I booked a profit of Rs. 34 lakh for the month of August 2021

[Michael Gonsalves]

Options strategies are very forgiving and give ample opportunities to adjust to agile traders.

Though I committed numerous blunders and errors of commission and omission, I still managed to end with a positive gain of Rs 34 lakh.

Needless to say, I had been more careful, my gains could have been much, much more.

I used strategies like Covered Calls, Cash Secured Puts and the Iron Fly during the month.