Nifty-Bank Nifty options trading strategies

Expiry day journey strategy which is run on the all the index options on their expiry day except for Mid Cap Nifty ->  Expiry day Journey strategy . As MTM swing is huge for this, I am executing with less lots (2).  These strategies are running in Algo Test Back Testing for Bankex Expiry day (Updated as of 9-Aug-24) Back testing for Fin Nifty Expiry day (Updated as of 9-Aug-24) Back Testing for Bank Nifty Expiry day (Updated as of 9-Aug-24) Back Testing for Nifty Expiry day (Updated as of 9-Aug-24) Back testing for Sensex Expiry day (Updated as of 9-Aug-24)

Sensex Journey strategy on Thu/Fri as detailed out by Stock Mock @  Stock Mock Sensex Journey This strategy is running in Algo Test Back Testing Details (Updated as of 30-Sep-24) 1DTX (Thursdays) Actuals (Started trading from 4-Jul-24) 0DTX (Fridays) Actuals (Started trading from 5-Jul-24)

 Delta Neutral strategy which I run for Monday to Wednesday is Bank Nifty Delta Neutral strategy as described by Algo test @  Algo test Delta Neutral This strategy is running in Algo Test Back testing details (Updated as on 1-Oct-24) Actuals ( Started trading from 26-Jun-24)

In this blog post, I will be talking about the various trading platforms I have used in past 3 years of Algo trading.  Tradetron Tradetron was the first platform which I started using in Jun' 21 which was the start of my algo trading journey. Coming to the advantages of the platform, it is a no code platform which means you have lot of flexibility in setting up the strategies in the way you want. Even without knowing coding you can set up the Tradetron to execute your trading logic.  This platform can be used to set up simple time based straddles, strangles as well as complex strategies e.g. legs with varying SL, varying entry/exit times etc. During my start of trading journey there were lot of strategies floating on YT which were using Super trend. Was able to automate them using this platform but found that their returns were not as good as advertised.  It even provides the logic for stock options trading which is not usually available on other trading platforms. Along with this

  Entry time : 0918 Instrument : Sell Bank Nifty weekly CE and PE option which is trading at a price greater than or equal to 10 at 0918 Please note both CE and PE should be sold e.g. if BN 37200 CE is trading at 11 and BN 33100 PE is trading at 12, I will sell BN 37200 CE (Weekly) and BN 33100 PE (Weekly) Stop-Loss : 9 points on both CE/PE leg Exit : 1520 Slippage : 0.5% Capital: 97,000 Back Testing (Updated as of 30-Aug-24) Actual trade based profit/loss (Started trading from 9-Jan-24) Profit/Loss for Aug '24 Reason for high slippage b/w actual and back testing Historical Trades Jul 24 Jun 24 May 24 Apr 24 Note: I am not a SEBI registered advisor and sharing strategies for learning purpose only

Entry time : 0930 Instrument : Sell Fin Nifty weekly ATM CE and PE leg based on spot Stop-Loss : 70% at leg level with adjust to cost MTM SL: 1800 per lot Revised to 1400 per lot after revision of FINNIFTY lot size Target:  95% on both legs MTM Profit target : 90% of overall premium Exit Time : 3:20 PM Slippage : 0.5% Back testing (Updated as of 9-Aug-24) Actual trade based profit/loss (Started trading from 30-Jan-24 ) Profit/Loss for May 2024 Reason for high difference b/w actual and back testing Historical Trades Jun 2024 Reason for high difference b/w actual and back testing 4-Jun-24: SL Limit order skipped and market order had very high slippage May 2024 Apr 2024 Note: I am not a SEBI registered advisor and sharing strategies for learning purpose only

Entry time : 0930 Exit time    : 1455 Day                : Sensex expiry day only Instrument:  Sensex Strike : Sell ATM CE & PE based on SPOT price and Buy OTM10 CE/PE as hedge Stop Loss: 50% for both ATM legs with adjust to cost i.e. if SL is hit for 1 leg then SL for other leg will be adjusted to its entry price. No SL for hedges (OTM10 CE/PE) Slippage : 0.5% Capital:  43k per lot Note (8-Jun-24): I am running this strategy from past month (May '24) without OTM10 hedges and results are more or less in line with back test.  May be this is more so as there were not many spikes in Sensex on expiry day in past 1 month. However in past there used to be spikes in Sensex index and there is a chance that because of that strategy wouldn't have given returns similar to what back test shows.  The absolute returns of this strategy are same in both hedged version and non hedged version. This is because on few days hedges gave good profit which had offset hedging cost of other days.  B

 In this post I will be talking about the bank nifty buying system based on range breakout. In case you don't have a background on range breakout buying system please refer to Stock Mock YT video @  Stock Range breakout Buy Now we will go direct to the system Instrument:  Bank Nifty CE and PE weekly option which is ATM option at 0930 Entry:  Enter in ATM CE or PE option whichever breaks high range between 0930 to 1100 after 1100 first. Only one entry will be taken E.g. say at 0930 ATM options are 47100 CE and PE. Now 47100 CE highest premium is 200 and lowest is 160 between 0930 to 11. In same 47100 PE highest premium is 180 and lowest is 140 between 0930 to 11. Now if 47100 CE goes above 200 after 1100 then it will be bought.  In case before 47100 CE goes above 200, 47100 PE goes above 180, then PE option will be bought. This is known as Range breakout strategy. Stop Loss -  75 points from the entry premium. E.g. if entry happened at premium of 200 then SL will be at 125 Exit -  E