Spartan_Trader

AlgoTrader | Python Developer @ Somebank | Shivabakta | Nyctophile

[Spartan_Trader @SpartanSPR]

I started trading options from June 2021, And standing at 25% profit till date after charges. and not tax.
Starting Capital : 32 Lakhs
Current Capital : 40 Lakhs
Aim is to make a 1 Crore by 2022 December by timely adding money to the capital. As I have full time job Along

[Spartan_Trader @SpartanSPR]

@Suresh_kumar047 Dont you think it would effect you for CC positional trades?

[Saketh R @saketh1998]

Today has been an absolute nightmare, probably one of the worst days we have faced in a while

We were carrying directional positional strategies.

The market closed around 0.6–0.7% higher yesterday. The market opened normally today, but IV exploded right from the morning, causing a massive loss in our Sensex positions.

Even after the RBI policy announcement, the premiums did not cool down.

From April last year until today more than 400 days, our maximum daily MTM swing from options trading had never crossed 0.7%. The overall drawdown from options was also below 2% for the entire period.

But today alone, we lost close to 1.7% on our positional trades.

I had initially considered avoiding expiry trades and continuing only with positional strategies. But after today, I don’t think even positional trading makes sense without understanding what has changed.

For now, we are completely stopping all option trades until we get more clarity on how the market and option premiums are behaving.

One important correction: the screenshot I shared does not show the actual extent of the options loss.

The options loss was significantly higher. A large part of it was recovered through a few futures trades

[Spartan_Trader @SpartanSPR]

Petition to close equity F&O by 3.15PM, If CAS is not rolled back.

@SEBI_India @NSEIndia @BSEIndia @latha_venkatesh @CNBCTV18Live @_anujsinghal @ETNOWlive

[Yogeeswar @yogeeswarpal]

Petition to close equity F&O by 3.15PM, If CAS is not rolled back.

@SEBI_India @NSEIndia @BSEIndia @latha_venkatesh @CNBCTV18Live @_anujsinghal @ETNOWlive

[Spartan_Trader @SpartanSPR]

#RollbackCAS

[Spartan_Trader @SpartanSPR]

, @ACTFibernet
No Internet from few hours .
Pls check ASAP

ID : 102699123741

[Spartan_Trader @SpartanSPR]

Some breather 💥

[Spartan_Trader @SpartanSPR]

PARLEIND just smashed upper circuit 🔥
But it's NOT the Parle biscuits wali company 😂
Same name, zero snacks, 100% confusion. Classic Indian market things!

[Giorgia Meloni @GiorgiaMeloni]

Thank you for the gift

[Spartan_Trader @SpartanSPR]

@ZiddiBakra Dhurandhar when ?🥲

[Spartan_Trader @SpartanSPR]

@RCBTweets Mobile wallpaper 🤴

[Spartan_Trader @SpartanSPR]

There's only one king 🤴

[Punjab Kings @PunjabKingsIPL]

SUNDAY, THE KINGS PLAY! 🤩

[Spartan_Trader @SpartanSPR]

@ShakIncinerates @OGGGGY18 @Tirthraj6779561 @KshitizCritic Dm - I have a direct link to download

[Spartan_Trader @SpartanSPR]

@OGGGGY18 @Tirthraj6779561 @ShakIncinerates @KshitizCritic Proton VPN se tho nai huwa, agar pata chala, boldo bhai

[Spartan_Trader @SpartanSPR]

@doconclock

[Spartan_Trader @SpartanSPR]

Found this near to my office
Left hand drive car !!
What could be this? 😀
@volklub
@rushlane

[Spartan_Trader @SpartanSPR]

@doconclock

[Spartan_Trader @SpartanSPR]

@psomkar1 Almost everything vibe coded, refering my old repo

[Spartan_Trader @SpartanSPR]

@MotorBeam Instagram crowd would like this chaprification, not the X users !! 😕

[Spartan_Trader @SpartanSPR]

@ACTFibernet Wake up - See wifi is down - raise complaint - sleep .
Again the wifi is down. Can you fix the issue at once ? Its not working 😕

[Spartan_Trader @SpartanSPR]

, @ACTFibernet
No Internet from few hours .
Happened 4th time this month.
One of the worst provider
No comms from customer support even after trying multiple times.
Take the router and go.

ID : 102699123741

[Spartan_Trader @SpartanSPR]

@ACTFibernet Again its not working, please fix ASAP

[Spartan_Trader @SpartanSPR]

@ACTFibernet It was resilved yesterday afternoon, Now again its down, please fix that ASAP !!