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Short Only Strategy: Expiry and Nifty Short

Deepak Shenoy1 min read
Quick Facts
What is "Short Only Strategy: Expiry and Nifty Short" about?
What category is this article in?
Stocks
Who wrote this article?
Deepak Shenoy, Capitalmind's research team.
When was this article published?
Published 3 November 2008.
How long does this article take to read?
1 min read
What topics does this article cover?
Nifty, Short Only

I have been on a holiday so haven’t updated the SoS. Here’s the status, with positions on ICICI and a Nifty call expired. No rollovers, and now I introduce a Nifty short - 200 in quantity - at today’s level (3045.25).

This is a crappy return - only 10% when the Nifty has gone down more than 30%. I haven’t done it justice, and definitely gotten out of trades before I should have, and not had a decent short retained. Lessons learnt, and I hope I’m able to perform decently going forward. Let’s see.