Author: Nishtha Mehrotra | EQMint

An Indian futures and options (F&O) trader, Mayank Raj, has reportedly incurred a loss of ₹61.31 lakh after failing to wake up in time to exit his positions. The incident has drawn attention to the risks of derivatives trading and the importance of executing a trading plan.

Mayank Raj Reports ₹61.31 Lakh Trading Loss

According to Inshorts, citing Moneycontrol, Raj said he suffered the loss on Friday, 9 October 2026, because he could not wake up on time. He reportedly explained that the loss was not caused by a mistake in his trade setup but by a failure to exit as planned.

Raj said his intended stop-loss was around ₹15 lakh to ₹20 lakh. However, the delayed exit resulted in a substantially larger loss. He also indicated that he would focus on recovering the amount gradually.

What the Nifty Options Screenshot Shows

The portfolio screenshot accompanying the report shows two Nifty options positions expiring on 13 October. The 22000 call option recorded a loss of ₹71.57 lakh, while the 22500 call option generated a profit of ₹10.26 lakh. Together, the positions resulted in a net loss of approximately ₹61.31 lakh.

Lessons for F&O Traders

The incident highlights the importance of risk management in derivatives trading. Options prices can fluctuate sharply, and delays in exiting positions can significantly increase losses. Traders should understand the risks of overnight and buy-today-sell-tomorrow (BTST) positions and consider appropriate risk controls, including available order-based exit mechanisms.

The reported figures and the trader’s explanation are based on the cited news report and have not been independently verified.

Source: https://shrts.in/x6wnaca4fl

Disclaimer: This article is for information purposes only and is not investment advice.

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