Trader Claims Rs 61 Lakh Loss After Oversleeping

An F&O trader, Mayank Raj, claimed a Rs 61 lakh loss on October 9 after oversleeping and missing his stop-loss on shorted Nifty call options. He had shorted 22,000 calls expiring October 13, incurring a Rs 71 lakh loss, partially offset by a Rs 10 lakh profit from buying 22,500 calls. He attributed the loss to lack of discipline, not a flawed trade setup.