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Aug21-W2: Nifty Option Trades beat target CAGR due to base effect

I had wiped off 6.6% of my capital in last expiry. However, I had rolled over call options and booked profit on Friday. Furthermore, I further infused capital of Rs. 22,000 so that I can sell at least 6 lots per side. However, I did not have any luck on Monday and Tuesday. My strikes were not OTM enough and I kept adjusting them causing nothing but profits to Zerodha as brokerage. But I am satisfied with whatever recovery I have made. And hopefully, I shall stay on track now.

So I sold OTM strangles from Jul 30 to Aug 5 whose daily candles were like this:

Here are the results (the annualized ROI for week is funny due to this one time recovery) :

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. 26,931.15Rs. 6,79,643-3.96%654.4%99.16%

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.

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