KARAN BHANUSHALI
Mumbai
Summary
Results-oriented Derivatives Trader with over 4 years of experience in the financial markets. Known for a strong attention to detail, critical thinking, and the ability to execute complex trading strategies. Skilled in analyzing market data, managing risk, and leveraging technical analysis to maximize profitability. A collaborative team player with a Bachelor's degree in Financial Markets from the University of Mumbai, committed to delivering high-performance results in fast-paced trading environments.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Derivative Trader
Mansukh Securities
07.2024 - Current
- Developing and executing Calendar Spread strategies, capitalizing on time decay and implied volatility shifts to enhance risk-adjusted returns.
- Opportunities for Advanced Strategy Implementation: Rejoining provides an opportunity to apply and refine Calendar Spreads using Nifty Straddle prices across different expiries.
- Utilizing Calendar strategies for earnings releases and key economic events, positioning for profitable outcomes in volatile or uncertain market conditions.
- Actively involved in structured trading and risk management, leveraging expertise in derivatives to support more strategic, high-level decision-making.
Derivative Trader
Arom Capital
09.2022 - 06.2024
- Designed and executed delta and gamma trading strategies, including Short Straddles and Short Strangles, to capitalize on market inefficiencies and optimize profitability.
- Managed risk and performance of complex option spreads such as Iron Condors and Iron Butterflies, utilizing advanced metrics and adjustment techniques to preserve favorable risk-reward ratios.
- Applied technical analysis to assess price action, identifying key supply and demand zones to anticipate potential reversal points and improve trade timing.
- Evaluated trade outcomes and strategy performance using detailed post-trade analysis to refine execution and continuously improve results.
Derivative Analyst
Mansukh Securities
08.2020 - 08.2022
- Analyzed option Greeks and executed trades using a range of derivatives strategies to capitalize on market movements and manage portfolio risk.
- Worked on calendar and diagonal spread strategies across various expiry combinations, including week-to-week, month-to-week, and month-to-month setups.
- Gathered and evaluated options data using tools such as the option chain, implied volatility, and India VIX to support informed trading decisions.
- Adjusted strategies based on market conditions to reduce risk and improve trade performance.
Currency & Equity Derivative Dealer
KRM Securities Pvt Ltd
03.2018 - 03.2019
- Executed buy/sell transactions of securities as per client instructions, ensuring accuracy and timeliness.
- Generated trades based on daily equity and currency market research reports, leveraging market insights to inform trading decisions.
- Provided trade advice in futures and options, utilizing option chain analysis to develop optimal strategies.
- Advised clients on investment products, including mutual funds, SIPs, PMS, etc., tailoring recommendations to meet their financial goals.
Education
B.Com - Financial Markets
Mumbai University
08.2017
HSC - undefined
Maharashtra Board
05.2014
SSC - undefined
Maharashtra Board
06.2012
Skills
- Adaptable learner
- Effective team contributor
- Microsoft Office
- Trading Terminals
- Strong organizational skills
- Market trend analysis
Certification
- NISM-Series-XV: Research Analyst
- NISM-Series-VIII: Equity Derivatives
- NISM Series I: Currency Derivatives
- NSE Academy: Derivative analytics
- GTF Institute: Trading In The Zone
Timeline
Derivative Trader
Mansukh Securities
07.2024 - Current
Derivative Trader
Arom Capital
09.2022 - 06.2024
Derivative Analyst
Mansukh Securities
08.2020 - 08.2022
Currency & Equity Derivative Dealer
KRM Securities Pvt Ltd
03.2018 - 03.2019
HSC - undefined
Maharashtra Board
SSC - undefined
Maharashtra Board
B.Com - Financial Markets
Mumbai University
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