r/DayTradersBharat
▲ 12
Today was one of those reminder days that markets can humble you anytime.
Everything looked bearish to me. OI positioning, global uncertainty, downside sentiment and then suddenly headlines around a possible US-Iran pause and this “Project Freedom” update started hitting the market. Next thing you know, Nifty starts flying 300+ points like someone switched timelines.
As a retail options trader, it honestly caught me off guard.I was sitting flat though. Felt bad for everyone holding puts or expecting continuation on the downside. Hope people managed risk properly and protected capital.
And if you caught the upside move… congratulations, because today the market rewarded speed more than analysis.
u/ayush_im — 8 days ago
▲ 2
My friend is persuading me to join F&O and I can't disclose what strategy he uses but I feel his return calculation is kinda dodgy. Hear me out,
He trades on a certain exchange, and is into option selling.
His capital on march 31, 25' was 15L
His capital as of right now is 50L
His YoY return is 22%
He has injected 20-25L of capital too
Now please correct me if I'm wrong, since YoY is based on the starting value of his capital his profit should come out to be 3.3L.
However, his broker P&L statement shows his profit is 11L.
Either he's lying or I am wrong in estimating his actual returns.
u/Specialist-Tax6192 — 8 days ago
▲ 2
Feels like one of those tricky expiry days. Opened weak, dipped below 24k and since then it’s just been choppy with a slight bearish tone. Every bounce feels sold into, but not enough momentum for a clean breakdown either.
Looks like a range for now, but bias still feels on the downside with all the global noise in the background. Curious how you guys are playing this, selling the range or waiting for a proper move?
u/ayush_im — 9 days ago