
The course is about taking inspiration from Income Strategy concepts and applying it in Intraday. Moment we bring this concept to intraday, we get benefit to run it with much smaller capital. The premise of the course is to help you learn the concept and help you "run it like a business".
Following topics will be covered
1) What are Options
2) What is CALL and PUT Option
3) How is Option Priced
4) Example of Option price based on changing Spot price and Volatility
1) What if In the Money (ITM) and Out of the Money Option (OTM)
2) Calculation of ITM and OTM for selection in Income strategy
3) Demo of selecting ITM and OTM option
1) Option Greek Delta, Gamma, Vega and Theta Explained
2) Importance of each option greek in Income Strategy
3) Key points of Option greek that will help increase the "win probability"
1) What is Intraday Income Strategy.
2) Overview Strategies that we will study in this course.
3) How "Math is on our side" when we trade this strategy.
3) What makes Intraday Strategy so unique.
- Drill down on our first Intraday Income Strategy i.e. Intraday on Non Expiry day.
- How the strategy works
- Methods to manage losing trade when market rallies or crashes significantly.
- Example trades to help articulate the strategy.
- Live trading to demo how Strategy 1 i.e. Non Expiry, Intraday can be used.
- How to document trades and further analytics.
- Drill down on our first Intraday Income Strategy i.e. Intraday on Expiry day.
- How the strategy works
- Methods to manage losing trade when market rallies or crashes significantly.
- Example trades to help articulate the strategy.
Live Trading of strategy 2.
- Drill down on our 3rd Intraday Income Strategy.
- How the strategy works
- Methods to manage losing trade when market rallies or crashes significantly.
- Example trades to help articulate the strategy.
Live trading using Strategy 3
- Drill down on our 4th Intraday Income Strategy.
- How the strategy works
- Methods to manage losing trade when market rallies or crashes significantly.
- Example trades to help articulate the strategy.
Live trading using Strategy 4
- How to select the strategy that works for you?
- Should you opt for all 4 strategies to start with 2 of them?
- What data to capture for each trade
- How to use analytics to monitor the performance of Intraday Income Strategy
- How to benchmark your performance.
Some improvement in the strategy based in new market dynamics
What you will Learn
- What is income strategy i.e. generating income by option selling without speculating about the direction of the market.
- 4 Strategies that you can apply for intraday setup. Intraday setup for income strategy is ideal for small retail investors where risk is low.
- How to manage wins and more importantly how to manage loss. How Stop Gain or Stop Loss works in this setups.
- How to manage exits?
- How to run income strategy like a business.
Course Overview
Learn how to use concepts of Income Strategy at intraday level. This course will help to understand strategies which will be like generating regular income on a daily basis. I view this as running a business where the profit and loss account is generated everyday. I have build this course grounds up from starting with basics of option, basics of income strategy to detailed coverage of strategies, how to manage losing trades and how to do analytics to track your progress and run the entire strategy like a business. The course
The course assumes that you have little or no knowledge of option. So, it will start from the very basics of option. Once we pick speed, we will start picking one income strategy at a time. We will cover 4 income strategy which is tailored for small account for retail investors like you. When I teach each strategy, the flow will be broken down into 4 parts. Talk about the theoretical concept of the strategy and the broad hypothesis on which it is based. Then we will talk about the mathematical concept. This is followed by real life trade. In the end we will talk about the risk mitigation and the reward risk ratio.
The idea is the cover the concept such that once you start practicing it you should be able to run these strategies like a business and generate regular income on a regular basis. When I say regular, I have a time period of one month in perspective where you should be positive and able to generate consistent regular income.