Profitable Intraday Nifty Strategy | Short Strangle | Detailed Explanation | Optionables

[@basavarajr4311]

I’m impressed with optionables bcz 1: Giving simple strategy what they are usually doing in trading. 2: These guys are not in business of online webinar to make money and most online successful trades in KZbin will reveal their strategy. I wish u all the best

[@coolmonkey5269]

POWERSTOCK GUY GANSHAM PIVOTCALL ALL IS WASTE, HE DONT KNW ANY MATHEMATICS, HE KEEPS SAYING SUPORT RESTINCE SUPORT RESYNCE HAHA

[@KalpathySanthosh]

Disclaimer: These stunts are performed by highly trained professionals please don't try this at home or anywhere else.😎

[@optionables]

Haha

[@narendrasinghrana2613]

If you dont do any thing then you dont have any loss

[@geomanish52]

hahaha.. nice bro..

[@dr.netalkar]

YES. DONT DO ANYTHING. KEEP YOUR MONEY IN BANK AS FD. THATS CALLED AS MASTERLY INACTIVITY. ITS NOT A STUNT AT ALL IF YOU PUT SL. GREAT STRATEGY. THANKS

[@KalpathySanthosh]

@@dr.netalkar dear.. no harm meant.. it's jus a standard disclaimer.. Optionables no doubt, doing great job😀.. anyways trade according to one risk appetite👍 happy and safe Trading..

[@kapillakhwara]

Where u differentiate from other good KZbinrs is u provide a data based evidence that builds credibility n confidence 👍

[@shishirsingh9166]

So far the best channel I have come across which is related to intra day strategies with proper data presentation. I love watching your videos..keep going and more power to both of you

[@vinaywadone303]

Very genuine & clean presentation by you both.... You guys will go a long way... All the best

[@MATHSEASYSOLUTION]

One thing you missed to explain, when one leg hit stop loss, then keep the other leg stop loss at cost. it may give better results.

[@dr.netalkar]

THATS A GOOD OPTION TO MINIMISE LOSSES

[@shreyasbhomkar2187]

Yes it does, I do the same. Once my SL for one leg hit I trail my SL at cost for other leg. It brings my risk reward ratio to 1:1.

[@MATHSEASYSOLUTION]

Check through stock mock

[@venugopal6405]

@@shreyasbhomkar2187 It does not work on volatile and expiry days.. On expiry days premiums will be very less

[@yashparakh15]

@@venugopal6405 then expiry day k din nai krna esa but we have to escape volatile days only so it will reduce our losses even more

[@ashvinchauhanchess2898]

First of all Kudos for beautiful videos.... I am now obsessed with Optionables .... here is what my take with this video ..... with with an average price lets say 100 Rs. Brokerage per day is of Rs. 102 (80 brokerage both leg buy and sell + other charges have used zerodha for the same) say there are 25 days in month for trade so brokerage for month =102*25 = 2550 *12 months = so total cost is of 30600 for one lot to execute the strategy for small trader so ROI could be (120000 profit for a year - 30600 could be 89400 on the capital of Rs. 250000 still its really good. But my point is this will work really good if we go for 5 or more lots as it save brokerage cost significantly and help us to get better ROI. another way to improve ROI is to trail profit to cut to cut when SL hit in another leg....

[@nagappakuruva8119]

Dear Sujit, This is my first strategy I learnt very easily and I thank you very much for posting this strategy in such a way that minimum knowledge people have in options can easily understand. I request you to post this type of videos which are suitable at present scenarios. Thanking you a lot.

[@ganeshputtige]

Thank yo ufor the crystal clear explanation with data points. I have one query. That is, at 2.55 pm, when we try to exit our positions,, shall we opt for market rate or Limit rate? I use Zerodha Kite for trading. Normally when we use limit rate, then it takes longer at times to exit or the price may change fast. Hence the question . Thanks in advance.

[@shyamalbhattacharjee5151]

Very good strategy. You explained everything with past data how we can make profit by strictly following this rule based strangle strategy.l have seen lots of option video in youtube, but this is the best I have ever seen anywhere.Thank you sir.

[@pathakutkarsh05]

This is great! I just have two questions- 1. Do you select weekly or monthly expiry? 2. How do you backtest your strategy?

[@vinays670]

back test by paper trading

[@saintpixie2765]

Weekly obviously, this is intraday not positional.

[@manushyan123]

One guy ask who is Sitha after read the Ramayana completely...

[@ashishmenon6879]

I feel this strategy would work best on a Wednesday due to the fast time decay. And it wouldn't work much on a Friday because the premium on one leg would increase faster than the decay on the other leg.

[@yesyes2419]

Decay will start from Tuesday afternoon. . It will be suitable from Tuesday to Thursday

[@sagi272]

I m trying this stretagy from friday 26th onward in one lot .on friday i incurred loss of rs 1100 on monday nesr about 100 rs profit on today near about 100 rs profit lets see tomorrow .i also think this strategy will work better on wensday and thursday but there is on problem today premium remains very much less to gain

[@ahsaasarora8959]

@@sagi272 hi any update? Are you still trading

[@urmishrestha871]

She quit

[@manojsengar9515]

@@urmishrestha871 he😂

[@healthwealthhappiness2161]

Nice explained. I observed as per ur one slight expiry day profit is 10000/+ Total profit is 12 Lack Total expiry 118. It means out of 12L profit 11.8L(118*10000= 1180000) Almost 90% + came on expiry day. Please explain if I'm wrong...

[@puneethpgowda2918]

For the first time, I am feeling that I am getting confident on Options. I usually do Naked Option Buying or Selling and doing scalping all the time. But when I saw this video decided to think like a professional Option Trader. Thank you so much for the knowledge and strategy information.🙏🏻🙏🏻😊 Moreover the content what I am seeing here, most of the people or professionals tells the same by conducting paid webinar. OPTIONABLES you guys are like just awesome and explaining concepts are more to the point rather theory. Keep going all the best😊😊👍🏻🤟🏻

[@cagauravgulati9528]

Capital infused for 1 lot comes to 175k. Profit is 20k per lot in year 2019 which is only 12% of capital. How are we getting 35% as u said?

[@VeeraForBharat]

Thanks Optionabes for giving a great strategy with all the details and back testing. However, it was not clear which expiry date was being selected on a daily basis. Is it the Current Month Expiry Option or the current week expiry option or the next week expiry option. Can it be done on the expiry date as well as I think the volatility is little higher on the day of expiry (which means the strategy may not work best as short strangle works best in range bound scenarios)

[@akashbhayani2092]

They always trade weekly

[@anktjaiswal6896]

We have adjustments for every market condition and its best in weekly u have to be good in price action and reading chart and then u should come to option selling

[@Srikonda_srk]

Hi, I tried this with 1 lot yesterday and got profit of 600/-. Thank you🙏 so much for this strategy. You are a genius. I m going to try with 2 lots today and I ll keep updating the thread.

[@abhishekchoudhary4563]

please update enery month... will be glad to see the real process

[@akshathaka5988]

According to me this won't work..

[@nandasarva1133]

Strikes are very near

[@pranavareddy4091]

hii , for intraday should we choose monthly or weekly expiry , please let me know

[@SusheelTurai]

He said we got weekly from Feb 2019 and considered this backtesting from that point so I hope its weekly

[@VijayKumar-dm3nf]

THATS SELFLESSNESS..BRILLIANT GUYS..ALL THE BEST

[@akhilm002]

Very informative! Can you explain why stoploss is kept at 30%, why not less or more . If kept at 25%,will it generate more profit,pl comment. If the same strategy apples on BN ,what will be the outcome or for BN it's nit suitable.. pl comment.

[@henki372]

Sometime sl is not hit so max profit that day so that's why 30%

[@mugundanmp]

Nice video. Please tell me why do you prefer Stop loss instead of buying an option? And buying an option we get margin benifits also right?

[@ravishankardhamodharan5973]

You have to spend the money to buy options in addition to the loss if it occurs. Aren't you ?

[@mugundanmp]

@@ravishankardhamodharan5973 buying an option is hedging and we can limit our loss. Particularly in black swan event.

[@ravishankardhamodharan5973]

Certainly buying is hedging, by adding a hedging position your ROI will eventually come down based on how close you choose your hedge pointers.

[@shanshammer9365]

what should be used ? weekly expiry or monthly expiry for daily execution ?

[@yadlavijayakrishna7179]

Children, you are looking very disciplined and hardwork. I wish GOD gives bright future to you. Your team explaing only index options. Will you please explain with largecap stock options.

[@optionables]

Thanks for the support sir, Stock option doesn't have good liquidity hence we don't suggest

[@shreyas3613]

can the same strategy be applied in opposite direction?? ie buying a call and a put instead of selling them?

[@bharadhi1992]

hi great content and backtesting,my best wishes. i have a suggestion for consideration. if one sl got hit we can move our sl on other leg to BE.sp that in case of v shape recovery our loss can be further reducedin times of both sl hitting. correct me if I am wrong. also plz suggest me best way to do backtesting of my strategy in other scripts. thank u

[@optionables]

That can also be done

[@tiruppurbulls]

Dears, Volume is the difference here. Most retailers has the capacity to do 1 or 2 lots and they are working professionals. One day, when you are at meeting or forget to put stoploss then that day will be miserable. you cannot execute on your own, better give this job to any broker by telling to follow this strategy strictly, maybe optionables themselves.. the return is 20 to 30%,, but still the trading will be carried with a disclaimer, market and any strategies are subject to risk.

[@YatinTalawdekar]

Dear team. A very good video indeed. Just wanted to ask that is there any source from where I can download this data and test it out myself??

[@prashantshinde4850]

Sorry, new to this. I don't want to be Abhimanyu. 😔 1) At 2.55, how to square off? 2.a) At time of entering short strangle, sell 100+ CE with 30% stoploss. When it gets triggered, do we have to do anything or is it automatically taken care of? 2.b) If shorted PE with set stoploss doesn't get triggered till 2.55PM then how to square off or exit the trade. Thanks for this vlog! Learnt a lot. Please solve my doubts. Thank you!

[@anupsagar1990]

Straddle is better or strangle? You have posted both strategies. Which should we do.

[@HiteshPatel-mb8oi]

WHICH EXPIRY SHOULD WE TRADE ? WEEKLY OR MONTHLY

[@ysparkhi]

Bro , Great Stuff - Thanks My only query about changing up the expiry , is it to change to next expiry on Thursday ( last day of the present expiry ) OR Friday as fresh week Please guide , Thanks !

[@Procrastinator12]

strategy will work only if one is consistent.... gr8 videos keep them coming...

[@rajtanwar5650]

Tested it, it doesn't work. Please note that any such trading strategies only show good results on past data. When tried consistently over a period of 4 years in the future with actual trades it will fail and incur losses. The same reason any programmer can build an algo and test it on past data to show that it is generating positive returns but when done on actual future real time it fails over a period of time and will incur losses.

[@dharmjitsingh]

Did you analyze the reasons?

[@umaraj69]

Appreciate your clarity and knowledge through ground work in what you are doing. Above all your humaneness to share it with all ❤

[@prakashg6471]

One more clarification, do you make such profit trading from 12.30 to 2.55?

[@mallharvyas4085]

What if you keep a distance of 150 points instead of 100

[@mantruth6628]

what is the expiry date you choose

[@abhiyashpatel4086]

Good evening sir. This video is very informative. I have a question regarding this strategy. Which is the best way to communicate?

[@ranadheerguggilam2285]

Great analysis!!!, One small doubt though does the backtesting data consider brokerage and other charges ?

[@aunalipatel8254]

honestly i have the same question and i am paying almost 100-120 rupees for 1 lot everyday so that is literally half the average daily profit of 218 bc 2185/10, so something isnt right here

[@Kiran-dg9fh]

@@aunalipatel8254 They are doing it with around 10 lots or more..The more lots we have,Brokerage is going to be small comparatively..You just increase the lot size and then check the charges

[@manasbhattacherjee92]

zerodha takes 52 to 64 rupees per trade in FnO. so more lots per trade means less percentage of brokerage.. so for small capitals like in the range of 2 to 3 lacs it is hard to increase capital from profit.. but once it reaches 5 lac, it grows with more speed.. one trick u ppl can use is, at the beginning taking trade of two legs at the same time, you can apply basket order.. the system in zerodha considers the full basket as a single order... so atleast initial brokerage cost will be a bit less...

[@lazy-rich]

Can you please compare Straddle and Strangle performance?

[@trvijith7791]

You people are doing great things.... Reality matters..... Hats off

[@optionables]

Thank you sir

[@bandisivaprasad7877]

Which is better strategy straddle or strangle in intraday?

[@NiftyTraderGoa]

during expiry on Thursday at 12:30 the premium at +100 & -100 will be negligibly small so in that case sell of next week expiry?

[@krishnarajapantula962]

Yes valid question... Always nifty away premiums are very less

[@eknoqst]

Valid question

[@BishtAshish]

No. If you seel of next week, there will not be a good time decay. And you can end up in loss

[@HERRY-ej3li]

Dear , put buy bid for half lots for both call put in 1:2 ratio... ur sloss risk get get reduced by half or even zero sometimes as d rest 2 will cover a big move on our side../

[@chenchaiahsajja6073]

Good informative video bro. Have one query on timing of entry. As many say mkt remains less volatile between 10.30-2/2.30 pm and right time to execute this strategy. Am sure you must have studied on this, pls advise thoughts. Thank you

[@roshanshajan5922]

Thanks a lot bro you guys are the only ones who tells everything geniunely on KZbin .

[@vasmood1]

U can check Power of Stocks also

[@HimanshuYadav-bu1ql]

Please make a video on all the possible adjustments that you make in different senerios. 🙌

[@optionables]

Next week for sure

[@HimanshuYadav-bu1ql]

@@optionables Thank you soo much guys!! More power to you 🙌🙌

[@ShubhamSharma-km5qc]

How do u backtest the datas ? I mean from which site ?

[@India77076]

Doing a good job Plz make a vedio on how adjustments are made what runs in ur mind

[@prithveshashar7710]

Pls make a video on risk management / adjustment on short strangle / straddle & iron condor

[@Ragul_Ragav]

Bank nifty also work this stertagy sir...?

[@srikanth2610]

Hi , did you consider the brokerage part while calculating profits ??

[@123sinha]

@optionables Hi, if you can answer this, it will be very helpful. If brokerage is not considered, all profits will be down to ZERO for one lot.

[@sagar3899]

Hi bro, 20 lot option sell karne ke liye margine kitna lagega Bhai near 12 lac? Plss share something which need intraday margin 50k only.

[@surekag3844]

I have seen many videos but one told how to put stoploss in options this much clearly.optionables is really nice

[@peddapalliveman4088]

Powerful strategy explained in a simple way 🙏🙏🙏 hats off to you brother for explaining using historical data🙌🙌🙌🙌keep explain the useful strategies you have in store

[@raghavendravishwas5929]

Reality is different from back testing..

[@soulofindia2805]

Does it also work in future because of huge gap up gap down.. low volume in cash and comodity also..

[@kishorkudalkar7852]

Due to change in lot size for f&o any change change in strike price of pe and ce Request your advice. ATM +-100 is at present suggested What is the change in that Also advise change if any in 30 percent STL .

[@samyhappeningjainy]

what happens if we add wings to the strangle. Does our profitability increase?

[@parasluthra7541]

That's iron condor. That can be useful as a positional strategy.

[@shubhammalani6272]

As this strategy is intraday... and if we require a approx margin of 2.5 lkh... we might buy 2lkh safe instruments like Liquidbees and keep 50k for mtm and pledge the liquidbees and use it for trading... this might increase our %return by atleast 4-5%

[@dheerajkamble6493]

yes you are right..

[@manasnaik6904]

In details explanation....For 1 lot setup how much average profit and risk will be there? Is it ok to exit before 2.55 PM if we get profit?

[@nikhilvyas6669]

Great explanation on both the videos i.e straddle and strangle But wanted to know how prices are defined heard few technical word gaama ,delta , iv If you can make a video on the same it would be great and thanks in advance 👍

[@sndpsrda]

How are you doing back testing, which software we can use to do our own. Please share this details. Thanks a lot!

[@priyankgt]

I think they are using stockmock

[@blacktrojan3313]

Here the max drawdown is 211357, so your total capital fell to this level?? And what was your total capital used?? And so should I have total capital + max drawdown money in account?

[@srikanthinjapuri7579]

Same question @optionables

[@Abhinav-7]

Max drawdown doesn't mean that capital fell to that level , it means that capital fell by that level. For ex . Capital 100 max drawdown 10. Hence capital reduced to 90 minimum and not 10 as you have understood

[@stockmarketlovers2219]

you know something?? some ppl like Athisaktham and all charging 10000/- for option selling Cource...and here you r giving free...great bro...evidey payee Athisaktham fans???aareyum kaananillallo??

[@jainsc37]

Excellent presentation. Will it not be better to hedge it to reduce margin and risk? If so, how far should the hedges be provided?

[@13sjain]

thanks for generously sharing your knowledge. Can you pls share the expectancy of this system? TIA

[@sameerchoice100]

Weekly or Monthly expiry?

[@urmishrestha871]

Hi.can u plz tell which expiry we hv to use on thursdays?thanks

[@patanjali82]

Very nice video by optionables thanks a lot !! I havw one query this strategy to be done on weekly expiry day or every day we can do ??your monthly profit. data is comprising of daily profit or weeekly profit ? Pleasw letme know Thanks

[@optionables]

Everyday it can be done

[@patanjali82]

@@optionables thanks

[@udayakiran6611]

Pls let me know the capital amount, is the profit added to your capital amount?

[@dhxbxsbbz-ft1qs]

I have a genuine doubt please answer my question If I am selling bank nifty OTM PE & CE 500 points away from the current price. What should be my SL percentage respectively for the PE or CE

[@saravanakumars1017]

Can I use this strategy on all trading days or on expiry days only

[@sudhakarsivaraman4089]

Some questions 1) which expiry to select for intraday 2) when 1 SL is hit , do we need to close the other leg also

[@ashwanipahal4989]

No

[@vineetchopra9033]

Given the age of these kids and topic they are mastering. Its awesome. I dont know why you guys need fan following on you tube, may be open another revenue stream by monitize the content or to get noticed. Just Dont get distracted.

[@jacobd278]

If we do adjustment, like contra or shift strategies , what will be total gain,drawdown?

[@charlypa007]

How are you doing backtesting?

[@dockumaralakshmanan]

Amazing work by you people...helping beginner retailers like me 👍

[@harshadmehta427]

How did you guys backtest? I wanted to tweak a few things and try it for myself..

[@TrueTravellingCoder]

Please let us know how to put stop loss in straddle and strangle . 🙏

[@sonylizz]

good. I have noticedsomething that whenever Saket talks he usesthe word "we" but here he uses "I"

[@ca.lakshminarayanreddyjamb4217]

Hi Team - Should we Sell Nifty at the nearest expiry or monthly expiry for intraday

[@show460if388]

Thanks for video . When we could deploy strategy on expiry or evey day. What's the profit percentage for doing every day . Assume what you explained in video is only for expiry day.

[@shreymudgal1]

How did you get historical options data (tickwise)?

[@surekag3844]

Can this be used for bank nifty also sir?

[@varun6525]

cn i backtest by adding next week expiry ce/pe chart on kite fr knowing how much premium decayed or increased fr 1 or 2 days back? eg nifty currently at 18069 so by adding 11th may expiry 18200 ce today (on 6th may) , i cn get to knw hw much premium increased on 4th may , when nifty moved up arnd 150points? pls tell if m missng anythn

[@namasivaya8928]

So when one side SL is hit you remove the other side SL and take whatever result comes ?

[@optionables]

No no you don't remove. You just hold the other leg

[@shreyasbhomkar2187]

I prefer to trail my SL for other leg at cost if one leg SL hits. It brings my risk reward to 1:1

[@sivakeka]

is there any specific reason for the exiting at 2:55 ?

[@sudeshmraghu8019]

Can this strategy also be used for Bank Nifty Option Trading? If so, which will be the strike prices?

[@shivakumar499]

It's always advisable to employ short strangle in an index which has moderate volatility like Nifty. Bank nifty on the other hand has a mind of its own..

[@bijushanmughan2532]

Ignore negative comments. I am practising such a kind of strategy virtual trading platform and working well. keep going on...... all the best

[@optionables]

Thanks for the support

[@blaxmikant1]

Have you considered brokerage and taxes

[@na1234-c2l]

Hi, should we do it only on expiry day or everyday? Do you guys do option selling everyday or only on expiry days?

[@Mithunmukherjee12345]

Hello, Just a double confirmation. Is it advisible do this every day? (Thursdays and bigevent days (election results,RBI Policies,Budget)also)? Also why there is time difference in Nifty at 12:30 and Bank Nifty at 13:00? Thx a lot

[@amarjeetramshe]

This u have shown for nifty but please tell for banknifty which strikeprice to consider....100 or 200 or 300 both side?

[@sateeshbabualuri]

Please check the below scenario...On the weekly option expiry day, if we follow this strategy with a change in strike selection. Instead of selecting the current week's strike, if we choose next week's expiry...what will be the result?? Also, if we hold strangle till 3:15 PM?? Could you please check and post the results.

[@NavinChouragade]

you guys are insane.......this is really awesome. finally someone took the courage to teach and tell their secret to all.

[@figuredoutfitness8154]

For inbetween range u considering open n close but range should be hig h n low for predicting movement as this is intraday strategy

[@Factsonmen]

Can you backtest the day with days gap opening more than 1.5% If we leave those days what will be the effect

[@toxicpankaj]

which platform do u used to backtesting ?

[@anand8576]

Stockmock

[@yellow2030]

Kindly share the detail about Strike price "Weekly expiry Option" or "Monthly expiry Option" to choose while making this Nifty Short Strangle.

[@rajsrujun25]

How does it differ from buying if we are doing anyway MIS? Because, we are anyway going to exit the position by the days end, so how does it change?

[@pratapmoulivenigalla6882]

Hi Sujith. Thanks for the strategy. I usually do inverted strangle/short gut on expiry day. If I wish to follow your algorithm too side by side, now that your strategy had to be applied every day, do u advice doing both inverted strangle (selling put and call itm) and your time bound strangle strategy on expiry. Would it be an oxymoron

[@gautamchauhan4987]

Which platform you use for backtesting..?

[@sasikumar9669]

We have to select weeky option or monthly option. And on expiry day what we should choose