From Mobile Wholesaler to Options Trader

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In our new series of Face2Face Emerge, we have with us our rocking host Mr. Vivek Bajaj, co-founder of StockEdge and Elearnmarkets, in conversation with Mr. Hitesh Sheoran. In this series, we will bring you people from the finance industry with a story to tell. They are young, dynamic and prosperous in this industry, bringing you their experience. It will help you take a step forward in your financial journey after looking at people coming from different walks of life. 

In this Face2Face video,  Mr. Hitesh Sheoran will talk about his journey and give some lessons for options traders that will benefit them in their trading journey. In addition, Mr. Hitesh Sheoran will discuss how he became an options trader from a mobile wholesaler, which will be helpful for people who are struggling in their journey.

Mr Hitesh Sheoran discusses NIFTY Intraday Rules Based Options Selling which involves selling 3 straddles for the highest Theta Decay and buying 3 Strangles Equidistant from ATM for safety and margin benefit. Purchasing calls and put options on the same underlying asset with the same strike price and the expiration date is known as an options straddle. Regardless of whether the price goes up or down, the straddle enables the investor to profit from significant price movements in either direction.

Purchasing both a call option and a put option with the same expiration date but different strike prices is known as options strangle. The goal of a strangle is to make money from a significant price movement, whether it be in an upward or downward direction. Watch this video till the end to know the basic principles of profitable NIFTY Intraday Rules Based Options Selling and how he profited from this strategy!

Mr. Hitesh Sheoran in Face2Face

Your Speaker

Mr. Hitesh Sheoran

Hitesh Sheoran is a 26-year-old full-time trader, and he also has his mobile accessories wholesale and retail business. He dropped out from his college due to personal reasons, and in the search of more income even after his business was running smoothly, he landed in the share market after his supplier introduced him to the same. He is in the market since 2018.
Mr. Vivek Bajaj

Your Host

Vivek Bajaj