Options Strategy & Analysis (Post-Trade)
BTC/USD – November 03, 2025
Previous Day Trade Analysis
Final P&L (24H)
₹3,825
Return on Risk (24H)
5.8%
Trade Duration
24 Hours
1. Strategy Recap
Chart showed flat EMAs with price in 108,000–110,000 range; highest Put OI at 108,000, Call OI at 110,000; high IV (~41%). Selected Iron Condor: Sell 110,000 CE & 108,000 PE, Buy 111,000 CE & 107,000 PE for net credit $220.
2. Market Outcome
Over first 24H (01 Nov 09:30 UTC to 02 Nov 09:30 UTC): BTC stayed range-bound ~108,500–109,200 (within 108K-110K). No breakout; IV slight crush to ~40%; OI stable at 108K Put / 110K Call.
Updated 15-min Chart (24H window): Price consolidated with flat EMAs; no breach.
3. Strategy Performance
Entry (01 Nov ~09:30 UTC): Net Credit $220 (Sell 110K CE @ $1068, Sell 108K PE @ $1144; Buy 111K CE @ $635, Buy 107K PE @ $1065). At 24H mark (02 Nov ~09:30 UTC): Shorts decayed to ~$875 total (CE ~$420, PE ~$455); wings ~$1180 total → Net position value ~$175.
24H Theta Decay: ~$45 (favorable due to high IV & range). P&L (24H only): +$45 points (100 lots of 0.001 BTC) = +$4,500 USD → ₹3,825 (1$ = 85 INR). Max Drawdown (24H): $15 (minor dip to 108,400). Expected 24H Payoff ~$40–50; Actual $45.
4. Learning & Observations
- Range-bound chart held perfectly in 24H; Theta decay as expected in high IV.
- OI data supportive—no shift in 24H; no execution error.
5. How to Re-Strategize
Trade worked in 24H. To maximize safely: Hold for another 24H if range holds, or take 20% profit early and roll wings outward for wider buffer.
6. Forward View
Next: Monitor for continuation of 108K–110K range; re-enter similar Iron Condor if Stoch RSI stays neutral post-24H.
7. Metrics Snapshot
| Strategy Name | Iron Condor |
| Max Profit / Max Loss | ₹18,700 / ₹66,300 |
| Actual P&L (24H) | ₹3,825 |
| Win/Loss Ratio (Cumulative) | 1 / 0 (100% Win) |
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Disclaimer
Options trading involves significant risk and is not suitable for every investor. Please ensure you understand the risks involved and consult with your financial advisor before participating. Past performance does not guarantee future results. Trade responsibly.
