Shubham Upadhyay
Noida
Summary
Results-driven Derivatives Trader with more than four years of experience in developing and executing sophisticated trading strategies that enhance capital efficiency and mitigate risk. Expertise lies in delta-neutral strategies, advanced technical analysis, and comprehensive Open Interest analysis, driving consistent returns even in volatile market conditions. Demonstrated ability to implement rigorous risk management protocols, ensuring capital stability during market fluctuations. Passionate about leveraging analytical skills to create high-probability trading setups and achieve optimal performance. Committed to continuous improvement in trading methodologies to adapt to evolving market dynamics.
Overview
5
5
years of professional experience
Work History
Derivatives Trader
ITRADEDJ Capital Solutions Pvt Ltd
05.2022 - 10.2025
- Designed and executed delta-neutral options strategies, including Iron Fly, Iron Condor, Calendar Spreads, and Ratio Spreads, consistently achieving risk-adjusted returns while maintaining maximum loss caps below 2% of capital.
- Deployed trend-following systems across equity and index options, incorporating dynamic position sizing and stop-loss protocols; captured directional moves with win rates above 60% in volatile regimes.
- Implemented mean-reversion frameworks on high-probability setups (e.g., post-earnings IV crush, overbought/oversold RSI extremes), generating returns in range-bound markets.
- Conducted in-depth Option Chain and Open Interest (OI) analysis to identify implied volatility skews, max pain, and gamma exposure imbalances; used insights to adjust strikes and expiration for 10–15% edge in premium collection.
- Leveraged advanced technical analysis (multi-timeframe price action, volume profile) to exploit price delivery anomalies; achieved positive expectancy on intraday and swing setups with favorable risk reward ratio.
- Maintained rigorous risk management—VaR limits, and Greeks monitoring—ensuring capital drawdowns stayed under 4% during black-swan events and overnight trade carried forward risks.
- Monitored and traded event-driven opportunities (e.g., earnings, RBI Policy) via straddle/strangle adjustments, achieving favorable outcomes on implied vs. realized volatility trades.
Forex Trader
FTMO
12.2020 - 03.2022
- Analyzed forex market trends to identify profitable trading opportunities.
- Executed trades across multiple currency pairs while managing risk effectively.
- Developed and refined trading strategies to enhance portfolio performance.
- Monitored economic indicators and geopolitical events impacting currency fluctuations.
Education
NISM-Series-VIII: Equity Derivatives Certification -
National Stock Exchange
Delhi08-2025
Master of Commerce -
IGNOU Delhi
Delhi01-2019
Bachelor of Commerce -
Shaheed Bhagat Singh College (University of Delhi)
Delhi01-2015
12th - undefined
Our Own English High School
Sharjah01.2012
10th - undefined
Our Own English High School
Sharjah01.2010
Skills
- Technical Analysis
- Risk Management
- Delta Neutral Strategies
- OI Analysis
- Systematic Trading
- Proficient in multi-timeframe analysis
- Hedging techniques
- Mean-reversion strategies
- Economic indicator monitoring
Timeline
Derivatives Trader
ITRADEDJ Capital Solutions Pvt Ltd
05.2022 - 10.2025
Forex Trader
FTMO
12.2020 - 03.2022
12th - undefined
Our Own English High School
10th - undefined
Our Own English High School
NISM-Series-VIII: Equity Derivatives Certification -
National Stock Exchange
Master of Commerce -
IGNOU Delhi
Bachelor of Commerce -
Shaheed Bhagat Singh College (University of Delhi)