thanks for sharing knowledge on options and looking for more from your team.
Finally I learnt adjustment rules because of you. Very well explained.
here is the thing though he has assumed imaginarly option prices, in reality teh premiums would vary though right
I had requested this video from u.. n thank u very much for sharing 👍..May God give u huge profits ahead..Keep sharing such videos...
Means seriously.....great job guys.....
Informative and useful video.. Thanks saket
Such an important informative video,
Brielient knowledge and so much simplicity in explanation..👍👍👍
Thank you so much,
you explain complete adjustment in simple way. God bless you
Thank you sir
Thank you Saketh for your effort to teach us these nuances 🙏🙏🙏
Hai saket . Your video is very educate me
One of your best videos so far. Keep up the good work.
Best and simple adjustment what I feel....book the loss when stop loss is triggered and create a completely new straddle there ......your small loss may get nullified by theta decay.....and always use weekly option selling.
Thanks for sharing your knowledge.it would have been great if you explained witth *opstra option stimulator*
Thanks Saketh. Very detailed explanation on adjustment. Will wait for your Thursday trade.
This video is very helpful for me thank you so much
Excellent explanation, many thanks
excellent bro.....keep it up...god bless you always.....
Good content, I am watching your videos last 3days,iam impressed. Can you please share some good books in options adjustment, if possible please create one video on books. Thanks 👍
Yes if possible please refer us one good book for options adjustments or u if u clearly create one file in the form PDF or someother else which u can, it will be more useful to us to develop our trading career.
Thanks for the video Saket.. Very Informative and Insightful... Keep up the good work 👍
Great Video Bro...
I have a request for two parts...
Please make video hedging Strategy for Bank nifty & Nifty options..
Also make video for pledging components and benefits...
Thank you for the much awaited video on adjustment… it was very useful
Thanks bro.. Please keep sharing your traders and importantly adjustments this will help us to learn option in a better way
Good one! One query... do you also put 30% SL on the second counter option sold?
No sir
You square off when both premiums generally match
@@optionables Thanks
After Matching will you adjust more?
Also one input from my side. When market opens in the Previous day range, it tends to be rangebound. When Gap up/Down, then trend is expected. It's the observation. Can you plz backtest and publish result. Asking bcz you must have system to backtest.
In this case, our strangle and straddle will be more safer..
Thanks for posting this..I was the one asking for this for clearing and appreciate it effort..Thank u..
Hi Optionable there is a glitch in your adjustment when market bounce back you told -150 from stop log leg and +130 ,but when market bounce this +130 changed to -80 and other leg which was added become +70 so overall loss -160 not -30.
Loss is -160 incase of bounce back or+130 become + 20 and final -140 loss
Hi sir first we are calculating p&l before adjusting it will be you 500 rs option is at 370, which means you have an unrealised gain of 130rs.
When market bounces it goes to 450, we have also accounted for a 80rs loss, which mean technically you will be making only 50 rs from that contract, that is 500-450
Nice idea for adjustment. Please advise what difference amount to be considered shfting which may vary to date to expiry.
Seeet.
Awesome content. Liked and subscribed.👏👏👏
You guys great, learned a lot and can use this adjustments right away
Thanks sir
Very well explained...Thank you!
Hi Saketh, thanks for the incredible video. I have a doubt regarding the counter adjustment. What is the logic behind selecting the counter position strike which has less than 50% of premium of the open position ? Thanks in advance.
To Have the Room In between
Kindly post more such adjustment videos.
Thank you.
Such a lovely video you have made, very informative. Thanks & please keep posting similar content.
You guys splendid .. Expecting daily videos .
Saketh please start off with taking positional trades than intraday
With the new sebi margin requirement it is good idea for positional than intra
Good luck to you
Nice video - thank you for the effort taken to explain.
One question - when we short the PE once again for adjustment sake, you mentioned the premium of that PE must be 50%to 60% lower - can you clarify the logic in that approach please?
In adjustment we normally don't enter on same instrument when sl get hit
Great information really helpful thanks bro 🙂
Really informative . Thanks !
Hello guys! Very good explanation.... I have few doubts please do reply when you are free...
1. If one SL hits we take counter position right? For this counter position always are we putting SL of 30% ?
2. If I kept SL for counter one with 30% and it also got hit.....so wat should I do with the remaining one leg? Leave it till day end with SL in system?
No SL for new position
Should we stick to counter or use both counter and shift? like you did in 27th May expiry. Please make one video on how long we should be in counter trade than start using shifting to manage risk.
a)At 12:54 you told u will short one option.Do u mean u will create one more straddle 33500 ce and 33500 pe?
b)when to take a counter and shift trade?what are the pros and cons?
When you hit a SL take a Counter
Bt if SL fails You go With the Shift
Or
If u see a Major disbalance go within your Premium go with Shift
I'm still a Learner
So plz correct me if I'm Wrong 🙂
Awesome Explanation... 👏👏💐💐😍😍
Have to watch 10 times. ... To get a exact idea..
Lakhs worth. .... Explanation...
Dear, I am new to options selling. I need your advice. As you suggested after one leg hit SL one should again sell in leg send equal to half the premium left in profiting leg. Can we buy call of half the premium which one is better. What I have experience is that if the market continue call will fall less and if reverse call will move fast. As I say I am new I request your suggestion.
Excellent videos. I am currently using your approach after my own Analysis. Keep rock boys
Great video brother 🤩
Thank you for the detailed video, it's very helpful
Hi optionables
U explained shifting with strangle, is it possible for straddles?
Which adjustment do you like the most?
Do U advice this short sraadle or strangle for positional?
Do think iron condour is safer for beginners?
crystal clear explanation
1time thoda clear hua how to do adjustments properly now vl try in markets
1. When premium matches square off both legs or only adjusted leg?
2. And what if wait till breakeven and if breaches, then square off both with no profit-no loss ?
Thanks in advance!
which adjustment is best
Excellent. Keep up with yr good work. Stay together as a team.
Thanks sir
U r a super trader..bro🔥🔥🔥
After counter adjustment do we need to put 30% stop loss on the new leg?
Acc to his explanation.. No ..
basically we are rolling positions to add more extrinsic value to the options not getting tested (or not hitting stop loss) and capturing the max theta decay, am I correct?
I saved this video to my playlist ❤️
Saketh thanks a lot!
even i used to do short straddles last year. it was good. but idk if its the NEW SEBI MARGIN RULES which has dried up the selling volume of options or what, but short straddles now only end up in loss. Since there is no leverage everyone is buying options and are unable to sell them, which shoots up the price of lets say CALL if the market moves up by even 60-80 points while the put doesnt come down enough to compensate.
and after september when there will be no more leverage i believe every small retailer will shift to option buying increasing the volatility even further, making it worse for us option sellers, aka short stradllers. lol.
Can we backtest this adjustment?
Further if the market goes down more and more, shall we do counter again when counter leg SL gets triggered?
Hi in the case of short straddle how can we put stop loss. Means we are selling option put and call, buying them when PE hit 30%low and CE hit above 30%
in the counter method you gave an example of PE hitting SL and we initiated on more short on PE with premuim less than half of the Call premium.
Say for example if CE SL hit also we need to follow the same steps, i,e choose a strike in Call with premuim less than half of the PE premium and short it ?
Hello Brother ,
I have one questions. At what time in a day we see maximum thetha decay . Generally 10 am to 12.30 pm we do not see much move in the market. So if I build straddle everyday at 10 am ( with 30% stop loss) and exit at 12.30 will I be profitable in the long run ? I you can share some data around it it will be very helpful .
Many Thanks
Avik
I have the same thinking and tested this on the live market. But enter at 9:50 and exit at 12:00 sharply, If not any breakout level then carry till 12:30. Except for Friday and Monday. The rest of the days ended with very good profit.
Hi saketh, my doubt is in counter one: if PE Stop loss hit and Market going to again down means why we take PE sell please clarify thanks
Thank you so much for the clear explanation
Saket you resemble Sundar Pichai ....nice fit for his teenage version in PICHAI biopic
Haha thanks sir
Also please help us about trailing stop loss. Will you guys use this. ?
Excellent video. Thx a lot
Thank you for all this brother
Hi saket thanks for such helpful information
I have a doubt in a counter adjustment can we do this adjustment in a intraday strategy where you showed to take short straddle at 1pm and close at 2:55pm