FY 22-23 performance
Starting Capital: 25 Lakhs
Current Capital: 38 L
Gross Profit : 16.92L
Charges:2.94L
Net Profit: 12.98L🟢
ROI: 51.92%🟢
Charges are high as I trade on ATM strikes. This year's focus remains on reducing charges & incurring lower DD👍
@Deepakmotepalli Such days where we keep getting premium spikes looks lucrative & we re-enter the trades. It has given us profits in the past so you gotto keep trying it. On an average it remains profitable
Cudnt shuffle much between #bankex & #midcap index. Made quick 1.5% in callratio spread with bearish view. Adjusted to deltaneutral Batman & midcap shooted up taking mtm to -2.10L. Entered 12250 #ironfly & ended at breakeven
Crazy #mtm swing today.. Was bullish if opened flat but due to #gapup entered into call ratio spread & booked 1%. In 1st fall took put ratio & booked another 1%..
Premiums were super good at 2pm so took delta neutral #ironfly
mtm swings from +72k to -10k to +65k to -12k to 2L😂
The view was bearish from #gapup & hence shorted 23600 at opening. Made good 1% in 1st few minutes & shifted to 23700CE short in #nifty ....
Good day though market didn't fall as expectation
Got my view completely wrong in #gapup with #bearcreditspread in #banknifty ... Changed view after Bank sustained above 51200 to bullish & Recovered from -6L to -1.5L.
Was anticipating a bullish day. So the good fall in #gapup seemed good opportunity to enter into #finnifty ITM PUT short. But market fell more so mtm swings saw -2.44L once before reversing.
Less volatile overall
Started with #bankex on spike, then #midcap on spike & finally played averaging in #sensex .... #mtm swings were high but gradual decay confirmed easy 2%