How much money should one start with to trade on options in Indian stock exchanges? And what is your favourite strategy to choose strike and hedge?
Don’t do options trading ie gambling. Option selling was their 1 year back, now both options buying and selling will take off all your money
Tech Industry
7h
345
Which would you chose, remote overemployment or move to Googe/Meta??
World Conflicts
Yesterday
572
American police seem to work only when Israel is challenged
Tech Industry
Yesterday
2999
I am starting to think Chinese interviewers currently fail non-Chinese candidates on purpose.
Tech Industry
Yesterday
3950
Crossed a line with my boss
Tech Industry
9h
2259
Asians - what are your thoughts on asian female white male ?
Buy half a lot of a stock when it hits bottom on weekly chart. Then when it is around 30 percent up, start selling one lot option 10 to 15 percent above the current price. Been doing good with this. If there is enough interest, I'll explain more Edit 1: Since someone is interested adding more info. Make the chart weekly timeframe . Add stoch indicator with 14 time period. When the red line is below 20, that's oversold. Start selling put options 15 or 20 percent lower. At this point you can buy half lot worth on stocks. With really good company you will never hit the option price and make loss. Now sit tight till you make 30 percent profit. Move to daily timeframe. When the red line in indicator moves above 80, it's overbought. Sell call option 10 to 15 percent further from current price. Read cash secured put and covered calls concepts. Let me know if you need more clarification
Can we buy half a lot? Tell me more... I am watching tutorials on YouTube. How do you identify bottom on weekly chart? Which indicators do you use? I found MACD and RSI reliable on paper trading.
Added more info op