A weekly log of trades, lessons, and market observations — documented with an engineer's precision.
₹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.
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.
₹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.
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.
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'.
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.
Nifty Bull Put Spread: Valid Signal, Bad Week First trade under the Nifty positional system. It…
Iron Condor #1: The Stop That Wasn't There First Sensex weekly condor. It lost ₹2,400, which is…
The Setup On the July 7, 2026 weekly expiry, Nifty opened with initial morning volatility. Once the…
Opening the Journal: Rules Before Trades I have been reading about options for a long time and…
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