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As per latest reports, 20% retail traders stopped trading options trading in last 1 year. Obviously, all these 20% traders might be in loss only and now definitely they will be missing out on something which could have become a great wealth generating machine. Biggest reason why a retail trader loses in options is because the expectations are so unreal. If you are able to make just 2% per month on your capital, that gives us 24% year. And by rule of 72, you are doubling your money every 3 years. If you trade with patience and disciplined manner, this 24% is definitely definitely possible. And that would also mean that you are able to beat all other investments like real estate or even mutual funds. Imagine you have purchased a flat and you are able to generate another flat from that flat within 3 years. Welcome to another video by The Options School. This is your friend, Pradeep Singla. You can join our YouTube WhatsApp community. Link is given in the description. We provide you pre-market report every morning. How to generate 1 lakh rupees per month consistently in options, we have already talked about that that okay, we need to have three to four buckets of 10 lakhs each and each bucket can give me 20-30,000 rupees and most of the time we are able to generate this. In this series, we have already shown you first bucket of 10 lakh rupees where we generated 30,000 rupees. In today's video, I'm going to show you another great strategy. I think one of the best strategies for all working professionals or even full-time traders. And all of you know the name of the strategy and you need to write it in the comment section which strategy I'm talking about. I'll show you adjustments also and I am showing you these strategies again and again again and again for different months where even when market is volatile, still these strategies are able to generate good returns for us. Let us now go to backtesting software. I am on 4th May. 4th May is the first trading day for the May month and I can say this is my second bucket of 10 lakh rupees. First bucket of 10 lakh rupees I've already shown you in one video. If you have not seen that video, you can see the link on the top right corner. So, I am at morning 9:30 and I will go for 26th May. 26th May, I will start something call and put which are at-the-money. At-the-money, I need to have almost similar premium there. So, I'm selecting this uh 24,300 call sell and I am selling 24,000 300 put also. I have received a credit of roughly around 800 points, but I will not go 800 points below that. Maybe I will buy something like let's say 23,600 on put side and maybe something like 24,900. I will balance the trade once I am seeing the pay-off diagram. So, if I see this, now in this case, my put side difference of buying is slightly higher. So, what I will do, I will make it more safe by bringing my purchase put up. So, instead of buying 3,600, maybe I will go to 23,657. Now, this trade is very much balanced. My maximum loss is 9,639. I can still reduce the loss. So, again, I will go to 23,000 maybe 800 put side and similarly on call side also, I'll bring it down 24,800. Let me revise the trade for you. I have sold 24,300 put. I have sold 24,300 call, which is both as good as at-the-money. I purchased 23,800 put, which is around 500 points below the sold put and I have purchased 24,800 call, which is 500 points above the sold call. So, this completes our strategy. Our maximum loss in one lot is 6,786. It is requiring around 1.25 lakhs and suppose I have 10 lakh rupees, so what I will do, I will do it in let's say seven lots. I will keep some money so that in case VIX increases, I would be definitely requiring extra margin. And we will see how the trade pans out. At what level we are required to do adjust. For better reach and visibility, request all of you to kindly click on the like button and subscribe to the channel. All your likes and subscriptions are extremely valuable to us. Thanks in advance. Let us now move ahead and see what happens to this trade. I am expecting only 2-3% returns here. So, for 10 lakh rupees portfolio, my 3% return would be 30,000 rupees. My 2% return would be 20,000 rupees. It is not that always I will be able to make 30,000-20,000 rupees. But, best thing is by doing proper adjustments, there should not be a loss. There can be months when I can make more money. There can be months when I will make less money. But, as long as I am positive, as long as I am making profit, it is perfectly okay for me. As popularly said, lower profits will never make you bankrupt. Profit is profit. So, let us move ahead and see what happens to this trade. Next day, a slight fall in the market. Okay, no issue with that. We will wait for some time to do any kind of adjustment because this is a monthly trade. We are on 5th May only and expiry is on 26th May. Next day, okay, there is a little bit of recovery. We are making small profit in that trade. Nothing to be done as of now. So, this is the biggest advantage. Now, which strategy is for working professional, which strategy is not for working professional? I will say the strategy which requires hardly two or three adjustments in a month can be definitely done by a working professional also. But, the strategy which needs, okay, daily adjustments, definitely that strategy needs a person who is a full-time trader. Let us move ahead and see what happens. Oh, perfectly okay, no issue. In case market goes up, we will do some adjustment. In case market goes down to red area, we will do some adjustment. Meanwhile, if market for some time remains in the range, we are definitely seeing that, okay, blue line is coming up, which is a very positive sign for the trade. Next day, again nothing is happening. Already we are making some 4,000 rupees. Next day, now market has started tanking down a bit, but still, if I see my blue line, it is still showing me that, okay, I need not do any adjustment. Already it is 11th May. 6,000 rupees is the profit. 23905 is my lower break even point. Market is already at 23,954. 23,905 is my lower break even point as per expiry payoff diagram. As per blue line, I still have more than 100 points leeway. Next day, okay, now market has gone down. It even my blue line break even has breached. Definitely, it is the time to do adjustment. If I see on my sold call side, because market has gone down, now this is the time I should do something with my sold So, what I will do, I will I will square off these calls. It has already given me good profit. I'll just book this profit on call side. Again, I'll go to option chain and I can sell definitely 24,100 calls. Now, this is not solving my problem in case market is going down. This is still giving me slightly tough time. So, maybe I can bring it further down to 24,000. Okay. Now, if market tanks down, I am not much bothered because my maximum loss on downside is 7,000 only. You can definitely say, "Sir, on upside, it's a huge loss." Which is okay, but that upside break even is 24,484. Market is already 23,637. And as soon as market crosses 24,000, we will definitely take care of our upside also. Right now, if you do something to upside, definitely it will be giving unnecessarily premium to the market. Let's move on and see what happens next. Okay, market has still gone down, which is perfectly okay. If you see my 24,000 call which I have sold has again gone down in delta minus 1.75 for seven lots. As soon as this delta comes closer to 0.2, we should definitely adjust. So, I will again book my profit and maybe I'll bring it down by another 100 points. So, now I will sell around 23,900 call. As soon as I do it, on downside, there is no risk at all. Definitely, there is a little risk on the upside, but that requires the market to give a very, very big move. My upper side break even point is 24,413 and market is 23,367. If I'm really worried about this thing, you can add some buying at 24,400 levels, which is a weekly buying. As and when we get a right opportunity to do adjustment on the upside, we will definitely do that. You should not be worried about any calculated risk. You should be worried about blind risk. And if we are really bothered too much about this, so what we can do we can bring this call also down, which is a purchase call in 21 rupees. I will just square it off and I will bring it as of now to 24,600, just shifting by 100 points. Giving another rupees to the market. This has reduced my upside loss and this has reduced my downside profit also, which is perfectly okay, right? Let us move forward. Let's see what happens in this trade. Okay, not much of a move, which is okay. Next, see blue line. Even if market comes here, blue line will give me an opportunity to book better profits. As of now, nothing is happening. Let us move ahead. Okay. Now, this blue line is giving me 7,370 profit. Although, if we see otherwise, there should not be much of a profit. Let's move ahead. Okay, now I'm making some 8,000 rupees profit. I'm okay with that. Next, okay, now it is giving me some 11,000 rupees profit. But, my sold call has now become almost 20 delta. How I'm calculating this? So, it is showing me 1.47. So, if I divide it by seven, 1.4 gives me 20. So, as of now, it's almost 20 delta. Maybe I'll wait for another day. If it falls below 20 delta, I will again shift my call downside. As of now, it's okay. No issue. So, we are already on 21st of May. Now, this is a good opportunity for me to square off this 24,600 call and bring it down. So, there is a right time for doing an adjustment. So, I brought it down by another 100 points and I am totally relying on my blue line. If market falls, I will definitely bring my sold call further down. As of now, I'm still making good 1.6% in the trade. Let's see next day. We're making 15,000 rupees, almost 2% in the trade next day. Oh, I'm making a good 3.4%. This is the point where we should definitely definitely close our trade. And even if we are not closing our trade, we should now ensure that okay, we are plugging all the holes in the trade. So, I will close my 24,500 purchased call and try to bring it at let us say 24,400. All right, now whatever happens, I'm not going to lose more than 2,900 rupees in the trade. If I am thinking that okay, market can fall or go up, I can bring this down by another 50 points. If you see, this will create a huge positive bias on the upside. Blue line is saying that okay, I I am still safe up to 23,460. Market is 23,979. So, I'm not worried about the blue line also. I'm already making 26,000 rupees in the trade. And if I keep it at 24,400, then my maximum loss is 2,900 only. And whatever happens, I can still make good money. What is the money I'm making at here? At this point, I will be making around 42,000 rupees if market remains between 23,808 to 24,393. Remember, we are entering almost the end of the series. So, I will try to take my chances and I'll say, "Okay, let me do this." Just by 50 points, I'm giving another 3-4 rupees. Let me see what happens on end of day. I'm making a neat and clean 34,000 rupees in the trade. Nothing to worry much about expiry. I can definitely close this trade at this point in time. But in case we we go to expiry, let us see what happens next day. 36,000 rupees we are making. Although it doesn't make any sense to continue this trade, but let us say see what happens at end of day. 41,000 rupees. Although my sold put is still in the money, my purchased put has given me complete loss, but still I am able to make 41,000 rupees in this trade with the required margin of rough 10 to 11 lakh rupees. This is a magic of disciplined trading with hedge strategies and proper right time adjustments. All the final steps of these kind of trades, these kind of adjustments, and profit locking we have explained in our courses. We have three courses, iron butterfly, iron condor, and double calendar spread. Just don't go by the name. We have adopted a standard name, but they are very good monthly income generating machines. Wherein we have shown you 12 months of back testing and given you a complete framework of entry, adjustment, exit, and locking the profit. For joining these courses, you can contact the numbers given on the screen. In addition to that, we have three memberships, silver membership, toss insights, and toss premium membership where we give you exclusive videos on YouTube. You can join those memberships, also. Another video which you will definitely definitely like, I'm leaving you with that. Do not forget to subscribe to the channel and like the video. See you in the next video. Thank you.