What is your Monthly Average Income in Options and Futures?

My Monthly Average Income in Futures and Options


  • Total voters
    163

spiritunit

Well-Known Member
#1
I just started trading in options couple of months now and found its a great potential to earn more comparing with stocks trading. Some of the members here doing futures and options for quite some time, so you people have some good experience and income (loss as well).

Members who are doing futures and options, please join this poll and tell us your monthly average income.
 

spiritunit

Well-Known Member
#4
are you a tax inspector
If the Tax Inspector has to catch you, he will checkout your Share trading/demat account and I believe he won't start a stupid thread like this :D

Don't be serious buddy, I just like to know the potential of earnings in options, as it trades with very high percentage comparing with stock trading.
 

findvikas

Well-Known Member
#5
If the Tax Inspector has to catch you, he will checkout your Share trading/demat account and I believe he won't start a stupid thread like this :D

Don't be serious buddy, I just like to know the potential of earnings in options, as it trades with very high percentage comparing with stock trading.
Potential is usually 10times more than in stocks. If a stock price movement gives you 1% return on SPOT then the near money calls usually gives 40% return once they go ITM.

for example... if you are buying XYZ at 438 and selling it at 443... avg. 1% return.

then instead if you buy 440 CA assuming its at 5, then it could reach 7-9 when SPOT hit 444... just a simple example.. but there are other factors as well.

for real life examples...
http://spreadsheets.google.com/ccc?key=0AsC1qV6Wtd1xdDh1MzN6MFh5VzNhclBsV1RaQXJHVHc&hl=en
 
#8
well i m not afraid of tax inspector. i was just kidding. i have a trading capital of 200000. and i trade with active contracts of nifty option. with 20 lots in day trading.rk global is my broker. i m high risk taker so sometime i earnd 200000 and next month lost 200000.
on average i earn 70000.pm and not paid tax till today. hope some day iwill be fined 100000rs + jail.by tax inspector . i was wrong as i think that we have to pay stt only
but i have to pay 30% of my income as taxxxxxxxxxxxx.
 

spiritunit

Well-Known Member
#9
rananjay,

I just applied for RK Global as well (currently using Sharekhan, high brokerage) and I am an intraday player, how good is RK Odin with intraday? I found some good and bad news here about RK Global.