How a PSU Banker is making money every week by trading options #Face2FaceEmerge
Hello hello, friends, I am Vivek Bajaj, co-founder of stockedge and elearnmarkets Welcome to another episode of emerge. Emerge is the story of ordinary people in the share market and their success this is too much fun, it is inspiring and motivating because some people are doing really well in the share market today's video is very special, our speaker used to work in a public sector bank, which I won't be able to name and before that he worked as an airman in the air force now he is trading in the share market and he has grasped the market really well you have to watch this video till the end because it will be a great learning experience if someone is watching this for the first time then let me tell you I make face2face and teach people through experts and learners and we have recorded more than 100 videos till now so please subscribe to our channel and elearnmarkets.com so you can get more updates on the share market so I would like to welcome our guest, Mr. Om Kumar Mishra. Good afternoon! greetings to everyone. So is everything fine at home? Yes, everything. So your background is very interesting. we have checked your PnL and we have seen that you make a profit that's why you are here this is a number platform and you bring traders from different parts of the country I regularly watch all your videos, so I feel very proud to be a part of this. So thank you for calling me. many people think that this platform is being used for some ulterior motive. So I want a disclaimer from you that you will not sell any training course, and you are just here for your pro bono
yes definitely, my purpose is to just teach and show my genuine method and how I am able to succeed people from small places have really big dreams, and it was the same with me I always thought that whenever I will end with this job, I will proceed with this in future The market started going in my favor and I got into it there was a situation where the whole account was grossed out It started increasing and with the speed, the profit was coming with the same speed the capital was also going he called me in his office and I learned the techniques from him in the live trading people can make money through options selling and I thought I should be doing this only I think the most important thing is to identify and respect your teacher, which is an important part of our Indian culture he also gave a very good lesson here, so let's now drive into your concepts I would like to say what I think about options writing, I still think about it generally, a trader sells both calls and put, but he should know when to enter somewhere this is what happens in option writing, now what I do in options writing and what is my plan, I will explain through this ppt I would like to clarify that I only work in weekly options profit will be in your direction and you will be able to do it nifty will have multiple strikes and if you go with one strike and you invested in 10 then you will get 2-3 rupees profit if we are able to monitor then we can do it well it is about the weekly creation and if it is able to do it then it is really great this is your weekly candle and now I will like to go through the process we will improve the put from 1000 to 1500 bank nifty is going in weekly so we will sell the opposite of call for low in 30k and it's 20%, so you are saying 30k plus 20% is low? so you are keeping 20% as the range at this point, we will create a strangle by keeping both call and put we will revive this before the market is closed so that day you will call or you will put so you have sold put in 30? when it will be uptrend then we will sell the put in the bank nifty and weekly it will be from 34000 to 40000 in last week candle, the rate is 36000 it is showing 35800, which we will consider weekly let's go to NSE's website first so we can consider this 36200 this is Friday's data and there is one gap so once's we will strike the premium before the market closes maybe there will be no call for premium, it might stay 30 on Monday there can be only 2 cases in the same case, it is getting deployed with that quantity if we sold a call on Friday during weekly trade, if we are going beyond it then we have taken 3 types of tension so we will deploy in calls character for 25% 50% of the capital that will be deployed is continued the strike will also be increased by maintaining a distance we thought that the market will range on Monday the call will stay till the time the weekly range is not broken all our rules will be applicable for Monday and Tuesday if the premium is going up then we will do it accordingly if we get into it even with adjustments on day 3 it will be approximately 15 rupees so when you are coming close are you squaring up you can keep 1000 points away and still make good money it was for the whole month of October how negative can it go for a week that had many losses as of now in 700 strangle you can get this much premium these are carry forward positions will take it till expiry and we have made some rules we select according to the fact that we should get some points my capital was 100% deployed till day 4 so we will square up the strangle we will consider the quantity with the leverage and then do so basically the strategy you started with you squared up will Thursday 50% quantity we will deploy on expiry day so 0.25 is the capital for stop-loss? if it is in your favor till 10:30 then you can get the result if the profit is going from your hands then we will break even it and for beginners why they will get the consistency that is my belief we will be able to strangle it through both call and put 500 premium you have deployed total call you will get is 30k the 30-40% of the sold premium will be converted to profit call and put both will decrease we will manage accordingly the remaining quantity will be multiplied by the price and the premium of the call will be 50 from 30 It will be 500 rupees loss so we will take put we will see the quantity below, if it is 250 below and something on the top even after the portion cut, the market is going at the same pace you have to keep doing it till the strike is up all this is dependent on the market this will come up in one expiry after 500-600 points if your M2M loss reaches 30 then you have to give we will stay with the call side after 10:30 the remaining capital is on the call side if in 10 expiries it is happening then you have to see the moment market opens then it will have an increase of 500-600 if the situation is in our favor then you will keep getting it we will keep maintaining the stripes total capital in this account was around 40-50 lakhs you can see the total premium received finally, we have squared up with 250 but for beginners, I would suggest squaring up there are costs like exchange costs, brokerage how much will be the end result after a month? how much are you relating it with the average? will they be able to create at the end of the month positional charging plays a very important role anywhere you work, 1-2 months you will get a negative return you have to keep the psychology very strong I can see the reflection of Mitesh Patel's face2face because even made an emphasis on these points need to know the weightage of major banks I have prepared the last point here if we buy them 5 minutes before the market closes this is done if there is a problem overnight if we don't do it like this then even 60-70% of the capital will go into loss so our returns won't be compromised? are you getting my point sir?