SaralOptions

Algo + Discretionary options trader ... learnt to keep it "saral" (simple), the hard way!
IIT graduate, ex AI ML leader @ large ibanks

[SaralOptions @saral_options]

They have lost all shame, no ethics at all, lying on social media to their customers!

@dspmf #MutualFunds #lenskartipo

[DSP Mutual Fund @dspmf]

Update

Usually, we do not comment on individual stocks that may or may not be part of our portfolios. However, given the questions and concerns on social media over the last 24 hours, we felt it is important to share clarity with our investors.

We have always been selective in participating in IPOs - and that discipline will remain unchanged.

Having said this, we invest when we have conviction across four dimensions:
- Strong and scalable business
- Trustworthy promoters
- Demonstrated execution
- Valuations

It is rare to find all four perfectly aligned at the same time. In the case of Lenskart, we like the first three very much. On valuations, we believe businesses associated with retail, e-commerce are trading expensive, including this specific business.

Further, we do not usually take cash calls in most of our funds. In this specific case, we have trimmed a slower-growing, similarly-expensive position to make room for this investment. When valuations are stretched, we size our positions responsibly.

In short: there is nothing new in our approach while evaluating Lenskart.

We will share more detailed thoughts in our annual letter.

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Note: Any stock or sector references should not be considered as recommendations to buy, sell, or hold any security, nor as an indication of future performance. The AMC, its affiliates, or schemes may or may not have any future positions in these securities. There is no assurance of any returns/capital protection/capital guarantee in DSP schemes.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

[SaralOptions @saral_options]

How can they do this blunder in NPS! SEBI when will you wake up?

[SaralOptions @saral_options]

If your Mutual Fund invests in Lenskart - exit it immediately! They are not working for you!

#MutualFundSahiNahiHai

[SaralOptions @saral_options]

DO NOT invest in Lenskart IPO, thank me later!

#IPO #Lenskart

[SaralOptions @saral_options]

@v1ckiekumar Thanks for your concern buddy. Not every eod pnl is realized pnl.

[SaralOptions @saral_options]

Bad day, made lot of mistakes .. booked -1.5l, rest carried forward in a damage control trade ... lets see ..
Say no to fake screenshots! Check out my P&L - #VerifiedBySensibull https://t.co/r6eGPhb0Pg

[SaralOptions @saral_options]

@Gangster298191 how?

[SaralOptions @saral_options]

@v1ckiekumar Seriously milking money like Trump!

[SaralOptions @saral_options]

#SEBI the biggest manipulator, why would FII stay is such a uncertain regulatory environment. SEBI is screwing us!

[SaralOptions @saral_options]

@BANGBROZZZZZZZ Option buyers also used to benefit from low premiums .. they always had the option buy monthly ... so they loose too ....
My point is more about very frequent change and uncertainty!

[SaralOptions @saral_options]

@VJ_wisdom I hope I had the money and power to do that!

[SaralOptions @saral_options]

Recovered all the loss carried forward from Friday ...
Say no to fake screenshots! Check out my P&L - #VerifiedBySensibull https://t.co/qu59MpoaoF

[SaralOptions @saral_options]

#TrumpBrokeFast People are India are breaking Karwa Chauth fast after seeing Moon, meanwhile Trump broke his fast after seeing Sun 🤣

https://t.co/tdeHbpfBv0

[SaralOptions @saral_options]

Carrying positions over to Monday ...
Say no to fake screenshots! Check out my P&L - #VerifiedBySensibull https://t.co/Kh40gIABxs

[SaralOptions @saral_options]

#Silver Low risk, High return trades! Enter on every dip!
People who are suggesting Gold/Silver will reverse, take shorts and share your live trades, if you believe in your analysis!

[SaralOptions @saral_options]

Just another difficult Sensex expiry!
Say no to fake screenshots! Check out my P&L - #VerifiedBySensibull https://t.co/8rMmnFXjNQ

[SaralOptions @saral_options]

Interesting day!
Made many right entries but the move happened just after taking my SLs!
Still happy by 2 things - 2lakh loss trade carried forward closed in +ve today! and gold/silver my love are giving me joy in positional account!
#VerifiedBySensibull https://t.co/vYnjMTnYLK

[SaralOptions @saral_options]

Booked 5.5l loss, took SL at wrong time, else would have covered fine!
Say no to fake screenshots! Check out my P&L - #VerifiedBySensibull https://t.co/KNbgxIg4AU

[SaralOptions @saral_options]

Was not expected Nifty to sustain over 25050 but it did ... carrying the losses forward, lets see how it closes tomorrow ....
Say no to fake screenshots! Check out my P&L - #VerifiedBySensibull https://t.co/uNKg4zgk7I