Yes, will add these things slowly.
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which brokers provide these ?
Thinkorswim through TD Ameritrade
what are remittance charges and time taken to deposit and withdraw money
@siva-reddy @ShubhS9
I have 24 Sept 11000PE & 11900CE Shorts. To hedge that I have 27 Aug 10900PE & 11900CE long. (All outside the OI range)
Now what will happen tomorrow?
My 27 Aug 10900PE & 11900CE long will expire worthless. So to continue hedge I will have to enter next week strikes long.
Now if I try to buy next week options while letting this week longs expire worthless, orders will get rejected.
If I exit longs first, so as to take new longs, my margins will exceed 400/500% although momentarily.
What to do now?
@Prakhar_Agrawal Idfc first bank i believe cheap then sbi , 1 to 2 working days its will reflect to the account , 500 to 700 charge including all gst others charges are include , if you are transferring 1 lakh + no need to consider the charges because its cheap ,
if you are enrolling to invest through icici or hdfc or upstock , there remittance charge + trade commission + subscrition fee applied
But in TD ameritrade only remittance charge from india we need to bear only , no commission on trade investment thats a good part
On expiry days range will be much,much wider, if you are planning to trade tomorrow.
Hi Nithin,
The only suggestion is searching of scrips ⌠if you provide anything kinda option chain to just select the scripâŚit will be useful.
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@maddy_Des you can close everything and then sell Sep option and buy weekly hedges in multiple tranches (say in 3 or 4 tranches, as much as your total margin allows).
I know this is cumbersome and takes a while to do, but this is the only hack as of now which I have also been following.
Hi!
@maddy_Des
If you donât mind, may I know what is the strategy you have deployed here? And what is the probability of making profit, obviously? Iâm not such an experienced guy in this field. If it doesnât bother you, it will be my privilege to learn something always from all of you veteran guysâŚ
Nevertheless, if my request in any way may have displeased you, I beg your pardon.
Your kind response in this regard awaited.
This is a strategy by Jegathesan Durairaj & shared in @Learnapp course.
You can join learnapp for detailed video.
We simply sell 45 to 30 DTE options and buy cheap weekly options for hedge. This is sort of reverse of double calendar spread.
Double calendar spread works in strikes that are near to ATM. While this strategy works in far OTM options well.
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Very much grateful for sharing your precious knowledge. Let me grasp it⌠I will again revert to you once I get it comprehensively.
BTW, what is learnapp? And how to join this⌠Is it available on play store?
Cool addition to Kite Capabilities. Awesome Zerodha.
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This is wider!?
@nithin @siva-reddy
Itâs hard to visulaize every obstacle!!!
So as soon as I exit this week outside OI long options I will be in a margin shortfall. So my next hedge buy order of 3 sept week will get rejected due to insufficient funds. That means I will be stuck in naked shorts. WTF.
So basically outside OI range, one cannot rollover whatsoever?
@nithin @siva-reddy plz reply to this asap.
You are aware of this right, earlier also you discussed about this.
