--- title: 'Top Option Buying Tips & Tricks | Intraday Option Buying Strategy | IV in Option Trading' source: 'https://youtube.com/watch?v=V_8-sF25-QE' video_id: 'V_8-sF25-QE' date: 2026-07-31 duration_sec: 2295 --- # Top Option Buying Tips & Tricks | Intraday Option Buying Strategy | IV in Option Trading > Source: [Top Option Buying Tips & Tricks | Intraday Option Buying Strategy | IV in Option Trading](https://youtube.com/watch?v=V_8-sF25-QE) ## Summary This video presents the Sniper Framework, a systematic approach to option buying. The speaker, Mark, breaks down six components—Setup, News, Intraday triggers, Position sizing, Exit, and Review—and emphasizes that not every day is an option-buying day. He teaches how to use IV percentile, RSI, and ADX to identify sideways markets and time entries with a 9:45 range breakout strategy, along with strict risk management and exit rules. ### Key Points - **Option buying is a skilled game** [00:02] — Most traders lose because they buy options out of compulsion without a system. The video promises a clear framework to become profitable by knowing exactly when to buy options and when not to. - **The stop-loss rule** [01:12] — The speaker says he has followed a strict stop-loss rule for 8 years. He points to a recent day when traders who didn't place stop-losses lost everything. - **The Sniper Framework overview** [04:53] — Sniper stands for Setup selection, News & volatility, Intraday triggers, Position sizing & risk, Exit strategy, and Review & reflection. It's a system designed for precision instead of guesswork. - **Not every day is an option buying day** [08:38] — Out of about 250 trading days, only 30-40 days are suitable for option buying. Option buying requires momentum, and most days the market moves sideways. - **How to identify a sideways market** [10:45] — On a 15-minute chart, if RSI is between 40 and 65 and ADX is below 25, the market is likely sideways. In that condition, avoid option buying because there's no momentum. - **IV spikes before major events** [12:53] — Before events like budgets, Fed meetings, or elections, anticipation causes volatility to expand and premiums to rise. When the event ends, IV drops and premiums fall even if the market moved in your direction. - **IV percentile explained** [17:19] — IV percentile compares the current IV to the IV of the last one year, telling whether current IV is high, low, or median. This information helps decide whether to buy or sell options. - **IV percentile rules** [19:53] — IV percentile 0-30 means options are cheap—good for buying; 30-70 is neutral; 70-100 means options are expensive—good for selling. The speaker's personal rule: only buy options when IV percentile is below 30. - **The 9:45 range breakout setup** [23:42] — When IV percentile is below 30, wait for the first half hour (9:15-9:45) to pass. Mark the high and low of the 15-minute candle from 9:30 to 9:45, then trade the breakout with a minimum 1:2 risk-reward ratio. - **Position sizing: never go all-in** [27:37] — Never deploy more than 15-20% of your capital in a single trade. A capital of ₹1 lakh means you use only ₹15,000-20,000. One home-run trade can recover multiple losses. - **Exit discipline** [29:37] — At 1:1 profit, book 50% of the position and move the stop loss to cost. If momentum stalls for 10-15 minutes, cut the trade. Profit booking should be emotionless; greed is the enemy. - **Review and journaling** [32:39] — Write down every trade with entry, exit, holding period, and logic. Review weekly to find patterns. The speaker journals his trades and, after review, stopped carrying positions on Fridays. - **Strike selection guide** [34:11] — Scalpers: use ATM or 1 strike ITM (e.g., Nifty at 25,000, buy 24,950 call). Intraday: 1-2 strikes ITM. Swing trading: 5-7 strikes ITM, and if holding more than 7 days, use monthly expiry instead of weekly. - **The magic of time stop loss** [36:02] — Set a time stop loss: if no movement in the expected time, exit regardless of profit or loss. This prevents theta decay from destroying positions. ### Conclusion The video delivers a practical, rule-based approach to option buying centered on IV percentile, momentum, strict risk control, exit discipline, and journaling. The core message is to be selective, patient, and disciplined—not every day is an option-buying day, and a single well-managed winner can cover many small losses. ## Transcript tell you some tips and tricks for option buying. This will help you to become a better trader. This will help you to become profitable in option buying. Today I am going to give you all such a system that it will look at the system and tell you that brother, option buying has to be done now, option buying should not be done now. If I don't know difficult to make money in option buying. What are the intraday triggers that your system can use to tell you that now is the right time to do option buying? And majority of people do option buying out of compulsion because they do not have money to do option selling. Many times you might have noticed that you took a trade, there was movement , money was also made but you did not book at the right time. He spends all of Sara's money. what mood the market is in right now. Whether in the money, at the money, or out of the money, the option premium increases. What does the name of the indicator mean? It is to indicate it is not to tell you to buy here and sell here. What is the habit of people, they do not Strategy doesn't have to be changed like clothes. No system, no strategy will before yesterday people did not place stop loss. What happened? Everyone had nothing left except their shirts and pants. But I wrote that rule in my system. It has been 8 years for me. I have in my system. It has been 8 years for me. I have not broken that rule till date. I am not a Savir Registered Advisor and this is not financial advice. Please do your own research and trade at your own risk. So hello friends, welcome to the channel. Welcome all of you to this new video. Today 's video is a very value packed video. In today's video we are going to talk about tips and tricks for option buying. There are many of you who do option buying. So what are those tips and tricks in option buying which if used, will give you instant buying. And majority of the tips and tricks you may not know So in today's video, we are going to very value packed video. So like the video right now. Keep subscribing to the channel. Now look at this video, I am not going to teach you on the board. video, I am not going to teach you on the board. in Hyderabad. So complete here, after this the video is going to play. Where I have given massive value tips and tricks and I have shared with you my sniper framework of option buying. The Sniper Framework hides all the tips and tricks you didn't know about as an option buyer. So go and watch the full video. After this you will get the complete video of the Hyderabad session. The quality may fluctuate a bit. But the content is top notch. So watch it carefully and tell us how you liked the video. And please like this video, leave a sweet positive comment and subscribe to the channel. Markets with Mac is a trader driven by passion and empowering others in the stock market trading arena. And now since 2017 he has been dedicated himself with lots and lots of trading expertise and strategic decision making. Let's join hands and strategic decision making. Let's join hands and welcome none other than math. and welcome none other than math. [Applause] give me a strong ass if you can hear me. raise your hand. Now keep your hands raised. If you keep your hands raised now. How many people buy options ? Now keep your hands raised. If you haven't made money in option buying yet. Net net there will be a lot of people who made money. Many people did not make money. I see a lot of hands standing. So in our session today, I am going to tell you some tips and tricks for option buying. This will help you to become a better trader. This will help you to become profitable in option buying. We do option buying. Option buying is a very skillful game. If you want to be profitable in this , you will have to take care of small things. Right? So if you have to take care of small things then it is very important to understand what those things are and how they work. Do any of you know when exactly option buying should be done, please tell me. Every time you guys guess that let me buy the option now. Let me buy the call. Does anyone have a when is the right time to do option buying and when is the right time to do option selling? Anyone? Ok. Go high. Yes. talk about IV as well. Today I am going to give you all such a system that it will look at the system and tell you that brother, option buying has to be done now. Do n't buy options right now. There will be a clear cut system so that you never trade in confusion and your work will be very easy. So we will start. Just give me a good yes so we can start off on a good note. Are you Well, I have a framework for option buying that I call the Sniper Framework. What does sniper mean? In sniper you attack with precision. You fire with precision. Right? And the dot that is your bullet is where you want to target. You need precision even in option buying. In option buying, you need movement, you need momentum, you need everything. So that's the sniper strategy I'm going to share with you. Now what is the sniper framework? S in sniper is for set of selection. What happens next is that I have to select my setup. If I don't know which setup I want to trade, it will become very difficult to make money in option buying. N stands for news and important in option buying. And that is the most important thing. Many times you might have noticed that you bought a call, the market went up but still the premium of your call did faced such a problem? That you bought the call , there was movement also but the premium of your call did not increase. Because you do n't understand wallet. You don't understand IV. You don't understand IV percentiles. He will try to teach you and you will get a lot of clarity from it. I stand for intraday triggers. How are those intraday triggers using which your system will tell that now is the right time to do option buying. P is for position sizing and risk. What is the problem with us ? If the capital is Rs 1 lakh then the entire Rs 1 lakh is invested in that option buying. And majority of people do option buying out of compulsion because they do not have money to do ? If I ask how much is your capital? Sir, the capital is Rs 50,000. Well, I say do option selling, it requires a lot of capital. So 90% of people do option buying out of compulsion. And if you are doing anything under compulsion then the probability of your success becomes very less. If you want to buy options, you need to know when to buy options. And now we are in 2025. Now you can not only be an option buyer but you can also be an option seller. Earlier, a person was said to be an option seller. He is an option buyer. He is an equity trader. Hybrid trading will have to be done in today's time. You should also know option buying. You should also know how to sell and you should also know how to do equity trading because the mood of the markets is different. Sometimes the , sometimes they are good for selling and sometimes they are good for equities. So I am also going to tell you how to do position sizing. In option buying, exit is more important than entry. You might have noticed this many times. You took the trade, there was movement, you made money but you did not book at the right time. All of Sara's money is gone. This has happened to you people. Just let me know. Tell me a yes or no. That you captured the money, captured the move also but did not exit at the right time, so all the money was lost. It so happened that there should more energy, I will tell you more extreme things. If my energy is low, I will quickly finish the section and leave. and Reflection. Review reflection is abundant. We do trading. We are not robots. We don't remember things. If I ask you what trade did you take 3 months ago on July 12? Will you remember? I will not remember. But if you do general review reflection , if you write down your trades, your system, if you maintain it, then what will happen with it? That way you will know what is working for me and what is not working for me. So this sniper I have also made many mistakes. I have also caused a lot of damage. But only after I did Review and General, I am able to bring a system for you. Now let's talk about the sniper setup. S is for setup selection. I'm not here to teach you setup. I have not come to teach you any strategy. tomorrow. He will make money the day after tomorrow, after that he will Strategy: I will tell you a basic thing about what things you have to take care of. what should you not have? It is very important to understand. First of all, Not Everyday Is An Option Buying Day. We come to the market and call buy or put buy every day. a movement in the market. Is there movement in the market every day ? Please tell me in yes or no. The market moves every day, it does not go up or down. Ok? So will buying options every day make money? It will not be made. You need to be active. Please note the first point. Those who are writing, option buying. You cannot buy options every day. If there are 365 days in a year, then even if the market is open and running on 250 days, then out of 250 days you will hardly get 30-40 days where there are proper days for option buying. Right? So now after hearing this people will say Sir, if you trade for 30 days ? I am asking, are you making money by trading on the rest of the days as well ? Are you making money by trading the rest of the day ? You are not making it. So you need to be selective in option buying not everybody's option buying day. What is the option buying day? When there is momentum because eventually you ride the momentum. Momentum is very important in option buying. And majority of you must have noticed what is majority time market ? It happens sideways. Yes or no? The So do you know any way to identify a sideways market? Let me tell you the method. You don't have to do anything. Let me show you my chart. I'll just show you. If you do intraday then invest in 15 minutes. Write this down. If you do it intraday then invest it in 15 minutes. If you do swing trading time frame. Basically, sideways market is important for intraday. So sideways market is important for intraday. So you guys will go to 15 minutes time frame and you will have to enter two indicators. The name of the first indicator ? Just give me a thumbs up. Ok? You guys used RSI. First of all, when you come to the market, you learn RSI. And people think that by using RSI we will definitely make money. Is money made from RSI? It doesn't work. So I am with RSI. Ok? I'm teaching you something else. So what we will do in RSI is we have the RSI indicator here and we will use ADX. Do How many people know about ADX ? Ok? So all you have to do is make sure that the range of RSI should be between 40 to 65. If you want to identify a sideways market, the RSI range should be between 40 and 65. How much should it be? 40 to 65 and ADX should be below 25. These two conditions must be met. If these two conditions are met. I'll show you on the chart. RSI 40 to 65 ADX is less than 25. If these two conditions are met, it means there is a very high chance that the market is moving sideways. And at that time you do not saying that this will work 100% of the time. But if you have to identify a sideways market, 80% of the times this thing will work. If this combination of two things is working, you have to understand that I should not do option buying on that day. It is a No option buying at all because we look for momentum in option buying. Right? Now here we go. We were talking about the checklist. To avoid a sideways market, you have to fulfill these conditions. RSI is between 40 and 65, ADX is below 25. If there is no structure then what is the best thing that we have to avoid. So from S with sniper, we have seen the setup selection here. Now comes the news and volatility alignment. You must have noticed that any such event happens. Events like budget done. What happens before the budget? There is an anticipation as to what this year's budget will be like? Like, what did our Finance Minister do for our budget this time ? Income up to ₹12 lakh made tax free. Did any of you expect this decision to come? Very few people would have expected this. Majority of the people did not expect that this could happen. Right? So there is an anticipation before the budget or Fed meeting or RBI policy or elections. There was a general election last year. Everyone was saying that BJP is making a clean sweep. 400 seats are coming. This is going to happen, that is going to happen. Ah, even our exit poll was saying that BJP is going to have a clean sweep. But did this happen? It did not happen. Right? So what I am telling you, what I want you to understand is that before the news, before the event, we do an anticipation. Due to that anticipation, the volatility that occurs expands. The volatility that occurs expands. So when volatility expands, premiums also increase. You may have noticed that our premiums are very high before the budget. If you notice the premiums, see the straddle of add the money, then you will notice that before the budget or before any big event, our premiums increase due to that, we call it IV spike, IV spikes and as soon as the event gets over, which is a big secret of that event, as soon as it gets unfolded, like how the budget will be, when the when the quarterly results of the company come, as soon as that secret gets over, IV drops, when IB drops, then the premiums also fall. So you have to understand that the premium of call does not increase when the market goes up. The premium of the call also increases earlier. When it increases, the premium of the call and the premium of the put also increase. When it decreases, the premium of the call decreases and the premium of the put decreases. That is why you might have noticed that if you, for example, bought a call, the market went up. But if that happens, market went up. But if that happens, Why? Because she has fallen. So it is very important to understand that in option buying. Make vitality your friend. You don't trade price alone, you trade that. Now to understand weighting you have to understand IV and IV percentile. We have limited time, so I will tell you IV and IV percentile in short. Then I am going to give you a system which will tell you brother, buy options now. Don't buy options right now. Do option selling now. Do n't do option selling right now. You have to note that system. How many people know about IV ? Just raise your hands. What is an IV? IV is implied volatility. Its simple definition will become very complex if I go bookish. If I tell you simply, IV If I tell you simply, IV Many of you have come here today. Some people are listening, some people are using their phones. friend? Everyone says this. I watch it on YouTube. This is all nonsense. Everything Everyone will have a different mood. Some will be happy, some will be sad. There are different moods. The market also has a mood. Sometimes the market is in a rushing mood. Just 2 days ago, you ? There was a very strong pressure. Did anyone expect it? Someone? I didn't do it either. I expected it. You are very knowledgeable. This is not the session for you. Ok? Ok? If you knew, I would meet you backstage and learn from you what you want to say. Ok ? So what I mean to say is that the market has different moods. Sometimes the market goes sideways, sometimes the market So the market has different moods. IV tells us about the mood of the market, what mood the market is in right now. Is the market currently sideways? Is market trending? So IV tells you about the mood not the direction. Ivy wo not tell whether the market will go up or down. IV will tell you that a big move is about to happen in the market. Now whether it will rise or fall, you have to understand this by looking at the charts. that a big move is about to happen in the market. market is going to remain within the range for now. Right? So IV tells you about the mood of the market. Now the IV that happens is IV high. IV is low. When IV is high, our option premiums increase. Whether it's in the money, at the money, or out of the money. Option premiums increase. Well, the premium of an option consists of What all happens? Can anyone tell me ? Anyone? Yes, you tell me. Intrinsic value time. There is intrinsic value and there is time value. ? Intrinsic value increases when the market moves in your direction. market moves against your direction. Correct? How does time value increase? Can theta is dk. But can time value increase ? It will increase as it grows. ? It will increase as it grows. if the time value is ₹50 then it will be zero at expiry. That is absolutely correct. But it can be 50, 60, 70, 80 or even 90 if expansion is coming in IV. So when IV increases i.e. volatility increases, the premium also increases. And when IV decreases, volatility decreases and premium also decreases. So what does the IV percentile do ? What does IV percentile do? Any stock or index that you you can trade it in options futures and options. What does IvyStyle basically do? Current IV compares the current IV with the last 52 weeks. IV percentile compares the current IV with the IV of the last one year and tells whether the IV you are currently running is high or low in comparison to the last one year. I am repeating it again. IV percentile means that whatever is the IV of Nifty or Bank Nifty, it compares the current IV with the IV of last one year and tells whether the current IV is high, low or median. As soon as we get this knowledge, as soon as we get this information, that will help us to decide whether we want to do option buying, option selling or do nothing here. Is it sometimes necessary to sit quietly in trading? Please tell me say it loudly, yes, there is a fire inside us. I am not able to understand, brother said let's sell it. This is not to be done. You always have to understand trading. You will have to create systems and processes. People just run after strategies thinking that if this strategy works then they will make money. If that strategy works not giving you any strategy. I am giving you the system and process. Bring these systems I am not saying that you should follow this strategy. Follow that strategy. If you bring these systems and processes into your system, then you will see magic. Right? So now let us talk about IV percentile here. how to calculate IV and IV percentile? We understand that here. Ok? So we will come We understand that here. Ok? So we will come here on the chart. Ok? Have you here on the chart. Ok? Have you Sensible.com. Ok? You simply have to go to Sensible Pay and you can log in with your Gmail. You can log in through your broker. That's up to you. Ok? is no problem. You can also log in from the broker , you can log in from anyone. Once you have logged in to Sensible Pay. Ok? Where do you have to look for IV after that ? I will tell you where to look for IV personal. click on the trade icon. After clicking on the trade icon you will go to the strategy builder. Is it clear yet? Go to Sensible, log in go to Strategy Builder. After clicking on Strategy Builder, here on the side you will see the index and the stock whose IV percentile you want to see. Here you will see Nifty Bank, Nifty Fin, Nifty Sussex, everything is there, other you can look at any stock, okay, now let us I have clicked on Nifty, after that you will see an arrow button here, click on the info button, click on the arrow button and the chart will be visible, click on the info button then you will get all its data, here you will see, here it will show you the IV percentile. Will show you Add the Money Strike. will show you Add the Money IV. IV is high or low? How to know? You have to look at the IV percentile. If the IV percentile is between zero and 30. Zero to 30 is in between. This means options are cheap. When does one make money in option buying ? When the option premium is cheap. Not ₹10, ₹20, ₹30. I am not saying that. The time value in an option is very who is the biggest enemy of option buyers? is theta. So we should do option buying when we have less problem with time value. So if your IV percentile is between zero and 30, it means the options are cheap. So who will benefit? There will be a buyer. That is, if you want to buy options, when should you do it? When the IV percentile is between zero and 30. Is this clear? You have to do option buying only at the IV percentile of zero to 30. If it is 35 40 50 then if you want you can do option buying here. If you want, you can do option selling. But I have a simple rule. I do option buying only when the IV percentile is less than 30 and if it is not less than 30 then I will not do option buying at all. Now this option will not do option buying at all. Now this option will or buy a put. You will have to decide whether to buy a call or buy a put by looking at the chart. This will tell you if you want to trade in options currently. Don't do selling ? Can anyone tell me. What is the biggest advantage for sellers is theta. When the IV percentile is between zero and 30 Will you make money by selling? So do option buying then. Why sailing ? Do option buying. Ok? Now if your IV percentile is between 30 to 70. This is a neutral zone. It's your choice here. You have to buy, buy, recommend. Meaning I personally don't trade here at all. I do do selling, nor will I do buying. Mine is simple. Option buying at zero to 30 pays, with option premiums between 70 to 100 being expensive. What does 70 mean? That it What does 70 mean? That it or above, it means that this option is expensive. When the option is high. What will you do when there is more theta ? Will you buy or sell? Will do sailing. So, is this clear to you from the chart? Yes or no? Is it clear? Yes. Keep your energy high because you have a lot to learn. Are you enjoying it or Ok? When IV personal is low, it's like buying petrol before a price hit. When many people might have felt very bad. GST has been cut. Some people had left the car. A friend of mine had booked a Mercedes here. He had to pay almost ₹7 lakh extra. When the GST cut came, he would have said that if I had bought the car after September 22, I would have saved ₹7 lakh. No one knows what will happen with no news ? IV You have to understand that when IV is high that is a time to sell. When the IV is low that is time to buy. When will the End IV high and low occur? He has to refer you to IV Firstile to see you. Should I wind up this topic? Now let's move ahead. S and volatility. What comes from the eye? The eye in the sniper comes from intraday triggers. I was just talking to you. You do n't need 10 indicators. Do indicators make money? Do indicators make money? What does the name of the indicator itself mean not to tell you to buy here and sell here. Many indicators come and ask whether this is a buy signal or a sell signal? Does it make money? When the move comes, he will say bye. When the move down time comes, he will say sell it. They are useless. Indicators are only to indicate. If you need confirmation, use the indicator. need confirmation, use the indicator. This is a strategy I want to share which is simple. It's a simple deuce. Go and practice this. It is not that just because Mag Bhai said something, I deposited the money. Go practice first. go and deposit your money. When you start making money , please send sweets to my house. Should I give you my address? Please send me some sweets. Let go. Simple setup first of all my simple rule is that I will buy option only when 4th percentile is less than 30. If Iveys is less than 30, that's when I'll even look at the chart. I mean, I have a habit of being late. I am not going to I have to trade, I check it like this in the morning, what is IV percentile? If it is less than 30 then my eyes open. It is more than 30. I fall asleep comfortably. I do n't want to do any trade. It should be very easy. So option buying should be done only when the IV percentile is less than 30. Now if you talk in a month, there are market phases. Sometimes the IV of the market is very low. But for that also you will have to look at the chart. Now here the IV percentage should be less than 30. This is the first condition. If I want to buy options. And what is the system? The system strategy is very simple. If IV Personal is less than 30, I'll open the chart. I will show you an example. I will open the chart. The market will show you an example. I will open the chart. The market opens at 9:15 9:15 to 9:45. We will not do anything for the first half hour. She does market dance for the first half an hour. The market dances a little. There is movement in the market. Spikes come. The market takes time to stabilize itself a bit. Half an hour when the market becomes stable. After that the market takes its direction. So this is my 945 range lot of setups like this. That's why I am saying that it is not necessary to strategy, include how you can incorporate these IVs and IV parcels into it. You don't have to make that change. What is the habit of people, they do not day it was not made, it was withdrawn. Strategy doesn't have to be changed like clothes. No system, no strategy will work 100%. 60% 70% 80% will work. If it works then it is your risk management stop loss. What happened the day before yesterday if you did not place a stop loss ? What happened the day before yesterday when people did not place stop loss ? Everyone's shirt was torn to shreds and nothing was left. Nothing is left. Anything left? Nothing is left. Right? So 9:45 is a range breakout strategy. You will not do anything in this for the first half hour. We will mark the high and low of the 15-minute candle from 9:30 to 9:45. What to do? 9:30 to 945 will mark higher low. Will you mark this thing every day ? No. Will not mark every day. We will mark only that day when IV percentile is less than 30. If IV percentile is more than 30, on that day we will not even open the chart and see it. Did you understand? The day IV percentile is less than 30, we will open the chart here. We will let the market function for the first half an hour. We will will open the chart here. We will let the market function for the first half an hour. We will call side trade breaks low in the direction in which the market breaks high. Sell ​​side trade is a simple thing. The risk reward will be 1:2 minimum. You can do the trail if you want. But the minimum risk reward is 1:2. Because you will take 10 trades in option buying. In 10 trades, you may make money five to six times, but may not make money four times. Even after saying so much, neither will I am telling you again. People will say then why are you speaking so confidently ? Because the thing is that whatever you see on social media, that is majority of the things are fake. Am I telling the truth ? When you look at the strategy, you see, are so many views. But eventually, money is made. That's why I am telling you the reality so that you don't abuse me when you go home. I should not tolerate any more abuse. I am making sure of this. Ok? Now check here. This is the chart of Bank Nifty. The first condition here was that the IV percentile was less than 30. Then I opened the chart. I left two candles for the first half hour. This green candle marked its high and low at 930 to 9945 for half an hour. Like some of its high or low will breaking or the low breaking? Look, it is breaking. Here we will do put buy. Same here too. I was first less than 30. I won't do anything for the first half hour. This is a 15 minute chart. The higher low of the third candle will be marked. The low is breaking here too. Will market gave a good move. Now many people will say, Sir, you are showing a selective chart. There will be absolutely correct. What did I say? This thing will work 60-65% of the time. It wo But if you maintain the risk reward then it gives a very big move. Your risk here will be very low. The end reward can be quite good here. SAI P is for position sizing and risk. Now you have to understand that if you have a capital of Rs 1 lakh then you do not have to deploy the entire Rs 1 lakh. The biggest mistake we make is that there is only one capital and we put it in the entire capital state. Now see, there will be loss in option buying also. The probability of option buying is 50-60%. Many things happen against you. your probability of profit will increase a little. But still you have to make sure that whatever capital you have, you do not trade more than 15-20% of that capital at one time. Meaning if you have a capital of Rs 1 lakh then you have to use only Rs 15 to 20,000. Many people will say, Sir, what money can be made in Rs 15 to 20,000 you will not be able to become a billionaire or a millionaire in a day. You will not find anyone here who tried to become a billionaire or a millionaire. billionaire or a millionaire. If you want to make money in the stock market, you will have to be patient. If you want to make money in option buying, you will have to be patient. If you want to become a millionaire then I am telling you to get up right now, book a ticket to Goa, go to the casino and double your money, at least you will enjoy it, the capital is Rs. 10 lakh, you have to deploy only 15 to 20%, so the capital is Rs. 10,000, five bullets of Rs. 2000, lose three, learn from two, one home run, pay for all, what happens in option buying is that only one profit is enough to recover all the losses, only one profit is enough to make you profitable, what is the problem with us, the problem with us is that we do not make our money losses, making losses. In the trades where big money is going to be made, we cut them into small profits. Does this happen to you? As soon as we make a small profit, we cut it. Why do you bite? Because never seen big money. That's why I am telling you. You have to follow the stop loss. Stop loss has to be taken. You should take 10 trades as I am telling you 10 times, 10 trades as I am telling you 10 times, without any thinking, without any stress, and place your stop loss there. Stop loss is also coming in five trades back to back. If your mind is so strong, you will get rejected. If your mind remains so strong, you will see that the one trade which will give you money at 1:3:4 will cover the losses of all five trades and make you a lot of money. T is for exit strategy. This is very important. Now see what talked to you about your profit, ? Because you are not used to seeing profits. If I tell you that if you reduce your loss on that trade, will you be comfortable lossless, will you be comfortable in holding that trade? Yes or no? When taking a trade, if the stop loss is Rs 5,000 and the target is Rs 15,000, then this is what comes to mind. is made, the thought comes to mind that it might reverse. Because past reversed many times. So what we have to do is that whatever our rest word is 1:2, 1:3, as soon as we get 1:1, that is, if the stop loss is Rs 5000, we will get a profit of Rs 5000, we will take our trade there at cost and eliminate the loss in our trade. From today onwards, you have to incorporate this rule into your trading system. Will you guys put this in ? Have to put it. You understand. What is the worst case scenario if you eliminate your losses from your trade ? Nothing will happen in a bad case. But We never get to catch the best kiss because we have opened those loss options. So sometimes it also happens that the market reverses just close to the target. You would rather sell at a complete loss than at no loss or a small profit. Does this happen to you? So do n't do that work. Always remember first of all the exit strategy is that as soon as you get 1:1 you have to book 50% and bring your stop loss to cost. Now So in option buying, it is not like that you wait for the movement to come. No, the increase by Rs 200. Right now the premium will increase by Rs 300. No, you took the trade, momentum came. Where even if the momentum is halting even a little for 10-15 minutes. Cut the trade. You ca n't catch the top and bottom. There is a top and a bottom, can you catch it can you catch? Anyone have a strategy to catch top bottom? Again, there is no session for those who have a strategy. I will learn the best from him. Ok? Who knows the second one? To a liar. No one knows top and bottom. Ok? So Momentum stalls a bit too. Do n't think there that friend, whatever is made, take it and leave. Because if you wait, what you made because option buying is all about momentum. Premium one speed. Premium heats up. One picks up speed. As the speed slows down, the premium also falls at a very fast speed. Did you notice this? Ok? So this should be Profit booking should be emotionless. Profit booking should be emotionless. I know, sometimes I do n't feel like booking profit because I made only this much. I waited only this much. makes money very easily. Many times you struggle in the market. You fight, you struggle. After that the market makes some money for you. Profit booking should be emotionless. You will have to create a proper system for this. And you can use this system. discipline, not greed. If you are exiting, focus on the next opportunity. What we think is that once you take a trade, marry that person. Now there is bound to be money to be made in this because it all comes down to ego. If I do n't make money from this trade then I will not exit. And what happens because of this stubbornness? You suffer a lot of loss. So we have discussed the exit strategy here. R is for review on reflection. This is a lot. The R in sniper is very important. Look, it Majority of you must have heard about General Karo Trades. General Karo Trades. What does General mean ? I am telling you simply. Take a copy pen or if it is the age of tech these days then write in an Excel sheet that brother, what am I trading? I am buying, I am What is my entry price? What is exit price? What is the holding period for my trade? What is the logic of my trade? At the end, write a review section asking whether I followed my plan? Did I not follow my plan? If you did not follow the plan, then maintain the reason for not following the plan and take out 15 to 20 minutes in a week and where did I make a mistake, what do I need to improve, for example, I traded for a long time, 1 year, 6 months, 8 months, generally, then an insight came to my mind that whenever I carry a position on Friday, I make losses, so what did I do, I will say that money is made by carrying overnight trades on Friday. Many times I even made money. But I wrote that rule in my system. It has been 8 years for me. I have I do not carry my positions on Fridays. No matter how good the opportunity is, In the short term, you may feel that there is a lot of loss. But in the long term you can make a lot of money here. So we have discussed the sniper. Now the question is, let us price to buy. There will be a lot of different traders. How much are scalpers? Please give me a hand rescue. How many people do scalping? Okay, a scalper, you want to know the strike price, then I am buying an option, let's understand that if the Which strike price to buy ? Because in scalping your holding period is very less. So you can add the money or do a strike in money means that let's say Nifty is trading at 25,000. If points? It is worth 50 points. So either market will go up. According to the charts, the market will go up. Currently, meat is available in percentile condition. So what will you do? Here you will buy a call of Rs 25,000 or buy a call of Rs 24,950. Is it clear? If you are a scalper. Is it Is it clear? If you are a scalper. Is it clear? If you do intraday. How many intraday. Raise your hands. Move your hands up and down a little, otherwise you will fall asleep. Right? So if you do intraday, you will take one to two strikes in the money. That means if Nifty is at 25,000 then we will call buy at 24,900 or 24,950. And if you're swing trading, five to strike five to seven strikes in what does it mean? That is if you have to hold the trade for more than a day. , 10 days. So I would recommend that if you have to hold the trade for more than 7 days. not do weekly expiry. Take monthly expiry so that you give the market a chance to take its time. Secondly, strikes should always be deep in the money. Many people but you have to understand that more money is important. Why take in the money? money is like lottery tickets. Premiums are cheap but the probability of running is low. If you take it in the money then the probability is high. If you catch the direction, you will get your full move money. Ok ? These are all the points. If you want, you can little time. So these are very basic points. You can take a screenshot of this. We will move forward. There are some more important points. And then we will conclude. Took it? Let's move ahead. The Magic of Time Stop Loss. Stop loss has to be placed on the premium. Another thing is abundance. That is time stop loss. after taking the trade, if there is no movement in the market, then what do we do ? Get stuck. So what do you have to do ? Time stop loss has to be applied. Time long. If there is no move within this time , whether there is profit or loss, I will cut my trade. So simply you have to understand that you also have to place a time stop loss. Now there will be different types of traders. What time stop taking trades for 5 to 10 minutes. There was no movement even within 10 minutes. We will exit the trade. Be it profit or loss. If we are doing 1 hour since I held the trade. There is no movement yet. There may be Time stop loss is very important. If you follow the time stop loss then Theta will never follow you. We have already this phenomenon of time stop loss is very important. If you are trading in swing trading and have bought an option, if there is no movement for one or two days, then cut the trade and you will get a chance to re-enter, re-enter again but you do not have to hold that trade. Right? Now here at last we talk about when to exit a winning trade. First of all you have to exit at 1:1. You have to trail the stop loss. If the momentum is lost then it becomes tall, we have discussed all this here. we drove a little faster. But I hope you got the value. If you have got the value then clap loudly. [Applause] And finally, I want to say this, this is a person suffers a loss, he is still fallen. If the markets also fall, then sometimes a person gets a little demotivated. So there is a small line that my mother wrote that the real glory is to get up after falling. The real pride is to get up after falling. Sometimes defeat, sometimes victory. This is the message of success. Thank you very much guys. [Appreciation] and understood how to use the complete sniper framework manage risk in option bank tips and tricks. If you liked the I will meet you in the next video till then. Stay safe. Have a good day. in the next video till then. Stay safe. Have a good day. Love you all.