How a PSU Banker is making money every week by trading options

YOUR SPEAKER

Mr. Om Kumar Mishra

Mr. Om Kumar Mishra aged 38 Years born and brought up in a small village named Jamuka in the district of Sahjahanpur Uttar Pradesh and currently living in Lucknow. He completed his education in his hometown and after that, in the year 2001, he joined the Indian Air Force as a Technical Tradesman to serve our nation as well as to earn for his bread and butter. In the year 2016, he took voluntary retirement from Air Force and joined PSU bank as a Clerk. The stock market was his hobby since his initial days in Air Force but due to lack of time as well as knowledge, he was unable to involve himself in it. In the year 2017, he accomplished NCFM, BCSM & BCDE certificates and started trading part-time along with his full-time bank job, and further in March 2020, he started Weekly Option Writing in Bank Nifty Index. Started with a small capital, his net worth rose to multifold by maintaining a consistent profit and reducing forfeitures.


IN CONVERSATION WITH

Mr. Vivek Bajaj

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.


About this Face2Face:

In this new series, we will bring you people from the finance industry who have a story to tell. They are young and dynamic, and prospering in this industry bringing you their experience. It will help you to take a step forward in your financial journey while looking at people who are coming from different walks of life. 

 

In our video of Face2Face Emerge, we have with us our rocking host Mr. Vivek Bajaj, co-founder of StockEdge and Elearnmarkets, in conversation with Mr. Om Kumar.

 

In this video, our guest speaker will talk about trading in options, who has years of experience in this domain. The presentation starts from options writing, which will provide a background to our topic. 

 

He suggests that trading psychology is a must for any trader who wants to learn the techniques and earn money as an income. There are several factors that need to be considered while investing in stocks or when to put them on hold. When to buy or sell a call and put is another significant factor that needs to be mastered. 

 

This video has a live demonstration and calculations in a trading view and a discussion of the relevant candles that need to be considered before taking any action. Bank nifty is also explained in the context of trading. 

 

A stock market is a place where you make some money and lose some, but it is necessary to know how to recover after a loss. This video will show you how a PSU banker makes money every week by trading options.