Profitable Intraday Strategy | Short Straddle | Detailed Explanation | Optionables

[@aniket_thete]

First time someone on KZbin share a strategy with full historical data and statistics ❤️

[@shravanbelumanchi3834]

Please tell me On which day this strategy should we use or should we use only on expiry day

[@nitishkumar-bf5kh]

@@shravanbelumanchi3834 daily

[@ronivarghese4348]

@@shravanbelumanchi3834 exp

[@urmishrestha871]

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

[@aniket_thete]

@@urmishrestha871 same day

[@BibinN0]

Amazing man, I don't know why should I take much time to find ur channel!!

[@vishantraut3304]

Good and honest content. Per day profit avg is max 350 rs per lot. Brokerage tax is 120rs. So profit is 230 rs per day. 4600 rs per day for 2.5lakh investment. So actual return will come to 18 percent per annum. Thus actual drawdown will be higher due to brokerage

[@nageshaddepalli8240]

@@vishantraut3304 Yes, if one is doing one lot what you said is right, however this cost will not be there if one does say 10 lots. Eventually unless one scales up such strategies will not bring in enough profits for the time and effort spent.

[@pushkarvaidya3503]

@@vishantraut3304 18 percentage after tax is not bad actually. That too working only for few minutes. You can use other strategies along with this one .

[@urmishrestha871]

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

[@Vidyasagarbb]

@@urmishrestha871 obviously the expiring week options.

[@ramakrishnansankaranarayan949]

The very best video I have ever come across on this topic. Presented in a simple manner but not one detail missed out. Thanks a ton for this optionables folks

[@sushantjadhav2943]

I applied this strategy with some tweeks for Dec 2022 and I was able to make Net ROI of 3.5% after brokerage and taxes. This month was very volatile but still managed a decent ROI. Hopefully I will be able to make better ROI on less volatile months. I appreciate your effort on data analysis and it gave me confidence to trade. I will keep following this strategy for coming months and will try to update my ROI on this comment. Thankyou!!!

[@studywithchacha723]

Hi,Still following this strategy?

[@aakashverma7848]

Thanks! Sir u have given more knowledge then paid groups for lay man like us

[@rahuldahanke]

First time saw some clear knoledge in KZbin. Thanks Team Optionable LLP.

[@vishantraut3304]

Good and honest content. Per day profit avg is max 350 rs per lot. Brokerage tax is 120rs. So profit is 230 rs per day. 4600 rs per day for 2.5lakh investment. So actual return will come to 18 percent per annum. Thus actual drawdown will be higher due to brokerage

[@jeevajeeva2481]

do you using this sir ?

[@MrNjmanoj]

Presentation is very crisp and clear. No room for us to skip the video anywhere. This is the first time I'm seeing your channel. Big thumps up👍

[@srskar]

I really appreciate for your efforts in explaining risk management. Most of the traders miss this point

[@shravanbelumanchi3834]

Please tell me On which day this strategy should we use or should we use only on expiry day

[@sankarrajkumar5125]

Very good explanation

[@shravanbelumanchi3834]

@@sankarrajkumar5125 🤦🤦🤦

[@sajupaily9057]

@@shravanbelumanchi3834 All trading days

[@vishantraut3304]

Good and honest content. Per day profit avg is max 350 rs per lot. Brokerage tax is 120rs. So profit is 230 rs per day. 4600 rs per day for 2.5lakh investment. So actual return will come to 18 percent per annum. Thus actual drawdown will be higher due to brokerage

[@optionables]

Right sir agreed. But volume helps

[@saikiranuvca8488]

@@optionables for how many lots trading do u suggest this strategy as it feels not that much lucrative for one lot.?

[@SMN10722]

Brilliant, you simplified so well. Well done, look forward to more knowledge.

[@kingjimmy442]

In 5 min you taught me something, which I tried to learn last 5 years... You are my guru now onwards 🌹

[@ankitshrivastav4455]

Maybe then this is not for u

[@krishnakrishna629]

Bro tell me target of strategy before 2:55 pm

[@kingjimmy442]

@@ankitshrivastav4455 ok thn you keep it

[@coolmonkey5269]

NOT WORK. CAPITAL NEEDS 3.5L FOR 1LOT. AVG MONTHLY INCOME IS 6K WHICH IS JUZZ 2% PERM MONTH OR 24% PER YEAR. CANOT BECOME RICH FROM 24% PER YEAR.. INSTEAD WE CAN DO SWING TRADING FOR MORE RETURNS.. WHAT A TIME WASTED 1HR FOOLS STRATEGY

[@nw1235]

Personally tried this by actual trading over this.... I was not exiting either before hitting SL or 14.55 time even if one side SL gets hit. But this strategy is very risky. When profit happens its in range of 400 rs per lot (15 qty) but when one or two SL hits, we expose to heavy risk (1000 for one side for 1 lot of 15 qty) most of the times due to limitation of price fall in selling... ALSO main risk is SL hunting.... I've observed, may be lot of retailers try to use this strategy, and as we all place pending SL order, those SLs are intentionally hunted and then price reverses just after hitting SL and then exposes to heavy loss risk... In terms of good RR ratio, it is overboard in this strategy. My advice to retailer friends like me, stay away from this... Money will be risked heavily and time will be wasted and in the end you will not get worth return of that risk and time... this video is nice to see but worst to execute atleast nowadays....

[@athilesh2095]

Which one is good for selling

[@tvenkataramanarao5526]

Thanks

[@anandcb9278]

I commented before watching the full video. You mentioned why trade placed after 1 pm. Thanks .Good job guys

[@mitishikdar7155]

Can you please tell the expiry day for that atm call. Whether it's weekly or biweekly or monthly?

[@sagarsalvi82]

Hi Saket, you have explained this very well along with the past data. Every confusion related to short straddle gets resolved after watching this. Just one suggestion, can you come up with a Video showing us some live adjustments that you do and how you do. Lets say if the break evens in short straddle are 14400 - 14900 what fire fighting / adjustments you do to minimize the loss.

[@optionables]

Sir we have live videos on that do check it out

[@sagarsalvi82]

@@optionables I wanted to know the adjustments that are done on Straddle strategy, have u made a video on that. I couldnt find one hence written you back

[@HeartinTamil]

Sir how can we automate this.please post video

[@shravanbelumanchi3834]

Please tell me On which day this strategy should we use or should we use only on expiry day

[@nitishkumar-bf5kh]

@@shravanbelumanchi3834 daily krna h expiry me thoda bach ke

[@TheSujeya]

This session was very insightful and complete! Thank you so much!

[@KobayashiMaru-]

Atleast for me it is The first genuine video I came across on KZbin .. kudos buddy and thanks

[@kumarmh7098]

In virtual trading app --- Today at the money call and put I sold at 255pm and by closing hour profit was 4000 with 1 lot. This i did for Nifty. Now I'm looking for info when it will affect capital. Thank you SAKETH FOR THIS VIDEO DIL SE MAN

[@Niya146]

Thank you so much for your sincere efforts to educate traders, especially at a time when lots of newcomers are entering the market. Your way of explaining backed by strong data, help us understand clearly. Keep up your good work. 🙏

[@amazingdude9042]

Entire video is fking fake. I did backtesting on this all the data came completely different and profit is not eve half of what he is claiming. this ch*tiyas are fking fake experts.

[@rajavijay9433]

Great work guys. Thanks for such a clear explanation on the strategy and margin management. Looking forward for more educational videos on option selling from you.

[@optionables]

Thank you sir

[@sunilsoni730]

Can this strategy be implemented in Nifty and what can be its entry, exit, SL rules?

[@nilayshah4096]

Do not work in nifty i have 4 months of data.

[@sudhaanalyst5165]

I watched several videos on options, but you are THE best.....congrats to this young team. May you reach dizzy heights in life.

[@nmsinvestsabm927]

HUMBLE... DILIGENT...SUPER TALENTED A LETHAL COMBINATION FOR PROSPERITY. SALUTE TO YOU GUYS!!!

[@sudhakarsivaraman4089]

Thanks for the strategy. So should this be implemented on BN weekly contracts. Which day will we move to the next week contract. like Friday to Thursday on the current week contact and from next friday should we move to the other week contracts. Could you please clear this doubt

[@KaranSamal]

Works very good on expiry days. First of all, entering after 1 PM, limits the chances of a V shaped recovery. Even if it does, trader can create another straddle to protect the weaker leg.

[@Jaga1481]

How

[@sayakdeyashi9027]

Hi @Optionables team, First of all thanks a lot for sharing such a wonderful strategy with amazing data points. You guys are amazing. I am trying this strategy for few days. I have few questions, please answer if possible: i) What to do when SL is hit. We have to close the other position immediately? ii) Premium shoots up when market suddenly move in a single direction. So if SL is hit in one position, for the other position we have to manually close it or there is some easier way.

[@abhiradadiya7381]

As per my strategy when one leg hit SL in tranding market You have to Trail SL to cost to cost and trailing it every 10 to 20 point for other leg Or If VIX is high and market is in range and you are already in profit Then square off both legs

[@toofrellik]

made a profit in 2020 April with this strategy??? A great deal.... too good to believe, but i trust you guys.

[@ssakthik]

Thanks for sharing, I guess this strategy works better on Mondays than on Wednesdays. Can you export and share the last 4 years data for analysis ? Cheers.

[@RamKumar-zu6xc]

you are making really good content for free will definitely recommend this to my frnds

[@vishantraut3304]

Good and honest content. Per day profit avg is max 350 rs per lot. Brokerage tax is 120rs. So profit is 230 rs per day. 4600 rs per day for 2.5lakh investment. So actual return will come to 18 percent per annum. Thus actual drawdown will be higher due to brokerage

[@tradingwithabhijeet5893]

@@vishantraut3304 4600 for 2.5 lac? I think you can do only 1 straddle per 1lac capital. So the return on investment is not that much. Assuming 140 out of 200 days are profitable, you earn 35000and lose approx 15000, still net ROI is just 20%. Not that attractive. There are better strategies that can give 50-60% ROI by trading just on expiry.

[@jatinprakash1129]

@@tradingwithabhijeet5893 Can you please make a video on that strategy..🙏

[@GurpreetSingh-qr2lr]

@@tradingwithabhijeet5893 can you tell me that strategy??

[@hitmee2006]

@@GurpreetSingh-qr2lr He does not have such strategy. He has just deviated us from doing this strategy. Now rather than testing this strategy, we will be searching for 50% profit strategy which does not exist.

[@AnandRaj-xo1dg]

Nice presentation and I really liked the part where you mentioned about the margin requirements and management. For beginners like us it is better to work with 1 or 2 lots. pl do share the best way to hedge this strategy to lower the margins.

[@amazingdude9042]

Entire video is fking fake. I did backtesting on this all the data came completely different and profit is not eve half of what he is claiming. this ch*tiyas are fking fake experts.

[@jaiprakashn9686]

After 6 months first view, very very new angle on options selling strategy, (a beginner) very well explained with data's thanks for the beautiful demo presentation, JPN.

[@sonylizz]

Obviously he is intellectual ! Such a brilliant detailing with all data in hand !! Sincere approach. Great... Highly appreciate.

[@SampathKumar-kb7ps]

Mind blowing strategy bRo..... 😀👍👍👍👍🙏🙏🙏🙏 You guys are reaching to next levels in stocks market. Awesome 👍👍👍👍

[@karan_vlogs2312]

Please share more stretergy which require less capital. Keep it up

[@drb.a.bhalodia5438]

Nice explanation , ..yes now we need enthusiastic traders and educators,analysts ..many thanks ..

[@173sonu]

I invested half an hour of my day in your channel. It was woth it. Tq

[@anoshlokhande8102]

Really fantastic video. First time anyone teach us with historical data and money management...I am trying to buy ce only in 10k, and will profit of 3-5 k, and it was wrong thinking.. U tell us proper money management and how, when,lot size given.. 🙏🙏🙏🙏🙏🙏 Sir I lost to much money in lerning from not proper teaching.. I want to join u r classes. Please guide us. Thanks. God bless you 🙏🙏🙏🙏🙏

[@aibymohandas3470]

Hi, Good Tutorial and i was following and trying the strategy as it is. Entry by 1pm and Exit near 2.55 pm; doing since last 1 week ; noticed that most of the days after 2.30 it reaches a position and by 2.55 its falling enter in loss or with a small profit. My question are 1.) do we want to exit at a target too or stick to the process however it is Profit or Loss ? 2) do both staddle and straggle gives almost the same result or is there any significant difference in result or setups at which these strategies should select?

[@sachinmore3603]

I feel if you are keeping 30 percent as SL then keep 30% as target but dont close position when you reach target. Instead trail your SL from that point this way your net profit will improve.

[@vinay8188]

yoiu should practice in paper trade experts may give you suggestion or advice but you shoukld practice atleast 8 weeks to learn about strategy

[@natureslap8861]

Following

[@ashwinikhanna]

Hi Saketh - very nice video. I have a question - if on a volatile day SL hits on one leg, then should we maintain a 30% SL on the other leg or bring it to cost to cost to avoid SL hitting on both legs? What do you say?

[@romilpatel7045]

I back tested in Stock Mock but now Its time to forward testing from Monday ....Thanks for Giving us Such Risk and Money Management And Trade behind its psychology is Awsome

[@optionables]

What were your results sir please confirm so it will be like verification for other people

[@romilpatel7045]

@@optionables In back test it shown 71 % win Rate and only 2 months minor loss in 3 figure in last 4 years and 3 months but one can minus 0.50 to 1 % for slippages for forward testing for better result and idea

[@romilpatel7045]

@@optionables and Also one can Avoid to trade on Monday too because it was gave losses on Monday so they can save that day slippages and brokerage too and it's give better performance in ur returns too

[@AjayGupta-xm4hr]

Hi Romil, the max loss would be when both sides SL is hit, can you check that what are the days (Mon, Tues etc), where both side SL hit has max probability ?

[@romilpatel7045]

@@AjayGupta-xm4hr 102 days out of 1586 days in 4 yrs hit both side sl so don't worry abt that just follow the rules ....

[@police1500]

Thanks for ur Optionable Telugu channel.

[@virajpatel85]

With respect new generation talent love u guys keep educating INDIA thank you

[@gooluurs5756]

Learnt a lot from this video..... What is the effect of hedging this short straddle to ironfly..... Advantages and disadvantages...... Can you explain it Sir.....

[@AnkitPatel-jg1fw]

How to change this strategy and add a little bias into it? Great work!!

[@sonupatel-rc8ms]

I am very impressed with this video. Good content, great data driven presentation. Keep up the good work 👍👍👍

[@hamrik25]

Its really important to mention here that you have changed your SL% to 75% from 30%. Only mentioning in live trade videos isn't right. I suggest you pin a comment with all updated changes so that people can religiously follow the system. Kudos to you and the team, thank you so much

[@Deepak_Muruganandham]

Is it..?? SL has been changed to 75%..?? Can u mention the latest video which explains the same..??

[@bharathkumar-ft4sq]

As per this strategy, on 28.5.21 35100 ce&pe RETURN is ZERO 35200 ce&pe RETURN is 10 only. I will paper trade it for some time. Good work 🙏👌👍

[@theheartdoctor3456]

I got 700 profit

[@tejasmane710]

I have a question, when 1 side SL got hit should we continue hold another leg till 2.55 or exit immediately

[@saimahesh456]

Yes hold another leg till 2.55

[@Freedom-Fighter-Z]

Please clarify this.. it has not been provided clearly.

[@theirtravellingtalest3.804]

@@Freedom-Fighter-Z you can watch their other videos on nifty strangle. in that video they mentioned about these 2nd leg.

[@raveadventure8736]

You have to exit .use common sense .when one leg hit sl then wat is the use of straddle here. If u continue wat if market reverse and hit another SL.

[@varunmundkur1]

Thank you for sharing this. I have noticed that in practice, a 30% SL, or any SL for that matter, may get hit more often than it should due to stop loss hunting, leading to a loss in that particular day's trade. Knowing this, would it be wiser to place manual SLs / wider SLs to begin with? It would be great if you could make a video on SL hunting and how to avoid it.

[@naveenprakash9987]

Yes appreciate if u can make a short video on stoploss hunting

[@vermainvestmentscorporatio9252]

@@naveenprakash9987 30% is never under SL hunting, no VIX spike can trigger that. Only the real movement of underlying will lead to this, and that too with minimum slippage loss.

[@Abhinandanabhi1212]

The Stop Loss in this strategy is not exactly to "stop loss" always, as Optionables have said in other videos.. The essence is that on trending days, one leg SL is hit, and other leg will go on to give you some profit of the trend continues.. only in V-shaped recovery, u get the real loss .

[@krishagartala09]

@@vermainvestmentscorporatio9252 what is logic of multi strike straddle strategy SL, how to put SL in multiple strike ?

[@1985mohez]

Never try to exit manually ..you will be raped badly someday as there can be big spikes especially in banknifty of 300 -400 points in few seconds before you react you will b sitting on a huge loss ..always put stoploss my friend

[@hareeshvet]

If SL for one leg triggered , when to exit the other leg in ur short straddle strategy

[@theirtravellingtalest3.804]

you have to exit other leg at 2.55 pm. same exit time

[@akshayd.a5094]

This strategy was commented by me on one of your videos long ago, before this video itself. But I used virtual trading and I explained that too in that. But thank you for making this video with proper data and research.

[@surekag3844]

Wow marvelous teaching,crystal clear,all in one,thanku very very very much optionables

[@nagarajanag8079]

Very informative, thanks Bro!! Next video can be on how to hedge when we do Option buying. This will help small retail traders with small margins like me who cannot do Short Straddles.

[@shravanbelumanchi3834]

Sir Please tell me On which day this strategy should we use or should we use only on expiry day

[@prashanthkumar2066]

I have the same question @optionables

[@SahilKhan-ne4pr]

Mind Blown!!!!! Is this the strategy that people are selling in their 1 lakh rupees course on KZbin. Hahahaha Keep it up brother. More success and power to you.

[@vishwasviranivv]

Hi, thank you for the awesome content. A small question. Do you think taking 25% SL on both legs would help reduce the DD? Can you confirm using the backtesting?

[@ccviralvideo2023]

Do it yourself.. and comment here.. how much they need to spoon feed

[@arunkumardevadoss6343]

Bro you are awesome man. I tried your strategy for first time and it worked like a charm

[@Chennatheexplorer]

Very good sir I'm trying it from 15 days two days i got loss remaining days profit thank you e

[@vishaljangir]

1 Question, What if one leg gets trigger SL, the should we close the other leg or wait untill 2:55 pm

[@suhil79]

Yes, If one leg hits stop loss, other should be there.

[@1985mohez]

Move the other SL to cost and trail

[@sandyk5117]

Wonderful knowledge. Kudos to the two geniuses. Quick Q - When option Premium is high or uneven on PE or CE side (e.g. PE - 300 and CE is 400) for ATM Strike Price, should we go for consider going +100 or -100 on Strike Price?

[@optionables]

You can go one away to balance the premiums

[@Speedliner001]

@@optionables can I short otm rather than atm ?

[@harshadamoree]

To all those who are asking about exiting other leg if one sl is hit- You have to hold it till 2.55pm no matter what. Whether 1 sl is hit or no sl is hit (both are in profits) or both sl are hit. YOU HAVE TO EXIT AT 2.55PM SHARP. It's about STICKING TO RULES and being CONSISTENT even in loosing streak.

[@urmishrestha871]

hi.do u personally use this strategy?

[@urmishrestha871]

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

[@hamrik25]

Hi, Harshada, you might know this, does everything remain the same for nifty as well? (SL%, entry time, exit time) Also they changed the SL to 75% in live trades, is that true? What is the new SL for nifty and new for BN?

[@RajeshSharmadr]

Hi, just to clarify , if we put SL for both sides, if one side SL is reached and is executed, do we let run the other side of straddle till 2:55pm. Or you mean whether SL is reached or not, we have to let run both sides till 2:55pm

[@RajeshAllem8256]

@@RajeshSharmadr You have to keep the other leg open till 2:55pm and close it with whatever loss/profit you see on the screen.

[@surendrabarsode8959]

Very well explained. Thanks. I have not started trading as yet and hence, two basic question on margin and profit- 1- If I short 1 lot of straddle on BankNifty, I will need margin on both 1 lot of call and 1 lot of put- right? How much is that total margin after 1st Sept 2021? How much of it can I offer by way of lien on FD or T bonds or other securities? How much in cash? 2- When I close my position at 2:55, I have to buy 1 lot of call and 1 lot of put to square off. So my profit on the straddle will be net of premium collected and premium paid. I donot recollect you mentioned premium paid anywhere in the example when you worked out the profit. Please clarify. Thanks and regards

[@sofia-rf5ev]

Thank you very much for this strategy. I would like to use it in the NYSE and I´d like to know which time you think is the best to trade it there. Still 1 PM and 2:55 PM. I would thank you very much if you would answer to my question. Pedro from Spain

[@mathewinmuscat]

Good work son. Stay blessed

[@anishetty26]

This is the best Short straddle video i have come across. Thanks man!

[@BN15804]

One query what should be the SL on Wednesday and Thursday as premiums are very low. If one leg got sl hit should we continue the other or close all positions.plse reply

[@chinkeesingh]

Pls.. reply this is very imp

[@tosinc6958]

Premiums will not be low ATM rt

[@BN15804]

@@tosinc6958 Normally Friday Monday Tuesday we get premium of 340- 470 however on Thursday we get 200-220.so, if we will put 40% of sl that means 90 pts so that will be easily hit the sl...plse reply

[@tosinc6958]

@@BN15804 it's 30% .. so 60 points. Also on expiry theta decay will be maximum so I guess that will compensate. Backtesting is proof

[@BN15804]

@@tosinc6958 thanks

[@cmenterprises2006]

you know one thing i stopped watching other you tube program because you great boys keepit up

[@linukiran579]

Doing Straddle for long time.... Entry time 10 AM SL - 80 % EXIT - 3 PM.....its simply amazing....

[@brm8970]

80% SL it's breath taking 😕

[@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?

[@saimahesh456]

Everyday

[@catparadise6889]

Weekly expiry me karna he ya monthly me

[@nicodemus13]

Amazing! but I've got a doubt, If the SL is hit on one leg, Should we exit the trade? Or should we let the other leg run till 2.55pm?

[@srikanthsriram8033]

I have the same doubt

[@nitishkumar-bf5kh]

@@srikanthsriram8033 leave the leg

[@subhendramondal3000]

Trail stop loss for the other one.

[@ayushkamboj3742]

- If you think the market will keep going in the same direction don't do anything as the other leg will keep giving you profit. - If you think that the market will consolidate, just take whatever little profit/loss you have on the other leg and exit it as well. Then, place a new straddle at the new ATM. - If you think that the market will go back; again just take whatever little profit/loss you have on the other leg and call it a day. Incase you have time left; then you can wait for the market to go back and put the same straddle again.

[@henki372]

Arre Bhai very simple make another stradle and don't tuch the remaining

[@shyamjidixit4080]

Hi Saketh, when one leg SL hits, Can we trail 2nd leg SL to cost so that we can come out from trade without loss in 2nd leg if V shape recovery comes ?

[@JesuNoel]

Even I have this question.

[@dhanush5519]

Even me

[@chandramorumpalli7912]

It's good to have trailing SL(TSL) , but what happens when u trail inorder to avoid the loss from another leg is , a small retracement can make your(TSL) hit and push u out of the trade . Retrace ments will come while market is moving any direction . Hope this clears your doubt 👍.

[@optionables]

Hold the other leg sir, you can also bring it to cost.

[@satishverma3980]

Can we do opposite to that, buy CE and buy PE...

[@kiransakla9170]

Dear the shall we add 30% as Stop loss to both Put and Call or add in one and sustract from another

[@PaulLincoln007]

Your strategy is awesome but for small retailers shorting 10 lots CE and PE requires huge money which many of small retail traders might not have it. And shorting just 1 lot may not give a handsome return monthly.

[@avinash71845]

First learn the strategy,master it and then you can do with 10 or even 50 lots.

[@catparadise6889]

@@avinash71845 paisa tera baap dega kya

[@startatrade4917]

, 🤣

[@henki372]

Even with one lot u can make one crore in 5 years buddy .

[@starfightistaken]

Very nice. Can you explain this should trade weekly /monthly option. If it is weekly wedensday and thursday will have very less premium at 1pm , so SL can hit easily on both sides. so can we trade next week option on wednesday and thursday ?

[@vikassangwan9471]

Entry and exit on time without having second thought with total belief in this strategy is must for at least three months . you should see your ROI on monthly basis not on daily basis.. yes you can but all the backtesting is done here is on current weekly exirey only . use stock mock to test

[@peacemaker5204]

This is some serious knowledge for free..!! A salute to you guys..!! Simply fantastic..!! Thank you guys👍..!! Just a small questions I have seen you taking some adjustments trades sometimes, so If we have already set a Stoploss of 30% both side then do we have to take adjustments trades?

[@jibuoommenthomas52]

same question here

[@pundamani10]

I think he is having different setup, in this video he shown us straddle with fixed sl.. If any leg sl hit we will exit ,continue with other one till sl or 2:55 pm cut off.. So no more adjustment needed, as he mentioned movement will not be there most of the days from 1 pm to 2:55 pm. It's my understand btw

[@dhanush5519]

Same question

[@vishantraut3304]

Good and honest content. Per day profit avg is max 350 rs per lot. Brokerage tax is 120rs. So profit is 230 rs per day. 4600 rs per day for 2.5lakh investment. So actual return will come to 18 percent per annum. Thus actual drawdown will be higher due to brokerage

[@AnandVardhan]

Truly agree, this is some serious knowledge with backed up data. Truly amazing team.

[@SureshGovinda6]

thanks Saket .. excellent explanation.. giving premium stuff for free .. thanks a lot .

[@narasimhareddypannala6198]

Today I applied this strategy. Made 4200/- Thanks Saket

[@atuls545]

If anyone of the CE or PE hits stop loss when should we exit the other trade? Please reply

[@jeevanreddy6186]

You need to close the other one right away .

[@TraderBright]

No carry on the other leg till 2.55 pm and close it whatever the price at 2.55

[@sanjayb1253]

Hi Saketh, You and your team are doing a great job and thank you for explaining these concepts so transparently and clearly which otherwise would have been difficult to understand. I had two questions on Short Straddle: 1. Do you always choose a Strike Price above the current trending price or it doesnt matter. eg: if Bank Nifty is trading at 34680, do you choose the strike price only as 34700 or 34800 for straddle or you can choose 34600 as well? 2. I am trying to execute a basket order for shorting call and put for 1 lot of Bank Nifty and i have a margin amount of Rs 1.75 Lakhs maintained, but my order is not going through and it says as failed, but i notice that the margin calculator shows below the basket order as Rs 1 Lakh required. Am i doing anything or seeing anything incorrect here? Rgds

[@sanjayb1253]

Also, adding to the above, when i try a SL of 30% of the current premium value, i get an error saying the SL should be less than the LTP... Request if you could do a webinar which would help to answer a lot of questions.

[@addynaidu6470]

Can you make a video how you backtest strategies. Specially the tools you use. Will be very valuable. Very crisp explanation. Thank you and keep it up. All the best👍

[@sureshguluwadi7085]

you can back test in stock mock

[@karunaker]

@@sureshguluwadi7085 thank u :)

[@puneritrader412]

youuu are the best person in india according to me in case of backtesting and sharing proper info

[@kannank9251]

The profit / loss spreadsheet @17:25 does that also include adjustments

[@arunprakashg47]

Whether we do monthly or weekly expiry?

[@AmithMakkuva]

The one showed in the video is Weekly Expiry.

[@vishalprabhakarpatil]

9:15 - Made 36 lacs over the period of 4 years Total days - 360+610+102 = 1072 Average trading days in a year : 253 So 1072 ÷253 = 4.23 So the 01:00 PM to 02:55 PM strategy is done on daily basis. Also *at the money* options premium on expiry at 01:00 PM is not more than ₹50

[@subodh.r4835]

Sir can you please enlighten us on how to set up a hedge fund and deal with the legal aspects?

[@arpitarora3483]

The content is really good....just had one question if SL of one leg hits then we need to close the other leg as well at that very moment or hold?

[@optionables]

Don't clode the other leg

[@arpitarora3483]

@@optionables ok.. Tq

[@saaminajam8073]

@@optionables for how long should we hold then ?

[@ysshare2325]

@@saaminajam8073 2.55pm

[@BeHappy-bh9eo]

Of CE side got SL hit, then hold PE side till it hits 30% sl of premium

[@karth1983]

Can we do this in crude oil options?

[@mmimpositive]

Thanks a lot. First time I am seeing that past practical data is shared employing the strategy. Keep it up. God bless you.

[@rileystunner3599]

Hey guys can you make a video on what is a proprietary trading firm and how does it function and how to set it up in india? Thank you

[@josephanderson249]

I'd like to know as well. If you find information anywhere else please do share me , thank you

[@shampavmancg]

Thank you for this .. could you also make a video on weekly or biweekly straddles and how it should be adjusted? It would be really helpful

[@sagi272]

Ye video monthly straddles ki thi

[@namasivaya8928]

Hi Saketh Subscribed, liked and shared not just for the content but for your inner beauty which is visible in your speech. Just few inputs 1.With trailing SL we can decrease the max DD and profit percentage. 2. With Nifty which is less volatile than BN, will the strategy yield more return.

[@ysshare2325]

Wowwww... I don't know how to thank you... Super bro.. this is my 1st like from all my watched videos in KZbin.

[@optionables]

Thank you sir. Means a lot

[@basavarajr4311]

u people done great early age of life I wish u all the best for future

[@optionables]

Thank you sir

[@hemant410]

Would like you to come up with strategies on nifty too. Kudos to the team at Optionables👍

[@optionables]

We have already done one do check it out

[@venugopal6405]

Are they doing on weekly or monthly options??

[@seetakitchen]

@@optionables Link of that video please?

[@viratslife6161]

Thank you for this video, it was quite an eye opener. Just one thing, did you take any slippages into account while backtesting? If yes, how much? If no, what slippage% will be right if I want to backtest it?

[@chetanmathur9809]

what is the meaning of slippage?

[@s0ulweaver]

Why are you concerned about slippage. Bank Nifty is an index and in that too you are trading STRADDLE. An Index is the most liquid instrument and you have to deal only with ATM strikes. Also you are to be trading nearest expiry options. It truly couldn't get any more liquid than this. Stupid question.

[@vishnupriyanjs4570]

@@s0ulweaver I think he is asking about Brokerage cost and overall expense

[@drb.a.bhalodia5438]

High probability ,. along with others should stand major criteria for option strategy

[@SunilKumar-rq1mo]

Great explanation sir - we will follow these rules 😀😀 - I would happy to be part of the Tradeothon in Bangalore 😀😀

[@prasadbhat2885]

Very good information given by Saketh sir👌👍😍🙏thank you so much Saketh sir😍🙏

[@somokantaarambam5463]

Can we use this strategy on Nifty50 too? Waiting for the reply

[@optionables]

Yes

[@somokantaarambam5463]

@UCx51uLYOOmNj3z6BBOIRZ0w its for Intraday (Mis)

[@hemagiri9738]

Hi Team From where you got the historical premium prices for last 4 year's and that too at 1 and 2:55 PM Information would be really helpful Thanks in advance

[@guddurock5753]

stockmock