oct21-w4 result

Oct21-W4: Got fooled by the fake-out

I deployed my usual sell strangle strategy and the positions kept giving expected profits through the week. The only exception was Oct 26, led by the reversal initiation on Oct 25, which caused problem in my call options. I decided to book loss for staying on the safe side but the market then continued with the downtrend.  I guess the middle of A-B-C pattern is tough to navigate. I am not too disappointed with the loss booking. Most of the profit came due to high VIX.

These are the candles of the week:

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. 12922.69Rs. 903128.611.43%109.34%2039.18%

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.

2 thoughts on “Oct21-W4: Got fooled by the fake-out”

  1. Pingback: Nov21-W1: Made good money by doing intra-day mean reversion trading

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

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