Intraday Trading with Data Reading
Learn Stock Market
• How to Read Data and Trade in Intraday
In this video, you will learn how to read data and trade in intraday. The
best thing about this is that you can deploy your strategies anytime. We
will also see how a normal person can do regular trading in intraday
and earn regular income.
• Understanding Data Reading in the Market
When it comes to data reading, we need to look at the change in open
interest, call open interest, and put open interest. We will see both and
decide whether to sell a call or put. We will also look at the stop loss
chart-wise and premium wise. After this data reading, we will use
sensible strategies to filter out the part we want to sell.
• The Sensible Part
We will start by looking at the latest chart of daily, Friday's chart. We
will go to Sensible and look at the multi-strike open interest chart. This
is a critical part that you have to see carefully. Always read the data near
the market. For example, if the market is running at 44,000, you have to
see 23 puts below 44,000. We will check the data of all the straddle
prices and make our trade accordingly.
• Making the Trade
After analyzing the data, we can make our trade. For example, if we
judge that there are more chances of a sideways to bearish move, we
can sell a straddle of 44,000 and sell a call of 44,100. We will keep our
stop loss at 1%. It is important to note that you can never lose more
than 1% in intraday.
• Option Trading Strategy for Directional
Trading
Learn Stock Market
• How to Read Data and Trade in Intraday
In this video, you will learn how to read data and trade in intraday. The
best thing about this is that you can deploy your strategies anytime. We
will also see how a normal person can do regular trading in intraday
and earn regular income.
• Understanding Data Reading in the Market
When it comes to data reading, we need to look at the change in open
interest, call open interest, and put open interest. We will see both and
decide whether to sell a call or put. We will also look at the stop loss
chart-wise and premium wise. After this data reading, we will use
sensible strategies to filter out the part we want to sell.
• The Sensible Part
We will start by looking at the latest chart of daily, Friday's chart. We
will go to Sensible and look at the multi-strike open interest chart. This
is a critical part that you have to see carefully. Always read the data near
the market. For example, if the market is running at 44,000, you have to
see 23 puts below 44,000. We will check the data of all the straddle
prices and make our trade accordingly.
• Making the Trade
After analyzing the data, we can make our trade. For example, if we
judge that there are more chances of a sideways to bearish move, we
can sell a straddle of 44,000 and sell a call of 44,100. We will keep our
stop loss at 1%. It is important to note that you can never lose more
than 1% in intraday.
• Option Trading Strategy for Directional
Trading
