Smart Stock Option

1.1 The RA agrees to provide research-based stock options trade recommendations under the product titled “Smart Stock Option Strategies.


1.2 The service is offered strictly on a subscription basis for:

  • 10 (Ten) trade recommendations
  • Maximum of 2 (Two) active trade setups at any point in time

1.3 All recommendations shall be non-discretionary, and the Client shall independently decide whether or not to act on them.


1.4 The RA shall not:

  • Execute trades on behalf of the Client
  • Manage Client funds or securities
  • Provide portfolio management services
  • Offer assured or guaranteed returns

    2.1 This service follows a Client Self-Trading Model, wherein:

    • Trade ideas are communicated by the RA
    • Execution is solely carried out by the Client through their own trading account

    2.2 The Client retains full control, discretion, and responsibility over trade execution, position sizing, and capital deployment.


    3.1 Recommendations are limited to:

    • Equity Stock Options
    • Monthly expiry contracts
    • Options buying strategies only


    3.2 Trade structure might be as follows :


    Overview: What Strategy Is This?

    The attached table represents a long straddle–type stock option strategy implemented on Dalmia Bharat, dated 20 Jan 2026, using monthly expiry options (27 Jan 2026).


    The strategy involves:

    • Buying a Call Option (CE)
    • Buying a Put Option (PE)

    on the same stock and same expiry, but at different strikes, to benefit from a strong directional move in either direction.


    This is a volatility-driven strategy, suitable when a sharp price movement is expected.


    Structure of the Strategy

    1.️ Call Option Leg (Upside Exposure)

    • Instrument: Dalmia Bharat 2280 CE (27 Jan 2026)
    • CMP (Option Premium): ₹16
    • Buy Price: ₹16
    • Lot Size: 325
    • Capital Deployed: ₹5,200
    • Stop Loss: ₹9
    • Target Price: ₹53

    Intent:
    This leg benefits if the stock moves sharply upward, leading to rapid expansion in call option premium.


    2.️ Put Option Leg (Downside Exposure)

    • Instrument: Dalmia Bharat 2160 PE (27 Jan 2026)
    • CMP (Option Premium): ₹30
    • Buy Price: ₹30
    • Lot Size: 325
    • Capital Deployed: ₹9,750
    • Stop Loss: ₹17
    • Target Price: ₹53

    Intent:
    This leg benefits if the stock falls sharply, increasing the value of the put option.


    Total Capital & Exposure

    • Total Capital Deployed ₹ 14,950
    • Strategy Type: Long volatlity/ Directional breakout
    • Maximum Risk: Limited to premium paid (subject to stop-loss discipline)

    How Profit Is Expected


    Scenario 1: Strong Upward Move

    • Call option hits target
    • Put option hits stop-loss
    • Net profit estimated: ~₹7,800
    • Return on deployed capital: ~52.2%

    Scenario 2: Strong Downward Move

    • Put option hits target
    • Call option hits stop-loss
    • Net profit estimated: ~₹5,200
    • Return on deployed capital: ~34.8%

    This asymmetric payoff is typical of option buying strategies, where one leg compensates for the loss in the other.


    Why This Strategy Is Used

    This strategy is deployed when high volatility or a sharp price move is anticipated, but direction is uncertain


    Suitable around:

    • Corporate events
    • Earnings
    • Breakout from consolidation
    • Sector-specific triggers

    The trader is long volatility, not betting on direction but on magnitude of move.


    Key Risks (Very Important)

    From a professional risk lens:

    • If the stock remains range-bound, both options lose value due to time decay
    • Volatility compression can erode premiums even if price moves slowly
    • Partial execution risk (one leg triggers, other doesn’t)
    • Slippage and liquidity risk near stop-loss or target levels

    Worst-case outcome (without stop-loss discipline):


    👉Loss of entire premium paid

    3.3 Indicative capital per trade may be communicated for illustration purposes only and does not constitute a mandate.

    4.1 The Client understands and acknowledges that:

    • Options trading is high-risk and volatile
    • There exists a possibility of loss up to 100% of capital deployed
    • Past performance is not indicative of future results

    4.2 The Client further acknowledges risks including but not limited to:


    • Partial execution risk
    • Liquidity and slippage risk
    • Market gaps and volatility compression
    • Situations where stop-loss or target may not be executed at desired levels


    4.3 The Client confirms that they possess:

    • Adequate knowledge of derivatives markets
    • Financial ability to absorb potential losses
    • Independent judgment to assess suitability of recommendations

    5.1 The Client explicitly understands that:


    • The RA does not provide any assurance, promise, or guarantee of returns
    • The term “Smart” used in the product name is descriptive only

    5.2 The RA shall not be held responsible for:


    • Trading losses
    • Missed opportunities
    • Client’s execution decisions
    • Capital variation or selective participation by the Client

    6.1 The Client agrees to pay a fixed subscription fee for the service..


    6.2 Fees may be paid via:


    6.3 All fees are:

    • Non-refundable
    • Subject to applicable GST
    • Invoiced to the Client’s registered email address

    6.4 The Client agrees that subscription fees shall be paid from the Client’s own bank account or payment instrument. The Research Analyst reserves the right to seek clarification or discontinue services in case of third-party payments.

7.1 Trade recommendations shall be communicated via:


  • A private Telegram group or other officially notified digital medium

7.2 No communication outside the officially designated channel shall be considered valid.

    8.1 This Agreement shall remain valid until:


    • Completion of 10 trade recommendations, or
    • Termination as per Clause 8.2

    8.2 The RA reserves the right to terminate the subscription without refund in case of:

    • Misuse of information
    • Sharing or redistribution of advisory content
    • Violation of regulatory or contractual terms

    9.1 All research, trade ideas, and communication are:


    • Confidential
    • Intended solely for the subscribed Client

    9.2 The Client shall not reproduce, distribute, or forward the advisory content to any third party.

    10.1 The RA confirms compliance with:

    • SEBI (Research Analysts) Regulations, 2014
    • Applicable SEBI circulars and guidelines

    10.2 This Agreement shall be governed by:

    • Laws of India
    • Jurisdiction of courts as applicable under SEBI regulations

    By subscribing to the service, the Client confirms that they have:


    • Read and understood this Agreement
    • Understood all risk disclosures
    • Evaluated the service suitability independently
    • Agreed to the self-trading advisory model
    • Accepted that subscription fees are non-refundable.

Broad agreement between advisor sharadmishra.com and subscriber for smart stock Option Strategies retail services :

  • Who can subscribe Smart Stock Option Strategies?
  • All non- individual entities like proprietorship, partnership firms, HUF’s etc who are exposed to mutual fund and stock investments can trade option strategies through their trading mobile application or their equity dealers. Besides, individuals with necessary capital of 5 lakhs or more with necessary understanding and risk appetite for options trading can also subscribe.

  • What is the objective of Smart Stock Option Strategies?
  • Sharadmishra.com is a paid and private Telegram channel for Stock options monthly expiry strategies without selling options to keep per trade capital <= 50K while max 3 trades are advised at a time; maximum 15 trade setups are advised in a month. However, there is no commitment, guarantee to deliver returns and ensure capital protection. "Smart Option" name does not commit, guarantee to deliver returns and ensure capital protection.

  • How much capital can be traded in Smart Stock Option Strategies?
  • On an average Rs 50K is needed for each trade execution thus trader has to keep capital of 1.5 lakhs for 3 active trade excluding capital for mark to market losses. Find below an example of advised spread in Stock Options monthly expiry


    For few profitable trades in sequence, retail individual trader tends to increase his capital with each trade while for few loss-making trades in sequence, trader tends to decrease its capital with each trade or skips taking the trades. It is a common predictable behaviour. Sharadmishra.com will not be held responsible for losses due to capital variation in trades.

  • What is the risk-reward in advised trades in Smart Stock Option Strategies?
  • Each trade is advised with best intent with a usual risk reward of 1:2.5 which might vary based on merit of the trade setup.
    However, in stock option buying there is a probability of potential gain to multiply capital manifold in a given month but there is also potential risk of loss of 100% of capital; thus, clients must invest their capital citing potential loss of 100% of capital.
    However , there is a potential risk that buying of all / any advised lots in any one leg of CE/PE is not executed and other leg hit its stop loss. In few cases while the stop loss of 1 leg is hit and other leg doesn’t hit its target. These are practical cases where the trade might get exited in loss.

  • How many trades are advised in a month in Smart Stock Option Strategies?
  • Maximum 15 trade setups are advised in a month. Buy price, target price and stop loss price are advised in advance so that price triggers can be placed comfortably.
    In case of target achievement in morning trade, a new trade setup may/may not be advised during the day. In case of stop loss triggered in morning trade, a new trade setup will be advised during the day to recover the loss in the morning trade.
    In case of no target or stop loss triggered in morning trade due to squeezed volatility in prices, the trade will be rolled over for next day.
    There might be days where due to unforeseen reasons like delayed Bhav Copy uploaded on NSE, the derivatives analytics will not be prepared in advance. Next day there might be no morning trade setup or any trade setup shared during the day.

  • What is the advisory fees in Smart Stock Option Strategies?
  • Fixed fees model with option to pay for monthly and fortnightly subscription and monthly/quarterly/half yearly/ annual payment mode as per requirement of the subscriber.
    The only payment mode is through website wherein CC Avenue payment gateway enables payment through Credit Cards, Debit Cards, Wallets, Net Banking and UPI’s like Paytm, google pay etc. However, on client comfort and convenience, payment can be taken in sharadmishra.com CA through UPI mode.
    Payment receipt with GST details will be received on client's email id

  • Free trial and fees refund policy for Smart Stock Option Strategies?
  • As per regulatory guidelines there is no free trial. Sharadmishra.com reserves the right to provide trail to selective prospective clients based on merit.
    “Client Agreement” is well mentioned in the subscription section which explains advisory Terms & Conditions and “balance between capital safety, income generation and capital growth” which is an integral part of options trading and explains the objectives, discipline and risk involved in options trading.
    It is well understood and accepted that subscriber has understood and accepted the “Client Agreement” and “balance between capital safety, income generation and capital growth” before subscription.
    Subscription of option services is a non-refundable process.

  • What is the mode of communication of trading messages / customer service contact for Smart Stock Option Strategies?
  • Post payment Client will be added to a dedicated telegram group “sharadmishra.com” with ownership of sharadmishra.com, mobile number 9820209987. Client will be supported by LIVE chat on telegram app of 9820209987. No other mode of communication shall be valid.

  • Subscription process for Smart Stock Option Strategies?
  • It is understood that client has read and understood “Terms & Conditions”, Disclosures, Disclaimer mentioned on website and read and understood detailed FAQs provided on website and “balance between capital safety, income generation and capital growth” mentioned on subscription section on website. These details form an integral part of options trading and explain the objectives, discipline and risk involved in options trading.
    It is understood that before payment client has read and understood these details in English/Hindi/ preferred language.
    It is understood that Client has paid through website sharadmishra.com wherein CC Avenue payment gateway enables payment through Credit Cards, Debit Cards, Wallets, Net Banking and UPI’s like Paytm, google pay etc or has paid through sharadmishra.com CA through UPI mode.

10 Trading Strategies

₹ 99,900

Including GST

30 Trading Strategies

₹ 2,99,700

Including GST

60 Trading Strategies

₹ 5,99,400

Including GST

120 Trading Strategies

₹ 11,98,800

Including GST

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