Yellow line (Submarine) is 21wma day wvap.
Simply put, if price above it, you short deep otm puts.
if price below it, you short deep otm calls
can ignore rest.
Lower panel shows ADX & DMI signals. One can use it for trend strength
|► ZERODHA - Open Instant Account||► 5paisa - Flat ₹10 Per Order||► FYERS - Free Trading with 30 Day Challenge|
|► ZERODHA - Open Instant Account|
|► 5paisa - Flat ₹10 Per Order|
|► FYERS - Free Trading with 30 Day Challenge|
|Thread starter||Similar threads||Forum||Replies||Date|
|want to open suitable account for bank nifty option writing||Options||1|
|P||how to identify big money is buying options or writing options in real time via option chain||Derivatives||2|
|T||New way of option writing. Please share your views ?||Day Trading||3|
|H||How to earn 2% per week by Option Writing in Nifty and Bank Nifty?||Options||17|
|W||brokerage offering highest margin for option writing||Options||6|