EARNING RISK FREE 20% PER ANNUM

#11
Let me implement this strategy today 22.03.21
I am buying SETNIF50 18000 quantity @ Rs 150.41., investing 18000 x 150.41 = Rs. 27,07,380/-.
I will get 90% of this as margin tomorrow, by keeping cash balance of Rs. 2,71,000/-.
My total margin fund will be Rs.24,36,642 + 2,71,000 = 27,07,642/-.
Today's Nifty closure is 14736/-. 8% away call is 15900. I am selling 15 lots requiring margin of Rs 15,10,682/-.
 
#12
[QUOTE="l
Today's Nifty closure is 14736/-. 8% away call is 15900. I am selling 15 lots requiring margin of Rs 15,10,682/-.[/QUOTE]
selling 15 lots , which month ...
 
#13
On 23.03.21, 15900 CALL is quoting Rs 46.45. I sold 15 lots.
got credit of 46.45 x 75 x 15 = 52256.25
Margin required Rs 21,63,000.
Excess amount on margin 27,07,642/- - 21,63,000/- = 5, 44,642/-.
I bought 400 Bharat Bonds ETF @ 1002.15, i.e. costing Rs 400,846/-

After April 15, I will sell next expiry (May 21) Call.


Present Position:
Holding SETNIF50 18000 units
Holding EBBETF0431 400 units
Sold 15 LOTS (15 X 75) April 21 expiry 15900 CALL
 
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#15
On 16.04.21 I sold 2500 SETNIF50 @ 147.80, getting Rs.369500/-. That amount is invested in 350 Bharat Bonds-EBBETF0431 @ 1028.58, amounting Rs.360003/-.

Now I have 18000 - 2500 = 15500 SBI NIFTY 50 ETF-SETNIF50 valued Rs 22,90,900/-
350 Bharat Bonds-EBBETF0431 valued Rs 22,90,900.

Decision to invest in Bharat Bonds is, that will not lose value and earn also.
 
#16
April 29 expiry 15900 CALL is now quoting Rs 2.90. So I squared off my 15 lots holding for Rs 3037.50.
So I could earn 52256.25 - 3037.50 = 49,218.75.

My total investment is 27,07,380/- + 2,71,000/- = 29,78,380/-
In Banks highest rate of is 7.40 % p.a. in HDFC Bank. That works out monthly 0.62%.
On 30,00,00/- it will earn Rs 18,600/- interest monthly., but this CALL selling fetched me Rs 49000/-.
 
#17
Now Nifty is quoting 14617. 8% away strike works out to 15800.
27 May 15800 CALL is quoting Rs 36.25.
I will sell 20 lots this time to get Rs 54,375/-.
I will keep 10% of earning in Bharat Bond, i.e. nearly Rs 5.437/-.
Now the margin requirement is Rs.20,21,000/-
I hold 15500 SBI NIFTY 50 ETF valued RsRs 22,90,900/-.
90% of which is 20,61,810, which is enough for required margin.
 
#18
On 17.05.21 May Expiry 15800 Call was quoting Rs. 4.00.
I bought back 20 lots costing 20 x 75 x 4 = Rs 6000/- by gaining 54375 - 6000 = 48375/-.
Out of which for Rs 5437/- I could get 5 shares of Bharat Bond at Rs 1036.44.

On that day Nifty was quoting 14923. 8% away strike was 16100.
June expiry 16100 call was quoting Rs 25.25.
I sold 20 lots to get 20 x 75 x 25.25 = 37875/-
Out of which Rs 3787.5 will be invested in Bharat Bond.

Margin requirement was Rs 20,63,900.
SETFNIF50 was quoting Rs 150.84 Valued Rs 2715120/-.
90% of which is Rs 2443608/- which is sufficient for margin requirement.
Excess amount of margin 2443608 - 2063900 = 379708/-
I sold 2250 of SBIETF at 150.84 to get Rs 339390/-
I bought 325 Bharat Bond ETF costing Rs 336843/-

Present Position:
Holding SETNIF50 15750 units
Holding EBBETF0431 730 units
Sold 20 LOTS (20 X 75) June 21 expiry 16100 CALL
 
#19
On 17.06.21 June Expiry 16100 Call was quoting Rs. 10.65
I bought back 20 lots costing 20 x 75 x 10.65 = Rs 15975/- by gaining 37875 - 15975 = 21900/-.
Out of which for Rs 3787.5/- I could get 3 shares of Bharat Bond at Rs 1044/-

On that day Nifty was quoting 15691. 8% away strike was 16900.
July expiry 16900 call was quoting Rs 15.
I sold 20 lots to get 20 x 75 x 15 = 22500/-
Out of which Rs 2250 (10%)will be invested in Bharat Bond.

Margin requirement was Rs 2337000.
SETFNIF50 was quoting Rs 159.64. Holding of 15750 units Valued Rs 2514330/-.
90% of which is Rs 2262897/- which is insufficient for margin requirement.
Shortfall amount of margin 2337000 - 2262897 = 74103 by selling 80 EBBETF0431 at 1044
Bought 520 SETFNIF50.
Now 15750 + 520 = 16270 at 159.64 is valued at 2597342.8
90% of which is 2337608, which is sufficient for Margin.

Present Position:
Holding SETNIF50 16270 units
Holding EBBETF0431 653 units
Sold 20 LOTS (20 X 75) July 21 expiry 16900 CALL
 
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