Big Bang November - (November Series Summary)

 

November 2021, what a month it was. 

Nifty opened at 17783.15 and closed at 16983.20, a fall of 800 points. 
Nifty fell 4.50% in the month of November.

However the Advance CSP Strategy has generated 9.11% profit 💰💰💰. My Personal Record 🤘.

The falling market was real menace but at the end the awesome profit that this strategy has generated was really delightful. 

So let's begin...

I personally prefer to choose Nifty50 stocks with high IV and IV percentile. 

The stock selection was same as that of the October series.

ADANIPORTS

TATAMOTORS

JSWSTEEL and

WIPRO

Let us analyze each of them.

 

TATAMOTORS

Trade opened on 11/10/2021 when TATAMOTORS was trading at 415.

Funds allotted for the trade is Rs. 8 Lakh.

11/10/2021
TATAMOTORS spot at 415         
Short 1 lot 350PE @ 5.95,     Premium Collected = 2850 X 1 X 5.95 = 16,957.50

12/10/2021
TATAMOTORS spot at 415           
Short 2 lot 350PE @ 6.20,     Premium Collected = 2850 X 2 X 6.20 = 35,340.00

                          

Below is the snapshot of total PNL for TATAMOTORS in November 2021 series.

Trade closed on 22/11/2021 when TATAMOTORS was trading at 500.

In between TATAMOTORS made a high of 536 and a low of 388.

TATAMOTORS rallied by approximately 20%

Total Profit Booked in TATAMOTORS = 91,057.50 i.e. 11.38% of funds blocked.

ADANIPORTS

Trade opened on 14/10/2021 when ADANIPORTS was trading at 805.

Funds allotted for the trade is Rs. 5.50 Lakh.

14/10/2021
ADANIPORTS spot at 805
Short 2 lot 700PE @ 12.50,     Premium Collected = 1250 X 2 X 12.50 = 31,250.00

Short 1 lot 700PE @ 12.00,     Premium Collected = 1250 X 1 X 12.00 = 15,000.00

Below is the snapshot of total PNL for ADANIPORTS in November 2021 series.

Trade closed on 22/11/2021 when ADANIPORTS was trading at 705.

In between ADANIPORTS made a high of 830 and a low of 680.

ADANIPORTS plunged by approximately 12.40%

Total Profit Booked in ADANIPORTS = 43,875.00 i.e. 8.00% of funds blocked.

WIPRO

Trade opened on 14/10/2021 when WIPRO was trading at 720.

Funds allotted for the trade is Rs. 4.00 Lakh.

14/10/2021
WIPRO spot at 720
Short 3 lot 650PE @ 10.00,     Premium Collected = 1600 X 3 X 10 = 48,000.00

Below is the snapshot of total PNL for WIPRO in November 2021 series.

Trade closed on 22/11/2021 when WIPRO was trading at 655.

In between WIPRO made a high of 739 and a low of 637.

WIPRO plunged by approximately 9.00%

Total Profit Booked in WIPRO = 30,560.00 i.e. 7.64% of funds blocked.

JSWSTEEL

Trade opened on 29/10/2021 when JSWSTEEL was trading at 670.

Funds allotted for the trade is Rs. 5.00 Lakh.

29/10/2021
JSWSTEEL spot at 670
Short 3 lot 630PE @ 11.00,     Premium Collected = 1350 X 3 X 5.95 = 44,550.00

Long 3 lot 550PE @ 2.00,       Premium Paid = 1350 X 3 X 2.00 = 5,400.00

Below is the snapshot of total PNL for JSWSTEEL in November 2021 series.

Trade closed on 22/11/2021 when JSWSTEEL was trading at 650.

In between JSWSTEEL made a high of 693 and a low of 643.

JSWSTEEL down by approximately 3.00%

Total Profit Booked in JSWSTEEL = 39,555.00 i.e. 7.90% of funds blocked.

Conclusion:

Total profit = 2,05,048.00

Total funds allotted = 22.5 Lakh

Percentage earnings = 9.11%

Brokerage = 1,620.00

Taxes = 1,432.00

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Happy Investing.

Disclaimer:- The article is for educational purpose only. Please consult your financial advisor before making any investment decision.