Reduce Your Losses With This Short Straddle Adjustment | Saketh R

[@vaderaspen1357]

Amazing work 👍, I always say that trading and investing is very profitable and safe with the right help and proper guidance

[@vaderaspen1357]

That's why I trade with Theresa option she's the best

[@davidlemarquis1133]

Yes, I have recovered All my losses and made more profits from her

[@contancevigil4981]

How to reach her?

[@damienattenborough878]

In telegeram with her namme

[@damienattenborough878]

Theresa option

[@stockmock]

Saketh's wisdom at such age is so so commendable + his teaching skills is cherry on the top :)

[@sakethr]

Thank you sir
Means a lot

[@paaramjoy2878]

So very editing.... keep it simple..as invest time in studies...only

[@shananshaikh5806]

​​@@sakethr Hedged and straddled are same plz do rply

[@abhiu376]

​@@sakethr sir pls help me... Thuba loss ಆಗಿದೆ pls help..😢lost all saving money...

[@deekshiths2657]

​@@shananshaikh5806One of the strategies in hedging is Short straddle

[@ShutupPavs]

You would have made a great professor in another life! Great vid

[@sakethr]

Thank you very much

[@sudarshanshilpa2426]

You are awesome Mr Saketh..well balanced, conceptual n non biased approach makes you unique. Proud you are from Karnataka. Make your empire larger..broader. Its a kind of social service. ❤

[@sakethr]

Thank you sir

[@amitkhare8377]

This is full of knowledge on the concept as well as it's practical aspects.
Great learning video Sir...
thanks a lot..🙏

[@sakethr]

Thanks you

[@sanbranny]

Hi Saketh, there are very few TH-camrs of your caliber who can explain concepts so easily in an appealing manner & you're one such. I'm spreading your channel to my friends & family and wish you post more and more videos for option traders. No doubt you're blessed with a sweet voice that can mesmerize anyone on the go. Keep up your good work and Thanks for the knowledge sharing. God Bless you Dear

[@AjaySharma-wq5zo]

Thanks Saketh for your knowledge❤ Great learning, at premium base adjustment, you adjust on double or 70% gap between two strikes

[@sakethr]

Around 70-100 range

[@9092295555]

I am a strangle guy . Quite informative to learn about straddle with you.

[@sakethr]

Thank you

[@kramachandraudupa5340]

Excellent teaching & contents are also very good. Thanks a tonne ❤

[@Moon_Sekaran]

Simply explained the complicated one, thats Saketh. I expecting regular posting like this. All the best. Thanks for the efforts.

[@sakethr]

Sure sir thank you

[@samprem]

Excellent 👍. Thank you so much Mr. Saketh 🙏

[@sakethr]

Thank you

[@anand120556]

Thank you Saketh. Your way of teaching is so lucid and clear. So practical

[@madhankumar1894]

Hi Saketh. 🎉
Thank you.
Your Practical knowledge and teaching are extraordinary.

[@sakethr]

Thank you sir

[@sureshbabu6153]

Excellent presentation saketh . 🎉 would like to know more about premium based adjustment on intraday. Once again thank you so much .

[@sakethr]

Thank you sir

[@priyaayyappan7268]

Thanks Saketh good explanation and helping lot. Cheers.

[@sakethr]

Thank you

[@amateurtrader7428]

Superb content. Very informative. Thank you so much for this. Please consider running some mentoring programs for new traders.would be very helpful.

[@sakethr]

Sure sir will definitely let you know in future

[@nvreddy9]

Superb. Excellent Presentation. Thank you Saketh. They are no hedges in this positional Strategy, what happens if there is a huge gap up or a gap down? How can we adjust in those scenarios? Could you make a separate Video on this? Thank you

[@sakethr]

Sure sir. This is more on naked short straddle. I have explained the risk management and position Sizing part how we take the trade. Do take a look at it once.

[@nvreddy9]

Sure. Thank you

[@Manjula098]

Nice to see your video. I have been looking for such a video for a long time.

[@prashanthgouda1997]

Expecting regularly this kind of video

[@heshamkhan7695]

Thank you for the valuable content🤗 You are an Inspiration. Many traders are suggesting not to adjust on the tested side of a strangle or straddle but to adjust the untested side. Why is this a common idea? Is there a threat to booking the loss leg and keeping the profit leg? Honestly, to me, this looks like the logical adjustment. I don't find a single source that explains how to adjust the tested side. Please brief...

[@antoncastillo404]

I have seen that when there is imbalance in premiums...market moves to cover up the premium on the respective side for 90% of the time.

[@amitkumarrawat5]

i am really think, i will learn a lot from this series........
Please post videos more frequently.........Please.........

[@sakethr]

Sure

[@kingjimmy442]

For this adjustment Sundar wud have charged fee of 25 lakh….Great job bro 👍

[@jatinmodi150]

You are really GOD gifted. God bless you...

[@sakethr]

Thank you sir

[@ramp2011]

Great video. Is it fair to say that the adjustments for Straddle and strangle are the same? If market goes down, move the put down (and may be move call down) and market goes up move the call up (and the put up). If the market violently moves up and down all these adjustments may take a significant portion of the credit.

[@sakethr]

More or less they are the same sir. Atleast we do it the same way

[@ramp2011]

@@sakethr Thank you so much for the response.

[@sivakrishna6134]

Very nice video bro. Try to make a video every day about your trade review your loving Shiva from Nellore Andhra Pradesh.

[@hariomsharma2078]

Excellent explanation 😊

[@sakethr]

Thank you sir

[@AmanKhoradiya]

Namaste sir
Bhut achhi aur informative vedio 😊

[@rebeckism]

very good information ! keep sharing !

[@sakethr]

Thank you sir

[@kisor1968]

Extremely beneficial video. Kep up with good work.

[@sakethr]

Thank you kishor sir

[@adityamallik686]

Great teaching . What’s the imbalance ratio you adjust at , twice or three times difference in premium , also how do you cater for big gap ups or downs as you haven’t bought hedges ..

[@sakethr]

I have explained how we manage positional and intraday trades in Video 3. I have attached the link in the description

[@vigmanu1]

Very nice and detailed video!

[@sakethr]

Thank you

[@traveltravel9736]

Thanks for this explanation.

[@grvspintex6771]

I am also doing sgort straddle. But i adjust when premiums are at 1:3 ratio. I done backtesting for 2 years foe this strategy and getting 80% to 100% return per year.

[@catparadise6889]

Sir do u even prefer doing short straddles in low vix environment?

[@senthilkumarankarunakaran2900]

Very useful information 👌

[@sakethr]

Thank you sir

[@srinivasbpos1993]

Awesome Video #Saketh... Keep up the great work... 👏👏😍😍

[@sakethr]

Thank you sir

[@srivatsanrangachari]

Thanks Saketh, for sharing the SS strategies. I know you are a non directional trader, I like to know would you also execute Brokenwing Iron Condor or brokenwing iron fly based on the trend?

[@sakethr]

It depends. Mostly no

[@arunswaminad]

Excellent video, would love to know how to handle major gaps as these are naked straddle

[@sakethr]

You can watch the position sizing video

[@bisu1112001]

brother, one more adjustment of strangle like straddle , plz post as early as possible , and last straddle is increase my confident more, thanx man

[@muthukumarsadayappan9128]

SIr, what an explanation

[@sakethr]

Thank you

[@vandanas3554]

Must watch video

[@sakethr]

Thank you

[@samuppuluri4699]

Can you answer? When you take a bullish or rangebound bullish straddle, the premiums are already in imbalance. How do you manage the trade when it goes against you ??

[@balakrishnanm4600]

can you also show us how to adjust for far month/ long term short straddle?

[@sakethr]

Yes

[@arindam899]

Very practical video

[@Akki-bhau]

Hello Saketh,
when price reach support or resistance, multiple times Option prices hit our SL. We cannot do SHIFT adjustment as smoothly as explained in video.
How to set trades with SL. What is the % you usually use ?

[@kumssmuk2632]

Perhaps you should elaborate more on premium imbalances and rationale for action taken

[@kisor1968]

Saketh is this method applicable for intraday straddle, particularly on expiry day ? Thanks for your cooperation.

[@sakethr]

Yes sir, you can use it to intraday also

[@bhushanshaligram1995]

Hi Saketh! Thanks for sharing this video. Extremely valuable. I had a question though. At 15:18, why did you balance the existing leg of 'Call' with a 'Put' of 209.9 when other Puts were available at high and low prices too.

[@lr87457]

Hey Saketh, thank you for the excellent videos and sharing this knowledge! do you consider pyramiding the winning positions with straddles - either intraday or positional? please share your view. Yes, pyramiding may need additional capital - but you could get that edge too of adding to winning position. thanks again for the knowledge sharing.

[@ramp2011]

Great video. When the call premium is twice the put premium, how do you decide (rule?) should I move the call further out or should i move the put above. Thank you

[@vikashcwatch6176]

It's very risky to hold the naked trade overnight. One single day big movement can wipe out your one year profit.

[@gauravmodi1220]

nice thanks for sharing your knowledge with us ,helps alot, but i have one doubt,it looks so easy ,just take a range bound straddle and keep adjusting at certain levels, is it so easy really?? or any loop holes,never did any options strategy yet .

[@chandulalponkia1498]

Very well explained Sir. Salute to you. Can we do similar adjustments in Ironfly ?

[@sakethr]

It will be little different. I will make the video separately

[@aniketmohite8486]

plz make video in detail how to manage short strangle intraday

[@sakethr]

I have covered it in the recent video sir

[@ganeshdarvesh]

instead of squiring off loss making trade we can square off profitable leg and short the same premium of loss making leg. pls comment on this

[@kaushikn4352]

very insightful.. Could you please teach iron-fly & iron-condor similarly?

[@RameshKumar-bi1ws]

Hi Saketh
Great leaning..see I always do with hedge for strudel in that case the adjustment will change or p&l will show diffence rather than without hedge so could you please put separate Vidio with hedging
Thanks alot

[@arghyapathak2497]

Sir is it for positionsanal or intraday ??

[@pawankumarjha1851]

When are you coming to Chennai for the tradeathon? I am eagerly waiting. No updates on the registration status yet 🙄

[@hiddentruth640]

Very good knowledge great👍👍👍👍👍

[@sakethr]

Thank you sir

[@whateven999]

How to protect against black swan events when you carry overnight positions or do you carry hedges as well?

[@bykkg3214]

i am very worried because from some months i get stop loss hits every time when i created straddle and strangle
pleasw advise me what should i do?????

[@arivuchelvir.m.9376]

Thank you

[@mpvelu1961]

Nice n thanx

[@cj7ks]

Please tell iron fly and iron condor adjustments too 🙏

[@iamalagar]

Keep going...i subscribed the channel

[@sakethr]

Thank you

[@jibokchatterjee4121]

can you suggest a paper trading platform or trading platform where you can see the live graph of an ongoing trade

[@sakethr]

You can try Sensibull virtual trade

[@Abhishekmaurya097]

thanks brother

[@mehndijama7919]

सर आपकी वीडियो हिंदी में रहती तो बहुत अच्छा होता इग्लिश समझ मे तो आ जाती है लेकिन हिंदी में और मजा आता सर जी

[@MuthuKumar-fh8mg]

Kudos bro.. Is the hedging or stoploss required?

[@sakethr]

I hedge overnight positions. You can check the link in the description for the 3rd video I have explained in detail

[@MuthuKumar-fh8mg]

@@sakethr Ok thank you bro. Please upload more videos in this straddle series. Keep rocking🔥

[@iamalagar]

Great man ❤

[@dayy3071]

You missed one of the biggest points - Options spike - The option price may be 222 but the MTM losses when it spikes to 280 for a few minutes is what affects the psychology.

[@sandeep1d]

So we can say it's better to do intraday straddle rather than positional.

[@krishagartala09]

this is positional short straddle adjustment or intraday ? as i understand its intraday because you using 5 min chart.

[@sakethr]

Positional

[@palanisamychellamuthu6593]

Super sir

[@sakethr]

Thank you

[@nikhilthedreamer4339]

Saketh , dayavittu order flow mele video maadi

[@abdulshukoor]

What to if you take iron fly instead?

[@tradewithprabhat181]

Please upload one video option buying best setup hole of TH-cam in crude oil

[@mahimahesh5094]

Keep up your good work ❤️

[@sakethr]

Thank you sir

[@BalaCNair]

wonderful

[@sakethr]

Thank you sir

[@R_Ravindra]

Did you come out of Optionables bro?

[@sakethr]

We are now trading in partners personal accounts through copy trade. Optionables partnership is closed

[@medimanoj770]

Good video bro 1 question you don’t buy hedges?

[@sakethr]

We buy only for overnight.
I have covered that part in video 3

[@medimanoj770]

@@sakethr thanks for reply

[@jayaprakash5825]

How to deal with big gap up on next day?

[@srinivas2808]

Excellent 🧡❤

[@sakethr]

Thank you

[@ramp2011]

Great video. At the time 33:05 the Resistance 44270 got breached. I am curious why you did not adjust? If the levels got breached but the premium is NOT imbalanced, you would not adjust? Thank you

[@sakethr]

I was actually moving ahead to the same point in stock mock, before we could reach that point there was imbalance in the premium

[@ramp2011]

@@sakethr Thank you so much for the response.

[@ramp2011]

Do you mainly trade straddle (which may be converted in to a strangle because of adjustment) or do you also put in a strangle trade as the starting point? Thanks

[@amazingdude9042]

he doesn't trade anything. he is here to make money from youtube and then sell his sh*tty courses.

[@shudharsanmuthuraj1076]

Hello Saketh is it really required to adjust weekly positions based on 5 min candle?? May be higher timeframe can avoid unnecessary adjustments due to false breakouts and lower brokerage..

[@sakethr]

Yes We can use bigger time frame

[@maheshjainitexpert6399]

Good

[@totalpasstime]

Could you please recommend any good book on Options.

[@sakethr]

Varsity is a good place to start

[@arunprasad918]

Saketh make more videos

[@shrutiomar4619]

Sir what about the brokerage , in shifting legs multiple times.

[@iplmani2011]

I am using Kotak broker. They charged me Rs20 per order. Later I request 0 brokerage, now I am getting 0 brokerage for intraday FNO orders. Likewise you ask your bróker , if they don't accept, change to a 0 broker.

[@AntiJihadi]

Its Mr PR Sundar's material......

[@shafai100]

Can you not make this approach into an algo trade

[@sakethr]

Will make a video soon

[@shafai100]

@@sakethr thanks for the reply...will look forward to it.

[@dhananjayp1184]

What about the brokerage charges due to adjustment 😅

[@sakethr]

Works out slightly better when capital is more

[@onkarpatil7306]

Bhai please make a video in Hindi language short straddle

[@tunadora5366]

How much money required for this trade you are not saying

[@maheswarb3469]

1.7 LAKH

[@pintu536]

Almost brokerage will go 1℅ as per your adjustment sir

[@suhasg3448]

❤

[@bhagavanjampana9705]

🙏

[@ramanpenitt]

Tuk tuk dhoni will not start hitting till 19th over 😅😅