Day: November 24, 2021

Nov21-W3: The unnecessary ‘other charges’ add to cost

I was deploying the usual trading strategy, and therefore, I had to take the hit. There are times when the usual doesn’t work. This was one of the weeks. Though Nifty was in downtrend, nothing is ever linear in stock market (except the crash of March 2020). I got fooled by the turn again and had to take hit on Monday. I tried to minimize damage by deploying mean reversion style as market was going up, but I was travelling and was not able to micromanage. So I ended up with a loss of around Rs. 2100.

The bigger loss though is attributed to Zerodha / NSE / SEBI or whoever is accountable for creating and playing with margin requirements. I know that margin requirement changes through the day depending on volatility. However, I believe it is completely unfair to change margin requirements after 1530 hours. How am I supposed to adjust positions to meet margin after close of trading hours? It is a loot and it seems no one wants to do anything about it.

So I was navigating through the following trades…

Here are the results:

Net Profit (after deducting brokerage)Capital deployed (approx)Week’s ROIAnnualized ROI for this weekTotal no. of weeks traded till todayAnnualized  return till today
Rs. 7977.87Rs. 9777820.81%52.59%2344.82%

The following is breakdown of week’s positions:

DISCLAIMER: I am not a SEBI registered adviser. All the information provided on this website is for educational / informational purposes only and should not be taken as investment advice.

Nov21-W2: The usual

I deployed my usual sell strangle strategy and the positions kept giving expected profits through the week.

I was trading through following 4 candles

Here are the results:

Net Profit (after deducting brokerage)Capital deployed (approx)Week’s ROIAnnualized ROI for this weekTotal no. of weeks traded till todayAnnualized  return till today
Rs. 7977.87Rs. 9777820.81%52.59%2244.82%

The following is breakdown of week’s positions

Usual trading continued during the week as I followed the laws of my excel based strike calculators and results were cool.

DISCLAIMER: I am not a SEBI registered adviser. All the information provided on this website is for educational / informational purposes only and should not be taken as investment advice.