Risk Management
Sensex Condor 3: The Stop I Wrote Down and Didn't Use
Down ₹700 at the close on 22-07 with my finger over the exit, I chose to hope for a recovery instead. The next morning gapped down again and the condor went to its structural maximum: −₹3,400. Five times the loss I declined to take.
Trade Recaps
Sensex 0DTE, 23-07: Paid by the Same Gap That Broke the Condor
₹668 of net debit, ₹4,540 of profit, and the uncomfortable detail that this trade made money from precisely the move that took my weekly condor to maximum loss on the same morning.
Psychology
The Bot Was Right and I Wasn't: Nifty Short, 22-07
A Rust bot fired a short signal at 09:20 with two exit conditions, neither of which was 'Rahul feels uncomfortable'. I booked ₹1,462.50 anyway and spent the rest of the day watching the trade I no longer had.
Risk Management
Nifty 0DTE, 21-07: Four for Four, and Why That Worries Me
₹3,204 on the fourth straight winning expiry, and the narrowest profit band yet — 287 points. Four wins, ₹16,921, and zero observations of the only outcome that can actually hurt this structure.
Trade Recaps
BankNifty Monthly Condor: The Exit That Actually Worked
A condor whose exit signal lives on the combined-premium chart, not in a rupee figure. When Trump started rambling on the 8th it got me out for ₹1,200 while BankNifty went on to fall another thousand points. Re-deployed on the 10th and closed this morning for ₹7,200 — not on the signal, but on an expiry-week margin call I had never written a rule for.
Trade Recaps
Sensex 0DTE, 16-07: Same Structure, Smaller Day
₹221 of net debit, ₹3,744 of profit, and a realised move barely half the size of the week before. Third in the series, and the first one where the shrinking numbers start telling a story.
Trade Recaps
Sensex Iron Condor 2: The Win That Tests Nothing
Second Sensex condor of the month. In at 09:45 on 13-07, out on the 15th at the 50% target for ₹1,170. It worked, and it proves nothing — because the component that killed the first one, the stop, never got asked to do anything.
Trade Recaps
Nifty 0DTE, 14-07: The Straddle That Cost Nothing
129.30 paid, 129.30 collected, net debit exactly zero. A structure with no cash at risk between the strikes, ₹4,472 of profit, and a reason to be careful about the word 'free'.
Trade Recaps
Sensex 0DTE, 09-07: The Tent and the Tail
One long ATM straddle, three short strangles against it, expiring the same day. Net cost ₹1,188, result +₹5,501 — and a payoff tent whose edges lose money at twice the speed they make it.
Trade Recaps
Nifty Bull Put Spread: Valid Signal, Bad Week
Nifty Bull Put Spread: Valid Signal, Bad Week First trade under the Nifty positional system. It…
Trade Recaps
Iron Condor #1: The Stop That Wasn't There
Iron Condor #1: The Stop That Wasn't There First Sensex weekly condor. It lost ₹2,400, which is…
Strategy
Nifty 0 DTE Expiry Execution: Managing Volatility with Hedged Ratio Straddles
The Setup On the July 7, 2026 weekly expiry, Nifty opened with initial morning volatility. Once the…
Strategy
Opening the Journal: Rules Before Trades
Opening the Journal: Rules Before Trades I have been reading about options for a long time and…
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