Based on my previous analysis, I was expecting a drop till green trendline but had no clue what would happen afterward. Though I expected Nifty Index 50 to break green trendline and move to green rectangle, it kept moving up silently. I traded strangles conservatively but maybe I could have been a bit more aggressive. I also traded an intraday sell put opportunity on July 10 but again, my strike selection could have been nearer to money.
So I sold OTM strangles from Jul 9 to Jul 15 whose daily candles were like this:
Here are the results:
|Net Profit (after deducting brokerage)||Capital deployed (approx)||Week’s ROI||Annualized ROI for this week||Total no. of weeks traded till today||Average CAGR till today|
|Rs. 3,953.65||Rs. 6,43,197||0.615%||37.53%||5||45.76%|
Where annualized ROI for week = ((1+week’s return in decimal)^52)-1)*100
The following is breakdown of week’s positions:
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