Dayananda Reddy

Retired Scientist, Option seller, Expiry day trader, Rummy player, Started option trading since October 2020, Zerodha 60-day challenge 6 times winner.

[Dayananda Reddy @daya_reddivari]

My one year journey in Option trading
1/5
1. Started option trading from October 2020 with the inspiration and guidance of my son @yashstocks.
2. Before starting the option trading read material available in "Varsity App" thoroughly and watched "Traders Carnival" of @itjegan

[Dayananda Reddy @daya_reddivari]

@ferarri001 9 is the correct answer

[Dayananda Reddy @daya_reddivari]

@Lunaria_40 16 holes

[Dayananda Reddy @daya_reddivari]

@Mishi_2210 1050

[Dayananda Reddy @daya_reddivari]

Wishing all of my friends and relatives a happy Makara Sankranti

[Dayananda Reddy @daya_reddivari]

@Mishi_2210 95

[Dayananda Reddy @daya_reddivari]

@alperrrrrrrrr @fernandore70556 @Mishi_2210 Very clever

[Dayananda Reddy @daya_reddivari]

@Mishi_2210 5091

[Dayananda Reddy @daya_reddivari]

@Beinthegame1992 Strangle

[Dayananda Reddy @daya_reddivari]

5 years of my trading journey

1) I have started option selling during October 2020 with the inspiration of my son @yashstocks and completed five years in trading.
2) After one year i. e. during October 2021, I started trading in my wife account also.

[Dayananda Reddy @daya_reddivari]

4) Yearwise net P&L in my wife's account is as follows.

2021-22 -11.1%
2022-23 +23.7%
2023-24 +32.7%
2024-25 +25.5%

Total P&L in 4 years is +70.8%

[Dayananda Reddy @daya_reddivari]

3) Yearwise net P&L in option selling in my account is as follows.

2020-21 + 52.2%
2021-22 - 11.9%
2022-23 + 9.70%
2023-24 - 9.30%
2024-25 + 46.90%

Total P&L in 5 years is +87.6%

[Dayananda Reddy @daya_reddivari]

Do you remember when you joined X? I do! #MyXAnniversary

[Dayananda Reddy @daya_reddivari]

Do you remember when you joined X? I do! #MyXAnniversary

[Dayananda Reddy @daya_reddivari]

Got 0.3% in Midcapnifty expiry
Entered 8925-8975 strangle and exited at 9.30 am, as there are some issues in Zerodha site.

[Dayananda Reddy @daya_reddivari]

Got 0.6% in Sensex expiry
Entered 64300-600 strangle with hedging and exited all trades at 11.20 am after achieving the target.

[Dayananda Reddy @daya_reddivari]

@ChethanSRanju 9.16

[Dayananda Reddy @daya_reddivari]

Got 0.3% in Nifty expiry
Entered 19100-200 strangle without hedging as premiums are very low. On down move exited all trades at 10 am by booking a profit of 0.3%

[Dayananda Reddy @daya_reddivari]

@chart_maker SL is 90% of the combined premium on each leg.

[Dayananda Reddy @daya_reddivari]

Got 0.6% in Bnf expiry
Entered 42500-900 strangle with hedging and moved to 42600-900 and closed all trades at 10 am after achieving a profit of 0.6%

[Dayananda Reddy @daya_reddivari]

Got 0.3% in Finnifty expiry
After the technical issue was resolved by Zerodha, entered at 9.35 am and closed at 9.50 am by booking a profit of 0.3%
Done for the day.