Kavita, Options trader, is earnings millions from stock market

[Babul]

Kavita quickly mastered the ropes in options strategies and was able to generate decent return on her capital. Calling herself a positional trader Kavita trades on weekly and monthly options.

She got a formal understanding of other aspects of trading during a training session conducted by a brokerage on Futures and Options in 2016. Kavita then started trading in futures but lost a good amount of money doing so. Simultaneously, she also started reading about what mutual funds and what big investors did to recover the losses. It was then she discovered the covered call options strategy.

Despite her success in trading, she believes that one's source of income should not be just trading.

She ardently said that one must have an additional source of income instead of relying completely on the stock market. To newbies in stock market her advice: Keep working and keep the stock market as your side hustle, till you have gathered enough fund, knowledge and confidence in the stock market.

Kavita too had her fair share of losses too. Her biggest-ever loss in the stock market was ₹8 lakh.

However, through her learning and experience, she now generates decent returns through options trading annually. Kavita's biggest gain in options trading has been ₹14 lakh in a single day to date.

https://www.livemint.com/market/stock-market-news/from-a-tutor-to-techie-to-earnings-millions-from-stock-market-trading-kavita-options-traderkavitastocks-11662860170947.html