You are awesome Mr Saketh..well balanced, conceptual n non biased approach makes you unique. Proud you are from Karnataka. Make your empire larger..broader. Its a kind of social service. ❤
Hi Saketh, there are very few RU-vidrs of your caliber who can explain concepts so easily in an appealing manner & you're one such. I'm spreading your channel to my friends & family and wish you post more and more videos for option traders. No doubt you're blessed with a sweet voice that can mesmerize anyone on the go. Keep up your good work and Thanks for the knowledge sharing. God Bless you Dear
Superb. Excellent Presentation. Thank you Saketh. They are no hedges in this positional Strategy, what happens if there is a huge gap up or a gap down? How can we adjust in those scenarios? Could you make a separate Video on this? Thank you
Sure sir. This is more on naked short straddle. I have explained the risk management and position Sizing part how we take the trade. Do take a look at it once.
Thank you for the valuable content🤗 You are an Inspiration. Many traders are suggesting not to adjust on the tested side of a strangle or straddle but to adjust the untested side. Why is this a common idea? Is there a threat to booking the loss leg and keeping the profit leg? Honestly, to me, this looks like the logical adjustment. I don't find a single source that explains how to adjust the tested side. Please brief...
Great video. Is it fair to say that the adjustments for Straddle and strangle are the same? If market goes down, move the put down (and may be move call down) and market goes up move the call up (and the put up). If the market violently moves up and down all these adjustments may take a significant portion of the credit.
Great teaching . What’s the imbalance ratio you adjust at , twice or three times difference in premium , also how do you cater for big gap ups or downs as you haven’t bought hedges ..
I am also doing sgort straddle. But i adjust when premiums are at 1:3 ratio. I done backtesting for 2 years foe this strategy and getting 80% to 100% return per year.
Thanks Saketh, for sharing the SS strategies. I know you are a non directional trader, I like to know would you also execute Brokenwing Iron Condor or brokenwing iron fly based on the trend?
Can you answer? When you take a bullish or rangebound bullish straddle, the premiums are already in imbalance. How do you manage the trade when it goes against you ??
Hello Saketh, when price reach support or resistance, multiple times Option prices hit our SL. We cannot do SHIFT adjustment as smoothly as explained in video. How to set trades with SL. What is the % you usually use ?
Hi Saketh! Thanks for sharing this video. Extremely valuable. I had a question though. At 15:18, why did you balance the existing leg of 'Call' with a 'Put' of 209.9 when other Puts were available at high and low prices too.
Hey Saketh, thank you for the excellent videos and sharing this knowledge! do you consider pyramiding the winning positions with straddles - either intraday or positional? please share your view. Yes, pyramiding may need additional capital - but you could get that edge too of adding to winning position. thanks again for the knowledge sharing.
Great video. When the call premium is twice the put premium, how do you decide (rule?) should I move the call further out or should i move the put above. Thank you
nice thanks for sharing your knowledge with us ,helps alot, but i have one doubt,it looks so easy ,just take a range bound straddle and keep adjusting at certain levels, is it so easy really?? or any loop holes,never did any options strategy yet .
Hi Saketh Great leaning..see I always do with hedge for strudel in that case the adjustment will change or p&l will show diffence rather than without hedge so could you please put separate Vidio with hedging Thanks alot
You missed one of the biggest points - Options spike - The option price may be 222 but the MTM losses when it spikes to 280 for a few minutes is what affects the psychology.
Great video. At the time 33:05 the Resistance 44270 got breached. I am curious why you did not adjust? If the levels got breached but the premium is NOT imbalanced, you would not adjust? Thank you
Do you mainly trade straddle (which may be converted in to a strangle because of adjustment) or do you also put in a strangle trade as the starting point? Thanks
Hello Saketh is it really required to adjust weekly positions based on 5 min candle?? May be higher timeframe can avoid unnecessary adjustments due to false breakouts and lower brokerage..
I am using Kotak broker. They charged me Rs20 per order. Later I request 0 brokerage, now I am getting 0 brokerage for intraday FNO orders. Likewise you ask your bróker , if they don't accept, change to a 0 broker.
