Let the Wealth Chase You Program Details:
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Program Launch Date: 14-Nov-2020
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Program enables financial independence journeys for IT Engineers using Options Strategies that will be explained to program members under Live market scenarios.
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Options trading business is business of 21st Century as it holds more than 50% trading volume in financial markets
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Business can trigger huge gains for an IT Engineer once he understands the basics and how Options market works.
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To start Options trading business all any IT Engineer need to have a trading account with any Indian Brokerage house. And if he don’t have an account, NGA will help him in opening up the same free of cost.
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Program not only teaches IT Engineers about Options trading but also enables them to do trading in live markets which no other training program can promise in the history of financial market training by any institute.
How Wealth Journey accomplished ?​
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Program let IT Engineers start trading in live markets as suggested by NGA within the 1st week of joining the program. This will ensure earning get started at earliest along with learning
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Every trade position will be explained under Live market scenarios why this position was created and what will be the earning potential even before entering the position.
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Over a period of time, IT Engineers start holding the trading concepts and NGA makes sure every IT Engineer who registers for the program is able to execute trades independently in future.
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Since the program targeted working professionals so regular monitoring of trade positions might not be required during market hours.
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Every trade position is going to have significant hedging involved that protect for any losses due to irrational market movements.
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Trade Markets targeted: National Stock Exchange (NSE), India
Program Eligibility Criteria
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Active trading account with any brokerage house
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Minimum IT Experience 5 Years in any role
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Working Capital 2.5 Lakhs to be maintained in own trading account
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Willingness to learn Capital markets
Program Fees
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Program Fees : 50000 INR
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Launching Fees: 25000 INR (50% Discount)- Initial 10000 INR Registration Deposit, Rest fees from Trade Profits
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Live Trading support till 25000 INR profits get generated from the trades
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Effective Program Fees: 0 INR
Program Benefits
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Learn lifetime risk free from trading
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Generate regular profits from the initiated trades
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Life time support from NGA for any doubts while trading
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No impact of recession like Corona Virus or any other in future
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Not require any major technical knowledge other than using Computer having the internet.
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Lifetime access to in house software developed by NGA for better trade decisions.
Some information about Options:
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What are Options: Calls and Puts?
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An option is a derivative, a contract that gives the buyer the right, but not the obligation, to buy or sell the underlying asset by a certain date (expiration date) at a specified price (strike price). There are two types of options: calls and puts. US options can be exercised at any time prior to their expiration. European options can only be exercised on the expiration date. Indian Options work like US options and can be exercised at any time prior to their expiration.
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To enter into an option contract, the buyer must pay an option premium. The two most common types of options are calls and puts:
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1. Call options
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Calls give the buyer the right, but not the obligation, to buy the underlying asset at the strike price specified in the option contract. Investors buy calls when they believe the price of the underlying asset will increase and sell calls if they believe it will decrease.
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Buying Call Options
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The buyer of a call option pays the option premium in full at the time of entering the contract. Afterward, the buyer enjoys a potential profit should the market move in his favor. There is no possibility of the option generating any further loss beyond the purchase price. This is one of the most attractive features of buying options. For a limited investment, the buyer secures unlimited profit potential with a known and strictly limited potential loss.
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If the spot price of the underlying asset does not rise above the option strike price prior to the option’s expiration, then the investor loses the amount they paid for the option. However, if the price of the underlying asset does exceed the strike price, then the call buyer makes a profit. The amount of profit is the difference between the market price and the option’s strike price, multiplied by the incremental value of the underlying asset, minus the price paid for the option.
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2. Put options
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Puts give the buyer the right, but not the obligation, to sell the underlying asset at the strike price specified in the contract. The writer (seller) of the put option is obligated to buy the asset if the put buyer exercises their option. Investors buy puts when they believe the price of the underlying asset will decrease and sell puts if they believe it will increase.
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The writer of the put is “out-of-the-money” if the spot price of the underlying asset is below the strike price of the contract. Their loss is equal to the put option buyer’s profit. If the spot price remains above the strike price of the contract, the option expires un-exercised and the writer pockets the option premium.
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