Calendar Spread Profit POP Mystery in Indian Market - Exposed with all details.

[@CapitalZone]

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 : kzbin.info Subscribe to our தமிழ் Channel CapitalZone: kzbin.info/door/ke6ygIkcouKm7R3nLSyalA ---------------------------------------------------------------------------------------- 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: [phone] 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/

[@santhoshdas9043]

"Don't do it in another account, that is not spread" Best... 😂

[@ArtAndLearn-x1z]

😂😂

[@harishbs5367]

profits may be small but losses are also small with calender spreads

[@chandrashekaradepu]

Sir meeru entha opikatho chepthunnaru sir . Hatsoff.. Thank u so much ..

[@Xxcept1onXD]

I can't stop myself from subscribing the channel. The best video on calendar on the internet 🙏 thank you so much sir

[@deepakneema1982]

Hey Jegan... I was trying explain thsi to people but nobody supported me..for Indiam markets normal credit spread is much much better than cal spread... truly agree...

[@milindpatil1320]

Knowledge about the strategies is different and actual trade is completely different in stock market.

[@optionstraddletrader5058]

He is just selling strategies. Don’t take him seriously

[@TradingHeights]

Just become the pro in adjustments. You will make money consistently

[@Vivekagrawal5800]

Iron condor is high negative vega strategy. For a high beta market like India, the chances of mtm being in negative before expiry, despite markets being inside range at expiry, is very high. So iron condor still isn't the wisest strategy. A better approach would be to mix iron condor and double diagonal spread in equal ratio, trying to make it vega neutral or slight positive

[@learningstock4783]

U have a good point.

[@AppaAmmaChellam]

Please say how to do it sir... Im new trader dont know how to combine both...

[@santanurakshit6690]

@@AppaAmmaChellam say 21.07.21 Nifty at 15650. Normal iron condor is-( in monthly) 1. Sell 1 lot 15400 pe jul 2. Buy 1 lot 15200 pe jul 3. Sell 1 lot 15900 ce jul 4. Buy 1 lot 16100 ce jul. Now add 1 set of Calendar spread with it-( monthly) 1. Sell 1 lot 15500 pe jul 2. Buy 1 lot 15500 pe aug 3. Sell 1 lot 15800 ce jul 4. Buy 1 lot 15800 ce aug.

[@santanurakshit6690]

Very true. Iron condor is hard to manage..

[@santanurakshit6690]

@Avani Ballurgi nothing works on a consistent basis. Devise your own strategy. Dont follow anyone blindly. One advice I can give you- sell 5-7 delta puts when mkt comes down. Sell 10 delta calls when mkt goes up. (All monthly). Never trade weekly options. Do nothing when mkt doesn't make any aggressive move. Wait & wait.. Btw, iron condor alone is a bad trade.. very hard to adjust. I am telling from my experience.

[@mohammedasif9724]

I am making good money with Put Calender Spread.

[@kalpeshraut]

I appreciate your transparency and ability to change. 2 years back in Traders carnival -Mumbai you highly recommended calendar strategy.

[@tiruppurbulls]

Everything finally comes to Market direction. If an option strategy is executed in the market direction, then probability of winning that strategy is more . for example Friday market closed with the Rising or recovery trend. If anyone executed Bull call spread then likely to profit. option buying or selling is purely beting, it is as simple as that. Place your bets precisely

[@pawandesh]

This proved wrong for me Today. I sold BNF 36900 CE for this week expiry 23 Sep and bought 30 Sep 36900 CE. The price of current expiry is more and giving me loss. Whereas next week expiry call is not moving that fast. I am confused why this is happening? 😟

[@bhargavdave7516]

I have seen many times that IV changes differently for different expiry. That time calender or diagonal spread are not protecting us even if it is vega neutral. The underlying assumption of calender or diagonal is IV change is same throughout the expiry. How to manage this if this happens. See April 2021 expiry.

[@virenshah4997]

Calendar spread in USDINR options are feasible than doing in Nifty or BN?

[@abhimanyudas9056]

He is saying 100% truth....i experienced it

[@karthickkumar9758]

Excellent video very helpful.thank you Jegan ...

[@Avinashrathore555]

I opened calender spread in banknifty. 1400 otm was hedged in next expiry. But Monday market moves 1500 point down and I had to book loss around 10000

[@Vivekagrawal5800]

how many lots and what ere ur strikes

[@shkamath.k2372]

Avinash ji, If you are ready to invest 5 lakhs you can get good returns in a month.

[@Avinashrathore555]

@@Vivekagrawal5800 date 16-4-21 Sold 22-4-21 expiry - Call 32200@ 536.90 - Put 32200@ 573.16 Bought for hedging Exp 29-4-21 +Call 33400 @ 327 +put 31000@ 375 It was done with single lot

[@Avinashrathore555]

@@shkamath.k2372 how

[@optionstraddletrader5058]

Go with straddles. Remaining all are non sense

[@amitayumandal]

As usual awesome...🙏

[@hemilcivil3909]

Weekly options we can make calendar spread, in weekly enough liquidity available...🙏

[@bhaskardebnath6401]

Outstanding analysis and recommendations

[@priteshradadiya3085]

Is it allowed to hold suppose pe or CE which we sold?

[@anandn7981]

Watched many videos each one was very useful & clear explanation. Subscribed today 😊

[@MrSudeepantony]

Can you tell adjustments in PUT calendar which is most commonly used among calendar spread

[@prajitvishnukarthik8886]

Sir, in calender spread Do option buyers or option sellers benefited from time decay factor?

[@prasadrao5333]

Great Sir, Outstanding explained

[@sauravpant5604]

You r same as p.r sundar voice...great person you are

[@shyamji7242]

Very right , simple things work smoothly , calender is complex one

[@bharathshetty6222]

I think normal calender spread make sense for currency segment(USDINR) as it's less volatile in nature.

[@yogarajk1352]

But I found in bank nifty it is profitable. Two conditions favour VIX need to crash and weekly iv & monthly iv. needs to be different

[@saiprasad9492]

I'm doing diagonal in nifty on every week enter Tuesday 3pm n exit as per ur comfort, Sell current week 20 premium strike nd buy above 100pts difference strike both sides,, giving good returns

[@JayendraMaster]

Did it work every week

[@adiyabhandari4665]

Is it work when IV above 30?

[@saiprasad9492]

Yes, every week but we might not get in profit sometimes need to get out with sl if market opens huge gap up or down,

[@adiyabhandari4665]

@@saiprasad9492 thank u sir, nobody tell about loss, one question, 100 pts difference strike - is it current week, or month or next week?

[@saiprasad9492]

@@adiyabhandari4665 next week

[@pradeep19821000]

Clearly explained sir...🙏hats off to you

[@abunirmal7408]

Excellent Teaching Sir.. Thank you very much...

[@yogeshwadhwani4267]

Nice explanation. Request you to make on butterfly strategy also. Thank you.

[@ronakmehta999]

Sir awaiting your video on Future Calender Spread

[@sanatsahu]

Very nicely explained Calendar Spread.

[@atulgoodify]

Good suggestion generally people don't disclose about this

[@Harryprasad930]

Please show the backtested data also...

[@TheANILbisht]

Thank you for this video Jagan sir...❤️🙏

[@hallmark1969]

right.calendar does not fetch profit in indian mkts.low risk vry lo profit.miss trending oppurtunities

[@saranraj3392]

Hi jegan can you please suggest, Debit vs credit spread which is better?

[@SalmanOptionsTrading]

INFOSYS HITS $100 B MARKET CAP || STOCK OPTIONS TRADING STRATEGY - search this query

[@DeepakKumarHans1968]

Sir, Which is the safer & more Profitable method,...Put credit calendar, ....Call credit calendar....or...iron condor ?

[@surekag3844]

Wow what an excellent video.thanku very very much jegan sir.god bless u for teaching us.make more videos on put calendar adjustments,if possible live trade for a week,if market comes down and again goes up then what we should do the sold call pls tell?I have seen ur traders carnival video.

[@carakeshpatel3983]

but you mentioned you made lots of profit in calendar spread, so how did you do that?

[@ganeshghadge3660]

I have same question?

[@9PMTrader]

Jegan I don't have words to say , What to say, Indian Market , Indian Market

[@fahadkhan-sy8hd]

About Futures calendar please share ur bright knowledge

[@AbhishekSharma-er2rd]

True... Credit Spread works in Indian Mkt..

[@shaikhdawoodh2510]

Do double calendars is more profitable with exit at Wednesday

[@sankararaju3374]

Sir if possible iron fly adjuststment methods.

[@milindpatil1320]

The average indian person has a trading capital of Rs.3 lakh. There is one simple calculation of option selling which the expert doesn't want to show otherwise he cannot sell the complicated option strategies. I hope everyone will agree. If you simply know the trend or even one move of nifty or bank nifty, it is enough. You can easily generate minthly profit of minimum 5% to 10% on your capital without any strategies... continuing in next chat

[@respect9477]

Continue bro

[@miteshkumardave5328]

More please... Pl give here that simple calculation

[@MrSudeepantony]

Thanks for the information. I also did some back testing and found it not favorable in risk reward ratio

[@raviteja-xx4fk]

When market goes reversal..then how to do adjustment Sir.. Please add adjustments part to your vedios... More helpful for us🙏

[@sumithvarma7361]

I have developed Calender Spread Algo for Nifty & BankNifty Strategy along with Adjustments maintaining Delta Neutral ...., My Algo runs and mostly closes in Profit....,

[@RajiTech]

Can u teach me

[@balavijaya9261]

What should we do if selling in the weekly expiry PE is expired at the week end? But monthly expiry PE continues. Need explanation.

[@anishrajan]

You have to exit both together, weekly and monthly

[@bijushanmughan2532]

Thanks. Can you make a video for Double Calender Spread pls

[@AtulKumar-wu4og]

While executing this strategy on Friday, there is a possibility that any positive or negative news in these 3 days can give you trouble because of gap up or gap down .

[@thegameofcandles]

Yes

[@rahshail]

Ironfly is not profitable in long run. I have backtested nifty for last 21 years approx i.e. from 01.01.2000 to 31.03.2021. If we would have made ironfly in weekly expiry on every Friday morning opening and waited till Thursday closing then ironfly would have given loss on net basis. I can share Excel sheet of this backtesting or you can check your own.

[@CapitalZone]

I am also not big fan of Iron-Fly, but it can give profit if you are running on Wednesday evening

[@CapitalZone]

I do only intraday in weekly. You can call me in 9962143422 so that we can discuss backtesting results

[@g.veerabhadrappa7070]

Great man ..very skilled trader

[@santhoshgrm]

You have given clear explanation but you missed to provide case study which can give more weightage

[@hedgingflavours6400]

Double Diagonal calendar spread option strategy can be implemented though Algo that i ran it weekly options and it gives good profit

[@miteshkumardave5328]

How

[@viruthachalam]

Thank you Jegan.

[@N3L6V9]

Basic things explained in a really good way... as the basics are clear because of these videos, foundation is getting stronger....these videos are really helpful sir.... Thanks a lot!

[@banubeforeu]

sir then why are doing calender spreads which i follow regularly in youtube

[@fazalcena]

what about sell option this week and buy next week at same strike price

[@karthikraghuraman8288]

Deep understanding of Indian market conditions 👍

[@CapitalZone]

Definitely

[@purushothlickpm2473]

Jagan Some thing is missing in u r explanation. But can u explain in upcoming videos short and sweet and clear ideas to understand better👍

[@freethinker8309]

Nice one

[@greeksanalysis5637]

Very inspired by you sir ♥️

[@ayanannu7276]

You are unique one sir ❤

[@gadreswanand]

Perfect👍

[@kskshankar2003]

How to learn these kind of strategies? Is there any good book or videos or courses to learn these kind of strategies...I would also like to know the meaning of various terminologies associated with F& O like Vix, OI etc..Kindly guide me...Thanks in advance

[@vishnuvijayvs4057]

Zerodha varsity

[@kskshankar2003]

@@vishnuvijayvs4057 thank you

[@hairstuff371]

Now lot size changed how will you do these spread impossible

[@gaurabkumar890]

Excellent explanation sir

[@anuragharsole6387]

Can you explain about Double Diagonal Spreads and its Adjustments.?

[@dhirendramisra8687]

What amount of money is required in your strategy minimum ?

[@hiteshsharma2861]

5 to 10 lakh

[@jakubnosek146]

Haha... thanks for the conclusion in the end... it means, you do not know, how to trade calendars... 200% per year with calendars only is good enough for me :) No word about settings, management, adjustments... only very basic know-how presented... :(

[@andreaharley6320]

Give some idea about calendar spread for range market

[@jakubnosek146]

@@andreaharley6320 Try weekly or double-weekly double calendars

[@andreaharley6320]

@@jakubnosek146 weekly means sell current week Put and buy put of next week ? double weekly means ? at what the right time to enter the market ?

[@jakubnosek146]

@@andreaharley6320 weekly I thought about 7dte short. Double-weekly about 10-14dte. Ideal entry for calendars are when the IV is low

[@dheerajkamble6493]

Thank you Sir, you saved me..

[@surekag3844]

I am using biweekly double diagonal calendar spread

[@NaveenKumar-mi4jz]

How do you made lot of money in calander spread, if you are not recommending ??

[@CapitalZone]

Adjustments

[@suthishofficial]

@@CapitalZone Jegan sir before you said about only hedge with index options even when using stocks. 1. So how many banknifty lots equates to 1 lot bank stock. 2. In opstra if 1 lot futures move 8 pips in predicted side it still shows different value. Does futures like that or some mistake ?

[@arvindhatkar]

Sir I am able to take position in Calendar Spread (e.g. SELL-36000PE-Sept, BUY-36000PE-Oct), but I can not book profit quickly, because of illiquidity problems, please suggest any trick. (So many times I have seen your telegram messages after booking profit)

[@mahendrapriyadharshini4073]

Thanks 😊

[@rajendraagarwal9286]

Good sir

[@fartywood3917]

I am always looking for Delta neutral strategies, the alternative you recommended dont provide that option.

[@srinuk2373]

Well explained

[@learningstock4783]

Superb explanation especially the tweak of intra strike price distance. Jegan -while you give lot of proposed solutions (nd they work) . However, you must make a video on HOW TO BRING DOWN MARGIN costs for double spread/ IC etc. For retail trader, even if they want to apply the solution u propose, the margin money becomes a challenge. I'm sure you must be having a trick up your sleeve where the costs can be minimised. Do make a video on how to do margin reduction for the IC/ double spread etc. Thanks a bunch 👍 Thanks

[@rengagovind727]

Superb sir

[@MrCijomathew]

past 2yrs iam profitable with weekly calender

[@jobinchowattukunnel]

What do mean by great return? I did back testing and found that a profit of 5% on Nifty monthly calendar spread is quite possible.

[@chriselkandathil1921]

Yes we are getting the results 😊

[@bushy2708]

yes, these people actually misguid and confuse people so that they can sell their courses. For example, we know the difference in us and indian mkt but we hv to learn the deep concept of strategies and when to aaply the same. not a single strategy will work everyday. we hv to deploy those as per mkt conditions so the calenders. Yes, in india, we can only do calenders on nifty but bnf its dangerous. Stocks r not liquid as us stocks but sometimes u can do in good stocks like rel hdfc while earnings ahead. But nifty gives best results and nifty has best liquidity in current next and monthly expiry, we neednot do far than that say leap calendar due to less liquidity. These people won't explain retailers that how and when to place calenders and that can be learnt by us markets. just for theta benefits you cannot do these strategies on fix Friday or Wednesday. Iv plays the imp role while placing the calendar orders. Also we have to use current and monthly amd not next expiry as theta decay almost same for current and next expiry. Calenders actually give protection same or even more than straddles with half margin that mens you can do two calenders in one straddle margin and with additional protection than undefined loss of straddles. Also,its not like that u get up and place the order for calender spread. It needs to consider the Iv values of each Option while placing the order. Put or call calendar is not important but how much less debit you pay for spread is very imp and then which ever is less wether it call or put u can place it but first step to chk Iv and then less debit. If you get these both conditions favorable in put calendar then it will be more beneficial as put iv expansion probability is more than that of call. But if we found similar or near conditions in call as well as put then place double calendar. Double calendars have more margin benefits. Backtesting never give actual results as all conditions or criterias are fixed. but while placing strategies we analyse the various parameters and place it though someone must papertrade it on excel on daily basis to get the actual and exact results. Ultimately, in india, u can do calenders on nifty only and learn specialities from us mkt and first test them in excel papertrade.

[@rahshail]

@@bushy2708 Nicely explained bro. You can yourself make a KZbin video on this 😂

[@jobinchowattukunnel]

@@bushy2708 Completely agree with you. Time your entry during low IV. Calendars can provide one decent returns. Adjustments are also rather easy by setting up another calendar at Breakeven. Do it only in Nifty.

[@anandanbazhagan8751]

@@bushy2708 🤝

[@nlajay01]

After saying everything it’s nt good Fr Indian market 😂😂😂

[@719rules]

I lost 40 points doing both debit and credit calender spread due to liquidity issues .. diagonal spread of weekly was good to me

[@optionstraddletrader5058]

Go with straddles. Remaining everything is non sense.

[@justplay6315]

@@optionstraddletrader5058 ur very right... Just use opstra to see how the calendar spread works... Most of the time profit amount is less than loss even for credit or debit spread this Jagan is speaking of... It is bullshit otherwise everyone would already be doing it

[@justplay6315]

Ironic that.. if one uses zerodha will find it very difficult to make a profitable iron condor ... Because difficult to buy those far away strike price call and puts ... It always says ashole sebi is restricted you from buying this.. NUDGE! ASHOLES they find that very easy to pull our retailer money but while letting us buy a profitable position they have a problem and they put a stupid Nudge! Market is bullshit because of the sepi rules designed by its castrated chairperson .. who needs to be taught lesson by putting a big iron rod to his backside

[@optionstraddletrader5058]

@@justplay6315 bro iron condor Is possible far away OTMS. I am doing it in zerodha

[@justplay6315]

@@optionstraddletrader5058 how? When I go to buy far otm options it says 'nudge' the strike price is not available due to sebi restriction .. message... How do u buy far otm 🙄🙄🙄🙄🙄🙄impossible bro!

[@SIPWealthCreator]

The video is helpful. Thanks 👍

[@theStockLover]

Hello,

[@theStockLover]

Good investment ideas.

[@theStockLover]

Don't make ur investment so complicated..just invest in good ideas.. For best long term ideas , sub stock lovrs.. Learn and earn

[@gobbur888]

Sir, I took Nifty Dec 15500 CE @ 1200/- Premium in February. As a Calendar Spread. Now the premium is around 600/- and I don't want to Squareoff in loss. Now SEBI is going to decrease the Lot size of Nifty from 75 to 50 from July 2021. So what will happen to my existing option. Plz reply sir.....

[@CapitalZone]

It will be taken care with Qty nd premium.

[@gobbur888]

@@CapitalZone Thank you for ur response Sir.

[@Risingprabin]

You are right

[@swapnilkoshatwar1656]

Thanks

[@vac2695]

Simple open acct in US transfer upto $250000 and do it there plus you get dollar appreciation benefit

[@vac2695]

If you want to open US acct let me know i can help and invite you and guide best way to transfer money, dm me

[@milindpatil1320]

Sie, You are explaining the options strategies in a good way but it is not necessary. In intraday, if you know the trend it is enough eg 4 days back, there was a fall in us market and as we mostly follow us market and sgx nifty, our market also opened with gap down. So the option trader easily gets the gain of minimum 50 points in selling banknifty call option. Only requirement is good capital. Also there is no need to carry the option positions. Intraday gain is enough.

[@santanurakshit6690]

You are saying that India is high beta mkt. So volatility is higher in India. Isnt that itself a good reason to play with calendar(Put only).. Normal put credit spreads being Vega negative gives a m to m loss which is tough for some young traders to digest. In falling Vix environment, its fine. In expanding Vix, nothing beats a calendar.

[@manojeaswaramoorthy6573]

I lost huge money in calendar spread in 2022,enough 🙏

[@muralilv4447]

good

[@PremKumar-el2wm]

Just yesterday night I was thinking calendar spread is gud than iron condor , thank you for saving me from losses Jegan❤️

[@sankalpshukla2192]

Its Postmortem of Calendar spread 🤓😂🙏

[@स्नेहबंध1205]

Nice