How to Trade Options with a Simple Setup (and Make 10x Profits)
Learn how to trade options with a simple setup based on trend and momentum and make 10x profits in just a few months.
Options trading is one of the most exciting and rewarding ways to make money in the stock market. But it can also be very challenging and complex, especially for beginners.
Many traders think that they need to use complicated strategies, indicators, and tools to succeed in options trading. They spend hours on analysis, research, and backtesting, only to end up with confusion, frustration, and losses.
But what if I told you that there is a simpler and easier way to trade options? A way that does not require you to use any fancy software, charts, or formulas. A way that can help you make consistent profits with minimal risk and effort.
Sounds too good to be true, right?
Well, in this blog post, I’m going to show you how I turned Rs. 1,00,000 into Rs. 10,00,000 in just a few months with a simple trading setup. And I’m going to teach you how you can do the same.
What is a simple trading setup?
The simple trading setup that I use is based on two simple concepts: trend and momentum.
Trend is the direction of the market. It tells you whether the market is going up, down, or sideways. Momentum is the strength of the market. It tells you whether the market is moving fast, slow, or steady.
By combining these two concepts, I can easily identify the best time to enter and exit my trades. I don’t need to use any complicated indicators or formulas. I just need to look at the price and the volume of the market.
How does the simple trading setup work?
The simple trading setup works like this:
- I use open interest and PCR to find the trend and the momentum. PCR helps me find the strike to take entry. (Created my own Excel sheet that helps me to read OI data and find momentum).
- I use a 5-minute chart to find the exact levels where we need to enter. I use VWAP to take entries.
- I use these signals to enter and exit my trades.
- I buy call options when the trend is up and the momentum is high.
- I buy put options when the trend is down but the momentum is high.
- I exit my trades when the momentum changes or the trend reverses.
- If the trend looks UP but the momentum is low, I sell PUT instead of Buy Call. Same if the Trend is Down and momentum is low, I sell a Call instead of Buying a PUT.
Why is the simple trading setup effective?
The simple trading setup is effective because it helps me to trade with the market, not against it. It helps me to avoid false signals, whipsaws, and traps. It helps me to capture big moves and avoid small losses. It helps me to keep my emotions in check and follow a disciplined approach.
The simple trading setup is also easy to implement and execute. It does not require any complex calculations, software, or subscriptions. It only requires a basic understanding of the market and the ability to read the price and the volume along with Open Interest.
How can you learn the simple trading setup?
If you want to learn the simple trading setup and how I use it to generate my monthly income, I have a special offer for you. I have created a video course on “Advance Course to Learn Intraday Option Strategies," where I have shown you how I use this setup in the live market. In this course, you will learn:
- How to use open interest and PCR to find the trend and momentum of the market (through my own Excel sheet)
- How to use candlestick patterns and support and resistance levels to confirm your entries and exits
- How to use option chain and implied volatility to select the best strike price and expiry (through my own Excel sheet)
- How to use risk-reward ratio and stop loss to manage your trades and protect your capital
- How to use compounding and scaling to grow your account and increase your profits
This course is suitable for anyone who wants to learn a simple and effective way to trade options, whether you are a beginner or an expert. It is packed with practical examples, live trades, and tips and tricks that you can apply immediately.
The best part is, that this course is available at a discounted price of only Rs. 3299 for a limited time. This is a one-time offer that you don’t want to miss. To enrol in this course, click on the button below and follow the instructions.
Don’t delay, this offer is valid only until December 16, 2023. Once the offer expires, the price will go back to Rs. 9999. So hurry up and grab this opportunity before it’s gone.
I hope you enjoyed this blog post and found it useful. If you have any questions or feedback, feel free to leave a comment below or contact me on my social media channels. I would love to hear from you.
Happy trading,
Sachin Sival