How This Young Trader Is Building Wealth With Options Trading with Nimai Jhunjhunwala

This Face2Fa video presents an in-depth discussion on options trading and building a proprietary trading desk (PropDesk) for wealth creation, featuring a young trader, Nimay Jhunjhunwala, who shares his journey, strategies, and insights. Nimay started his market exposure at a very young age through investing and evolved into options trading, ultimately founding his own prop trading firm with a team. The conversation highlights the transition from retail trading to professional trading, the importance of risk management, and how to leverage options trading not for daily income but for long-term wealth creation. Nimay explains the concept of a prop desk as a collaborative trading group pooling capital and emphasizes the necessity of starting with sufficient capital (around 1 crore INR) and the right mindset. The discussion also stresses the importance of using desktop trading platforms over mobile apps for serious trading.

Nimay presents a practical, straightforward options trading strategy focusing on selling options on a diversified basket of about 25 large-cap stocks, using monthly expiry high and low levels to guide strike selection. He advocates for hedging with out-of-the-money (OTM) index options to protect against market crashes or “black swan” events. The strategy aims for consistent annual returns of around 15-18%, which, when combined with investment returns on the underlying capital, can compound wealth significantly over time. The talk also touches upon risk management, portfolio diversification, and the psychological transformation required to shift from a retail to a professional trading mindset. Throughout, Nimay encourages continuous learning, adaptability, and disciplined trading practices.