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 CZcamsrs 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...
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.
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.
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?
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 ..
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.
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 ?
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.
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
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 .
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
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
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.
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.
Saketh's wisdom at such age is so so commendable + his teaching skills is cherry on the top :)
Thank you sir
Means a lot
So very editing.... keep it simple..as invest time in studies...only
@@sakethr Hedged and straddled are same plz do rply
@@sakethr sir pls help me... Thuba loss ಆಗಿದೆ pls help..😢lost all saving money...
@@shananshaikh5806One of the strategies in hedging is Short straddle
Amazing work 👍, I always say that trading and investing is very profitable and safe with the right help and proper guidance
That's why I trade with Theresa option she's the best
Yes, I have recovered All my losses and made more profits from her
How to reach her?
In telegeram with her namme
Theresa option
You would have made a great professor in another life! Great vid
Thank you very much
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. ❤
Thank you sir
Hi Saketh, there are very few CZcamsrs 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
This is full of knowledge on the concept as well as it's practical aspects.
Great learning video Sir...
thanks a lot..🙏
Thanks you
I am a strangle guy . Quite informative to learn about straddle with you.
Thank you
Simply explained the complicated one, thats Saketh. I expecting regular posting like this. All the best. Thanks for the efforts.
Sure sir thank you
Thanks Saketh for your knowledge❤ Great learning, at premium base adjustment, you adjust on double or 70% gap between two strikes
Around 70-100 range
Excellent teaching & contents are also very good. Thanks a tonne ❤
Excellent 👍. Thank you so much Mr. Saketh 🙏
Thank you
Excellent presentation saketh . 🎉 would like to know more about premium based adjustment on intraday. Once again thank you so much .
Thank you sir
Expecting regularly this kind of video
Hi Saketh. 🎉
Thank you.
Your Practical knowledge and teaching are extraordinary.
Thank you sir
Thanks Saketh good explanation and helping lot. Cheers.
Thank you
i am really think, i will learn a lot from this series........
Please post videos more frequently.........Please.........
Sure
Nice to see your video. I have been looking for such a video for a long time.
Thank you Saketh. Your way of teaching is so lucid and clear. So practical
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.
Sure. Thank you
For this adjustment Sundar wud have charged fee of 25 lakh….Great job bro 👍
Superb content. Very informative. Thank you so much for this. Please consider running some mentoring programs for new traders.would be very helpful.
Sure sir will definitely let you know in future
Extremely beneficial video. Kep up with good work.
Thank you kishor sir
Excellent explanation 😊
Thank you sir
I have seen that when there is imbalance in premiums...market moves to cover up the premium on the respective side for 90% of the time.
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...
very good information ! keep sharing !
Thank you sir
Awesome Video #Saketh... Keep up the great work... 👏👏😍😍
Thank you sir
Namaste sir
Bhut achhi aur informative vedio 😊
Very nice video bro. Try to make a video every day about your trade review your loving Shiva from Nellore Andhra Pradesh.
Very nice and detailed video!
Thank you
Very useful information 👌
Thank you sir
You are really GOD gifted. God bless you...
Thank you sir
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.
Sir do u even prefer doing short straddles in low vix environment?
Thanks for this explanation.
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.
More or less they are the same sir. Atleast we do it the same way
@@sakethr Thank you so much for the response.
SIr, what an explanation
Thank you
Must watch video
Thank you
Very practical video
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?
It depends. Mostly no
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 have explained how we manage positional and intraday trades in Video 3. I have attached the link in the description
Excellent video, would love to know how to handle major gaps as these are naked straddle
You can watch the position sizing video
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.
brother, one more adjustment of strangle like straddle , plz post as early as possible , and last straddle is increase my confident more, thanx man
Perhaps you should elaborate more on premium imbalances and rationale for action taken
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 ??
can you also show us how to adjust for far month/ long term short straddle?
Yes
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 ?
very insightful.. Could you please teach iron-fly & iron-condor similarly?
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.
Saketh is this method applicable for intraday straddle, particularly on expiry day ? Thanks for your cooperation.
Yes sir, you can use it to intraday also
Very good knowledge great👍👍👍👍👍
Thank you sir
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
plz make video in detail how to manage short strangle intraday
I have covered it in the recent video sir
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
Kudos bro.. Is the hedging or stoploss required?
I hedge overnight positions. You can check the link in the description for the 3rd video I have explained in detail
@@sakethr Ok thank you bro. Please upload more videos in this straddle series. Keep rocking🔥
Great man ❤
Very well explained Sir. Salute to you. Can we do similar adjustments in Ironfly ?
It will be little different. I will make the video separately
Saketh , dayavittu order flow mele video maadi
When are you coming to Chennai for the tradeathon? I am eagerly waiting. No updates on the registration status yet 🙄
सर आपकी वीडियो हिंदी में रहती तो बहुत अच्छा होता इग्लिश समझ मे तो आ जाती है लेकिन हिंदी में और मजा आता सर जी
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 .
Super sir
Thank you
Keep going...i subscribed the channel
Thank you
thanks brother
Please tell iron fly and iron condor adjustments too 🙏
Nice n thanx
How to protect against black swan events when you carry overnight positions or do you carry hedges as well?
Keep up your good work ❤️
Thank you sir
this is positional short straddle adjustment or intraday ? as i understand its intraday because you using 5 min chart.
Positional
instead of squiring off loss making trade we can square off profitable leg and short the same premium of loss making leg. pls comment on this
Excellent 🧡❤
Thank you
So we can say it's better to do intraday straddle rather than positional.
wonderful
Thank you sir
Good video bro 1 question you don’t buy hedges?
We buy only for overnight.
I have covered that part in video 3
@@sakethr thanks for reply
can you suggest a paper trading platform or trading platform where you can see the live graph of an ongoing trade
You can try Sensibull virtual trade
i am very worried because from some months i get stop loss hits every time when i created straddle and strangle
pleasw advise me what should i do?????
Sir is it for positionsanal or intraday ??
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
he doesn't trade anything. he is here to make money from youtube and then sell his sh*tty courses.
Did you come out of Optionables bro?
We are now trading in partners personal accounts through copy trade. Optionables partnership is closed
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
I was actually moving ahead to the same point in stock mock, before we could reach that point there was imbalance in the premium
@@sakethr Thank you so much for the response.
It's very risky to hold the naked trade overnight. One single day big movement can wipe out your one year profit.
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..
Yes We can use bigger time frame
Please upload one video option buying best setup hole of CZcams in crude oil
Good
What to if you take iron fly instead?
How to deal with big gap up on next day?
Saketh make more videos
Sir what about the brokerage , in shifting legs multiple times.
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.
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.
Could you please recommend any good book on Options.
Varsity is a good place to start
Thanks Brother. :)
❤
🙏
Its Mr PR Sundar's material......
What about the brokerage charges due to adjustment 😅
Works out slightly better when capital is more
Can you not make this approach into an algo trade
Will make a video soon
@@sakethr thanks for the reply...will look forward to it.
How much money required for this trade you are not saying
1.7 LAKH
Bhai please make a video in Hindi language short straddle
❤❤❤❤
🙌