DESCRIPTION Mr. Jegathesan Durairaj (itjegan) is a professional Option trader, strategist, Expiry trader, Trainer, and Investor. He is a mathematician by qualification, an Ex-software professional, and now a full-time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity on Twitter as IT Jegan, with huge followers. He has won 12 times on the Zerodha platform. He founded his own firm CapitalZone in the year 2018. For Live Trades & Market, analysis Join my Telegram channel for Free Search ITJegan in the Telegram app & follow @ITJegan on Twitter t.me/itjegan --------------------------------------------------------------------------------------- Discount Offer for Sensibull & tradetron Subscription, click here. Tradetron subscription link: www.tradetron.tech/?ref=capitalzoney Sensibull Subscription link: pages.razorpay.com/itjegan --------------------------------------------------------------------------------------- To Open a Trading and Demat Account, you can use the below link, ZebueTrade: zebuetrade.com/itjegan/ Zerodha: zerodha.com/open-account?c=ZM... Motilal Oswal: www.motilaloswal.com/open-dem... Alice Blue: abopening.online/CAPITALZONE/ ---------------------------------------------------------------------------------------- Subscribe to CapitalZone : ru-vid.com Subscribe to our தமிழ் Channel CapitalZone: ru-vid.com/show-UCke6ygIkcouKm7R3nLSyalA ---------------------------------------------------------------------------------------- WORKSHOP DETAILS: Conducting workshops in all Metro Cities (Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Kerala, and Coimbatore) is often based on queries from Traders. 👉Topics: capitalzone.in/topics/ 👉Enroll Here: rzp.io/l/G1rrn8POy 👉Schedules: capitalzone.in/schedules/ ---------------------------------------------------------------------------------------- For Trading Account Opening and Other financial services, can reach us at: Phone\Whatsapp\Telegram: +91 9962143422 Free Telegram Channel: t.me/itjegan Twitter: twitter.com/itjegan/ Facebook:facebook.com/capitalzoneitjegan LinkedIn:www.linkedin.com/company/capi... Instagram: instagram.com/capitalzone_itjegan/ Website: www.capitalzone.in/
When i attended ur sensibull Webinar, did not understand much abt ur open Infy positions, while u opened ur account for showing Nifty position, I took a screenshot and tried to figure it out and was not able to findout the actual adjustment made. Cant even imagine how much others would have charged to teach these adjustment, and here u are giving it for free. I can feel you as person went from Zero to Hero, and trying ur level best to educate retail trader to become a profession. Plz dont pause these work.
Thanks Jegan . This is wonderful piece of information and its very kind of you to let us know. Loads of love for your genunity and being a great human. .thanks again
SIR, SUPERB EXPLANATION. FEARFUL WORDS LIKE SCARED, AFRAID ARE NOT FROM YOUR STATURE AS YOU CAN HANDLE ANY RISKY SITUATION. THANK U VERY MUCH SIR.THE DAYS SEEM TO BE NOT 14 & 15 JULY, IT WAS 15 & 16 JULY (AS GAP UP WAS ON 16 JULY(OFCOURSE STRATEGIES AND ADJUSTMENTS ARE IMPORTANT- NOT DATES.
Sir, Invaluable information. Mostly shared by many youtubers for a cost. Kneeling down I would like to thank you for your generosity and humbleness. Kindly keep sharing the knowledge. Many retailers would be benefited. I will watch this video for atleast 10 times sir. Regards.
Thanks Jagan for this video. To do videos like this you must have big heart. I kindly request you to do more videos like this for small retail people like me learn from it and educate ourselves. At least do 1 video like this MoM.
Jegan, thanks very much for this post. With your kind of portfolio, if you were in panic, consider what will happen to others with a small portfolio. Surely small portfolio holders need to develop a lot of patience, knowledge in options and courage before entering such trades.
11:32 This happens to me almost every time. I feel, it's me only. Now I know many have this experience. :D You are a fighter bro. Wish you all the best.
"I don't mix my covered calls with investment at all. I don't give delivery at all." THEN why you call it covered call at all. It effectively becomes a naked call sold.
sirji .. he is not naked as he don't have to buy shares to give delivery, in which he losses intrinsic value.he is trying his best to protect investment , so that to give only 10% tax as LTCG.
Abhinandan is correct. You cannot call this a covered call. It's a naked put to start with. It has no semblance of a covered call because the idea of a covered call is to give delivery if the price moves above your sold call. Anything else, whatever may be the reason, cannot be termed as a covered call in any circumstance. Being a teacher he cannot make such basic mistakes. This is elementary.
@@KT-rx5nk I see your point, but it is still a form of a psychological covered call. When you hold the underlying stock, you get to lean on the upside in case things go very wrong.
Why buy the future to protect straddle, you can unwind the call which will achieve the same result, will reduce youe margin needed and give charges will also be less. Buying future with an ITM call sold is basically shutting off all upside risk and all downside profit, which is same as unwinding the call
@@manojmishra9377 buying a future does the same thing mate, assuming you buy infy future at 960 when your call is in loss of 60rs, you will always have loss of 60rs because profit made in future will always be equal to additional loss in call or loss made in future and also the other way around. Want to understand if there is any reason to buy future and increase margin needed + incur additional charges over unwinding the call
@@BandiShreyas my understanding is basically his profitable range was 850-950 and his upper breakeven was challenged with infy at 951, hence he wanted to neutralize the upside risk, until he is sure that the upside is safe. This gave him time to think about upside challenge and maybe gain more premium in coming days by selling more calls. I usually do a ratio debit spread on the challenged side too, but of course because i don't have unlimited capital :)
DESCRIPTION Mr. Jegathesan Durairaj (itjegan) is a professional Option trader, strategist, Expiry trader, Trainer, and Investor. He is a mathematician by qualification, an Ex-software professional, and now a full-time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity on twitter as IT Jegan, with huge followers. He has won 12 times on the Zerodha platform. He founded his own firm CapitalZone at the year of 2018. For Live Trades & Market, analysis Join my Telegram channel for Free Search ITJegan in the Telegram app & follow @ITJegan on Twitter t.me/itjegan Discount Offer for Sensibull Subscription, click here. Link: pages.razorpay.com/itjegan To Open a Trading and Demat Account, click the below link, ZebueTrade:zebuetrade.com/itjegan/ Zerodha: zerodha.com/open-account?c=ZMPSLL Motilal E-KYC Acct Opening Link : mosl.co/AkSo6eS2b2 Alice Blue Acct Opening Link : aliceblueindia.in/Capital_Zone Subscribe to our Channel CapitalZone: ru-vid.com WORKSHOP DETAILS: Conducting workshops in all Metro Cities (Delhi, Mumbai, Pune, Bangalore, Hyderabad, Chennai, Kolkata, and Coimbatore) often based on queries from Traders. Schedules: www.capitalzone.in/schedules/ Enrollment: www.capitalzone.in/how-to-enroll/ Topics: www.capitalzone.in/topics/#.XEWDxVwzaM8 For Trading Account Opening and Other financial services, can reach us at: Phone\Whatsapp\Telegram: +91 9962143422 Free Telegram Channel: t.me/itjegan E-Mail: contactus@capitalzone.in Website: www.capitalzone.in/ Twitter: twitter.com/itjegan/ Facebook:facebook.com/pages/category/Financial-Service/CapitalZone-105618477801678/ LinkedIn:www.linkedin.com/company/capitalzone-in/ Instagram: instagram.com/capitalzone.in
Sir, 1. You have not mentioned how much you spent for these Transaction for getting this 18k profit. 2. You can do this Strategy because you have crores of Rupee in your pockets. How can the people who watch the people can do????
What's wrong in this? Lawrance Mcmillan in his book Option as a strategic Investment has terms selling put after a strong bull ( in covered call) as "A too Serious but all too common mistake" . Why? Suppose after you sell put market reverse back !! then? You are already in loss in CE and PE sell will give horrendous losses. So Larry suggest that in such a situation, book your future and CE position both( cash as described by you). And then relax for a while and make a new strategy.
Do you realize that after adjustments on 21st till 27, your downside breakeven was around 888 (not below 850 as you said)? Check out your PL diagrams after each adjustment. It was god's grace, infy stayed above 900 in this week, and you got to make this video.
Jegan - very nice explanation. Looking for more video.. Still I was waiting for how much margin need on this whole adjustment.. suggestion- it will be good to explain with opstra definedge site for more clarity..
@@CapitalZone it's ok. Thank you jagan. But your videos are advance stage. After watching your video workshop 2.45 hr. I am started options selling with iron Condor method. This is 4 th week. 2 weeks I am in profit side. One week I am in loss, because lack of knowledge in adjustments. I like your style of training and trading.
Very informative video. Sir I have one doubt. Why didn't you did martingale if INFY triple in first week ? You would have sold double quantity in upper side. Please guide.
Hi, I watched your 2 years back Trades Carnival video for Option Selling and loved it. For this video- Couldn't understand 2 things. 1. When you sold 850 PE why didn't the breakeven extended on downside as you collected premium for the same. Be it upside or downside. 2. On final trade I couldn't understand how breakeven of 1020 arrived?
Hi Rahul I have the same questions.. Did you found out the answers..? I think IT Jagan miscalculated the breakeven points. For u r 1 st question, I think the BE is 850. He loses money in 850 PE, if and only if the stock is below 850. For the second question, I think 1020 is correct. he is selling 1000 rs CE and collects 20 Premium. therefore he losses if INFY crosses 1020. Correct me if I am wrong.
Sir. This is good fire-fighting. But how much capital you deployed to keep all these positions open. We need to have atleast 8 Lakhs to open the above positions as you have hedged with futures also. Kindly let us know sir.
