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Long Strangle Book Your Profits

Note: Before reading this article please read Greek Referendum Trading Tip Inside to better understand when we initiated this trade and how we are booking profits now.

The movement we wanted has come. It may not be because of the Greek crises but because of the China market crash. We are least bothered. We wanted a strong move and increase in VIX and we got it. A 1.75% increase in one day movement should make the long strangle profitable. It is just 5 days old, so not much premium is lost. VIX increased by 9.07% and closed at 17.79. Increase in VIX will make the long strangle profitable.

So those who listened to my advice and entered into a long strangle can book profits tomorrow morning before Nifty whipsaws (move in the opposite direction). Greed will now come into force and people will start investing in stocks anytime and Nifty will again resume its upward journey. This will kill VIX and take this profitable long strangle back into loss. This is what we do not want so just book profits, it does not matter even if it is small. The trade was for small profit or a small loss. Since we have made a small profit lets book it. Let not greed take over you. This small profit should be more than 10% of the blocked margin, and that is enough for us. Stick to the plan and you will become a successful trader.

Remember its about small profits more times than the small occasional losses. And you should be in profits almost every month.

Tip for traders who have subscribed my course: VIX has increased. The directional trade should be in profit. You can close it. Now its great time to trade our strategies. Nifty has fallen and the VIX has increased. It is perfect time to trade strategy 1, and if you are a bit risk taker you can straight away trade the strategy 2 on the put side.

It is also a great time to trade the conservative stock option trade. Many stocks have fallen – see if your favorite stock has fallen too. Options premium have increased. You have a chance to make almost Rs. 15,000 this expiry itself – and if there is a small loss we need not worry we have a plan to get back our money and still make the same profit.

So please don’t be lazy and take action now.

I hope you learned a lesson on how to take a decision when to trade from this Greek situation. Any major news will spike the VIX and make Nifty move. And then VIX will go back to normal. The idea is to take benefit of this situation. Markets will give you a plenty of opportunity to trade, just keep a look out for them. Listen to news or read newspapers and take action before it happens. Since we are not speculating we can take a calculated risk and you will see that most of the times these calculated risks will be profitable.

Important: The whole idea of this post was to teach you how to find opportunities to trade – how to manage risk and plan the trade, when to take the profits out and what to do if there is a loss. This was in NOT written to show that look I am a great trader. I am a 2-3% man and I look for small opportunities to make profitable trades. Most of the times I am successful, sometimes I am not and I am ok with those occasional small losses. No trader in this world can make profits in all the trades. The idea is to trade to make money to beat inflation and also beat average mutual fund returns of almost 15% a year. With conservative trades and occasional small bets like this we can easily achieve that.

Remember option trading will not make you rich in a day, a month or even a year. But in 5-6 years a lot of wealth can be accumulated.

I will definitely email my course subscribers you whenever there is a new opportunity. Ideas sent to them may or may not be uploaded in this site. Even if uploaded it will be after the opportunity is over.

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Hi, I am Dilip Shaw, owner of this website. I am a trader like you. I have been trading since 2007, but lost a lot of money till 2010. I then stopped trading and studied options like college exams. Started trading again from 2011 and never looked back since. I did a lot of research, read books and did countless paper-trading before being profitable. You can read about me here.

My conservative trading course since 2014 is helping many retail traders just like you who have a job or business make consistent profits like this:

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You can do this course from your home. Some traders make amazing profits like Rs. 16.26 lakhs profit in 5 days though results may differ for all.

This course helps you learn to trade conservative option strategies for monthly income. Once you finish the course you can start trading immediately. You can start trading from any day. No need to wait for expiry. You will make profits consistently.

This course is good if you have a regular job or business. You DO NOT NEED to monitor your trades every second.

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Before reading please understand that for all 5 strategies, strike selection will be taught. Strike selection while trading Options is the most essential part to succeed.

You get two conservative non-directional strategies on options, one conservative stock option strategy and two conservative directional strategies on Future & Option combination.

Non directional trades are profitable 80% of the times and make 3-5% per trade (Results may vary).

Directional strategy makes money fast. It does not matter which side the stock moves. In fact you make more when you are wrong in the Future trade. 🙂 Some amazing profits possible here.

The stock option trade makes 30,000 in one trade and if SL is hit there is a way to recover losses plus make 30k in that trade.

Technical knowledge is NOT required. No need to monitor trades every second.

In the course you will learn how to select the strike prices. You learn when to trade, which strikes to sell which to buy, how much profit target you should be looking for, the best place to take stop loss and what to do after taking stop loss – means how to get that money back. The success rate is more than 80%.

Since trades are properly hedged there is no stress in trading my strategies.

I am very confident that you will make money trading my strategies. To help you succeed I offer few months support for FREE.

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To know more Call/SMS/WhatsApp me on 9051143004 or email me now. I know English and Hindi.

Read the details of the course here.

If you want to enroll for the course you can do so here.

P.S: So many years of trading has thought me one thing - it is always better to make small profits month after month, rather than lose money month after month trying to make too much money. It never happens. But small money accumulated month after month can become very big in only a few years.

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One of the Best Testimonials
Greek Referendum Trading Tip Inside

About the author: I started trading stock markets since 2007. However my first 3 years were losses. Then I dedicated almost 1 year on studying, researching, paper trading options and learned a lot in that time. Since 2011 I am trading Nifty options profitably. Call me if you need any help trading options on 9051143004.

{ 3 comments… add one }
  • Dilip Shaw July 9, 2015, 3:45 pm

    Recently I received these emails after I wrote the above article that I want to share with you:

    Thank you so much for your email. Yes we are learning a lot from you. I am glad that I did your course. Keep it up.
    Best Regards,
    M. Raman

    Thank you, Sir. We appreciate your commitment to all of us. Most sellers do the sale & forget. You are an exception.

    Once again, thanks a lot.


    I am really happy that my customers and subscribers are liking what I am trying to do through this website. These kind words will motivate me to write even better articles for you. There is a lot of misguidance and miss-selling in this field. I am only trying to educate traders who do not have much information online on trading options especially in India. Thank you once again.

  • Ragunathan July 9, 2015, 5:46 pm

    In this Money Making Market world everyone running after money….but some people like you do the business with ethics, moral and shares the knowledge with social responsibility. With your strategies you can assure any greedy trader that he can get so much of profit. But you didn’t say like that. You say with reality and teaching every trader not to be greedy. Though i’m not trading with real money as of now i’m teaching myself with your articles how to be Non-Greedy trader. Thanks DilipJi.

    • Dilip Shaw July 9, 2015, 6:05 pm

      Thank You Ragunathan.

      When I was losing money the real reason was lack of knowledge, lack of a plan and greed. Until one day I said to myself enough is enough. I was sure like me there were many traders who were on the losing path – just like me they too had no plan and maybe they were greedy too. So I started writing in this blog to educate.

      I had to start a service because it was taking too much time and I couldn’t justify that.

      I am so glad its helping people like you. This really makes me very happy.

      Thank You.

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