Wednesday, June 3, 2020

Mitesh Patel Trading Strategies

Can be followed on
  1. Twitter
  2. Telegram
Mostly a price action trader.

Index Options Selling
  1. Seems like uses Normal Distribution Concept that probability of more than 2 sigma events is <= 5%.
  2. Uses mainly technical analysis like Trend Lines, Support Resistance, Gap Theory etc to asses the direction of the market.
  3.  Sells options in the opposite direction of the market mostly at 2 sigma distance. Keeps on moving the options as the market moves.
Expiry Day Options Trading
  1. Sells massive quantities of options on weekly expiry in indexes.
  2. Most of the money he makes from this only.
Stocks Futures And Options
  1. Trades large quantities of futures and options of stocks based upon the breakout strategies.
  2. By breakout i mean crossing the 52 week high and low. 

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