Traders & Investors Paradise

Futures & Options Trading => Our Current Trades => Topic started by: Michael Gonsalves on Sep 04, 2022, 01:49 PM

Title: Net Profit Rs 67 Lakh from 1st April to 3rd Sept 2022
Post by: Michael Gonsalves on Sep 04, 2022, 01:49 PM
In the period from 1st April 2022 to 3rd September 2022, I earned a gross profit Of Rs. 73 lakh and a net profit of Rs 67 lakh.

The strategies deployed were Calendars, Covered Calls, Cash Secured Puts and naked short calls (no Puts).

The capital deployed was about Rs. 4 crore approx which means that my RoI is about 16%. On an annulaized basis, the return is about 25%.

I committed a number of blunders which caused me to lose significant money. Also, the markets were extremely volatile for a part of the year which also led to losses. I will be more circumspect with my trades henceforth.

(https://rakesh-jhunjhunwala.in/test/uploads/Profit-030922.jpg)
Title: Re: Net Profit Rs 67 Lakh from 1st April to 3rd Sept 2022
Post by: Babul on Sep 04, 2022, 05:55 PM
This is actually a mediocre and sub-par performance. A trader on twitter has claimed to have earned Rs. 1.13 crore in the month of August itself which is a whopping 23% return. See the post I put here

https://zerodha.trade/index.php?topic=98.msg220#new