Trade Recaps
BankNifty Monthly Condor, Cycle 3: The Target That Was Actually Hit
BankNifty monthly iron condor, +₹7,400 — booked almost exactly on the system's written 50% profit target, sixteen days in, with no margin pressure forcing the decision. Cycle 3, and the cleanest exit yet.
Risk Management
Nifty Monthly Strangle, First Trade: The Biggest Naked Tail Yet
A naked Nifty strangle held across most of a monthly cycle, +₹8,100 on a clean 50% exit. No backtest, no per-leg stop — the largest undefended tail this journal has carried, and it just happened to pay.
Strategy
Nifty 0DTE, 11-08: Trading Around the New Closing Auction
NSE's new Closing Auction Session put a discontinuous jump right where the usual tent trade lives. So the tent stayed off, and a farther-out strangle sold on afternoon decay booked +₹2,311 instead.
Trade Recaps
Sensex Strangle #2: The Trade That Followed the Rules
Sensex weekly short strangle, +₹2,922 — booked at the system's written day-before-expiry checkpoint after last week's whipsaw. Two trades in, one data point either way.
Risk Management
Positional 125-EMA, Second Trade: Hedging Into an Iron Fly
A bull put that went against the 9 EMA got hedged into an Iron Fly instead of exited, ahead of a weekend. It worked — +₹2,400 on theta decay — which is exactly why the deviation needs a written rule before it happens again.
Trade Recaps
MIDCPNIFTY Breakout, 10-08: Fourth Trade, Same Missing Rule
MIDCPNIFTY naked short put, +₹1,235. A clean, small win — and the fourth discretionary breakout trade in a row without a written rule behind it.