Jul21-W1: Nifty index 50 trades beat target CAGR

On Jun 23rd, I sold nifty index 50 strikes expiring on July 1st which meant that time to expiry was more than a week. Higher the time to expiry, higher the premium. But it was not the time that made me take positions in advance. The reason was volatility. If you will see intra-day Bollinger bands on Jun 23rd, they were quite stretched out.

So I sold OTM strangle from Jun 23 to Jul 1 whose daily candles were like this:

Here are the results:

Net Profit (after deducting brokerage)Capital deployed (approx)Week’s ROIAnnualized ROI for this weekTotal no. of weeks traded till todayAverage CAGR till today
Rs. 7,232.3Rs. 6,32,1341.144%80.68%351.61%

Where annualized ROI for week = ((1+week’s return in decimal)^52)-1)*100

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.

1 thought on “Jul21-W1: Nifty index 50 trades beat target CAGR”

  1. Pingback: - Jul21-W1: Volatility reversion to mean is money

Leave a Comment

Your email address will not be published. Required fields are marked *