It's a request to everyone which I'm currently watching on YouTube.
There are many videos and channels on YouTube regarding Same option Selling Hedged strategies niche.
NEVER Ever Trade any strategy from YouTube without backtesting it for atleast a year.
There many recently uploaded videos also which consists of Calendars means Legs With current expiry and next expiry.
Only 1 expiry legs payoffs are easy to conclude after just watching it once but if legs are from more than 1 expiry then you can't just conclude anything before testing.
And if someone is new then they'll surely be manipulated by such manipulative payoffs shown by many youtubers.
It's possible to manipulate calendar payoff in opstra by just choosing different payoff dates.
So Steps To follow to Not get Trapped in any bad strategy:
1. Always Make payoff on stock mock to get the real picture. 2. Always test the strategy. 3. If stock mock strategy payoff is not matching with the video opstra's Payoff then never go for that strategy.
And always keep in mind that only simple strategies had worked in the past, will work in future like iron fly, strangle with proper adjustments and safety and much more.
Share this message to every Option Seller, it's very Important
THOSE Who are doing Positional Strategy in BN Should Start with Nifty if you can From Next Week only After Completing Backtesting, Reason is when something is temporary then volatility in it can be next level for remaining weeks in BN.