Day-5 Iron condor journal

Day-5 Iron condor journal Continuing the journal with both active positions, as suggested by a few members. 🔹 15 Sept Expiry — Position Management Market continued to move lower, so I adjusted the call side: Closed previous short 24,100 CE Shifted it to short 24,000 CE No change to the PE side Current P&L: -₹176 Greeks: Delta: +13 Theta: +1,075 Gamma: -0.18 Vega: -1,731 Decay: +720 The adjustment is primarily to keep the structure aligned with the continued downside. 🔹 22 Sept Expiry — Position Management For the newer position: Added 1 additional lot Adjusted one short CE leg, bringing the short CE structure to 24,200/24,300 PE side remains at 23,300 short / 23,000 long Current P&L: -₹692 Greeks: Delta: +3 Theta: +685 Gamma: -0.099 Vega: -2,048 Decay: +500 Both positions are being managed according to the underlying's movement rather than making adjustments mechanically.