Stocks are highly volatile

Stock has high margin

Volatile High Margin at any given time

No Circuit limit in stocks

Stock can come in FNO Banned

Hedging cost is high , due to monthly contracts only

Liquidity is very low in stocks - Select only Highly liquid stocks

Select Different Sectors - IT, Banking

Close all the positions in Monthly trade in third week only

Check Option Dashboard, select High IVP stocks [during Results]

During Result avoid selling far OTM options

Prefer Ironfly during results

Prefer Strangle with High Probability of Profit above 80 percent

IVP should be above 60 when Selling Stock Options

Tools used for Options

Opstra, Sensibull

ICharts

Chartink, Screener

Tradetron

Placing order directly from Sensibull

Check the hedging difference between the straddle and strangle

Opstra

Opstra is usefull in showing the relevant graphs while taking trades

Always consider the percentage gain on a trade while closing the trades

Refer to the process of Option Selling in Stocks

Stock Name CMP Contract Valuation

TCS 3230 175 565250

INFY 1260 400 504000

WIPRO 380 1500 570000

TechMahindra     1047     600     628200

ICICIBANK 920 700 644000

HDFCBANK 1625 550 893750

KOTAKBANK 1928 400 771200

AXISBANK 865 1200 1038000

SBIN 575 1500 862500

INDUSIND 1075 450 483750

Reliance 2440 250 610000

Titan   2750 375 1031250

TataSteel 110 5500 605000

TataMotors 505 1425 719600