Sell Bank Nifty

Buy Bank Nifty 12500 Put options @ 68

Sell Nifty

Buy Nifty 6000 Put Options @ 42.50

Cover Nifty Longs

Book Profits in Nifty 6100 Call @ 43.50.

PERFORMANCE REPORT CARD: 48.3% absolute return!!!!!

It has been exactly one month since the start of this blog and we have had our shares of ups and downs, below we present the entire details of our call performance alongwith important metrices.
As can be seen in 1-month the overall return on equity has been a whooping 48.3%  absolute.
This has been achieved on an accuracy ratio of 40.7% (surprise!!!), thus outlining the fact that in the market it is not how many times you are right but how much less you loose when you are wrong. This fact is underlined by the Reward to Risk ratio which is 3.64:1 that is, for every rupee risked our calls have generated 3.64 rupees in profits.

	PERFORMANCE SUMMARY								NOTE	Starting Capital is assumed at Rs.100000(1 lakh)
Initiation Date	Instrument	Action	Initiation Price	Stop Loss	Square Off Price	Qty	P/L	Cum P/L		Nifty & Bank Nifty Futures assumed at 100 shares per trade
11-12-2012	Nifty Future	Sell	5984	6004	5930	100	5400	5400		Options are taken worth Rs.10000 (10 Thousand) per call
12-12-2012	Nifty Future	Sell	5945	5965	5900	100	4500	9900
12-12-2012	Nifty 5800 PE	Buy	17.5	16	32.5	550	8250	18150		Initial Capital	100000
14-12-2012	Nifty 6000 CE	Buy	18.5	17	25	550	3575	21725		PR/Loss	48320
18-12-2012	Nifty 6000 CE	Buy	11.4	8	23	900	10440	32165		%RETURN	48.32%
19-12-2012	Nifty 6000 CE	Buy	29.5	24.8	24.8	350	-1645	30520		Accuracy Ratio	40.74%
19-12-2012	Nifty 6000 CE	Buy	25	21.8	21.8	400	-1280	29240		REWARD:RISK	3.64
21-12-2012	Nifty 5800 PE	Buy	12.5	19	19	800	5200	34440
24-12-2012	Nifty 5800 PE	Buy	11.5	8.1	10.5	850	-850	33590
24-12-2012	Nifty 5900 CE	Buy	14	12.5	12.5	700	-1050	32540
24-12-2012	Nifty Future	Buy	5864	5848	5925	100	6100	38640
26-12-2012	Nifty 5900 CE	Buy	11.5	8.8	33.5	850	18700	57340
03-01-2013	Nifty 5900 PE	Buy	37	32	32	250	-1250	56090
03-01-2013	Nifty Future	Sell	6030	6051	6051	100	-2100	53990
03-01-2013	Nifty 5900 PE	Buy	32		28.6	300	-1020	52970
07-01-2013	Nifty 6200 CE	Buy	23.5	20.4	22	400	-600	52370
07-01-2013	Nifty 5900 PE	Buy	33.5		23	300	-3150	49220
07-01-2013	Nifty Future	Sell	6025	6050	6050	100	-2500	46720
08-01-2013	BHEL 230PE	Buy	3		2	3000	-3000	43720
10-01-2013	Bank Nifty Fut	Buy	12805	127808	12780	100	-2500	41220
10-01-2013	SBI 2600 CE	Buy	39	35	35	250	-1000	40220
10-01-2013	Bank Nifty Fut	Sell	12780	12830	12830	100	-5000	35220
10-01-2013	Bank Nifty Fut	Sell	12859	12896	12750	50	5450	40670
10-01-2013	Bank Nifty Fut	Sell	12859	12896	12680	50	8950	49620
10-01-2013	Nifty Future	Sell	5993	6024	6024	100	-3100	46520
10-01-2013	Nifty 5900 PE	Buy	34		27	300	-2100	44420		EQUITY CURVE
14-01-2013	Nifty 6100 CE	Buy	34	29.4	47	300	3900	48320	Still Open

Nifty scorching up

Nifty moves up, 6100 Call trades at 42. Continue to hold long positions.

Buy Nifty

Buy Nifty 6100 Call @ 34 SL 29.40

All the losses in 10 trades recouped in just 2 trades!!

Just 2 calls help us to recoup all the losses endured across 10 straight stop losses, that is why risk management is important.
Happy Trading

	PERFORMANCE SUMMARY								NOTE	Starting Capital is assumed at Rs.100000(1 lakh)
Initiation Date	Instrument	Action	Initiation Price	Stop Loss	Square Off Price	Qty	P/L			Nifty Futures assumed at 100 shares per trade
11-12-2012	Nifty Future	Sell	5984	6004	5930	100	5400			Options are taken worth Rs.10000 (10 Thousand) per call
12-12-2012	Nifty Future	Sell	5945	5965	5900	100	4500
12-12-2012	Nifty 5800 PE	Buy	17.5	16	32.5	550	8250			Initial Capital	100000
14-12-2012	Nifty 6000 CE	Buy	18.5	17	25	550	3575			PR/Loss	52820
18-12-2012	Nifty 6000 CE	Buy	11.4	8	23	900	10440			%RETURN	52.82
19-12-2012	Nifty 6000 CE	Buy	29.5	24.8	24.8	350	-1645
19-12-2012	Nifty 6000 CE	Buy	25	21.8	21.8	400	-1280
21-12-2012	Nifty 5800 PE	Buy	12.5	19	19	800	5200
24-12-2012	Nifty 5800 PE	Buy	11.5	8.1	10.5	850	-850
24-12-2012	Nifty 5900 CE	Buy	14	12.5	12.5	700	-1050
24-12-2012	Nifty Future	Buy	5864	5848	5925	100	6100
26-12-2012	Nifty 5900 CE	Buy	11.5	8.8	33.5	850	18700
03-01-2013	Nifty 5900 PE	Buy	37	32	32	250	-1250
03-01-2013	Nifty Future	Sell	6030	6051	6051	100	-2100
03-01-2013	Nifty 5900 PE	Buy	32		28.6	300	-1020
07-01-2013	Nifty 6200 CE	Buy	23.5	20.4	22	400	-600
07-01-2013	Nifty 5900 PE	Buy	33.5		23	300	-3150
07-01-2013	Nifty Future	Sell	6025	6050	6050	100	-2500
08-01-2013	BHEL 230PE	Buy	3		2	3000	-3000
10-01-2013	Bank Nifty Fut	Buy	12805	127808	12780	100	-2500
10-01-2013	SBI 2600 CE	Buy	39	35	35	250	-1000
10-01-2013	Bank Nifty Fut	Sell	12780	12830	12830	100	-5000
10-01-2013	Bank Nifty Fut	Sell	12859	12896	12750	50	5450
10-01-2013	Bank Nifty Fut	Sell	12859	12896	12680	50	8950
10-01-2013	Nifty Future	Sell	5993	6024	5973	100	2000	Still Open
10-01-2013	Nifty 5900 PE	Buy	34		38	300	1200	Still Open
							52820
Profit on our Calls			52820