Entry: To be taken 17 trading days before expiry day (expiry day to be excluded). Please exclude any trading holidays also while counting 17 trading days Instrument: Sell a Nifty Monthly PUT rounded to near by 100 which is away from ATM by 1.5 times the combined premium of ATM CE + PE monthly option on the entry day e.g. Say Nifty ATM on day of entry is 16400 and the combined premium of 16400 Monthly PE and CE option is 700. Then 700 *1.5 = 1050. 16400 - 1050 = 15350 so we can either sell 15300 or 15400 Nifty monthly PUT. Stop-Loss : 100 points. E.g. if the Nifty PUT was sold at 70 and the price reaches 170, position has to be exited Exit : Whenever the PUT's premium reaches below Rs. 5 or on monthly expiry day at 1520 Slippage: 0% Capital Needed: At entry time a capital of 65-70 k is needed to trade 1 lot. In case the option starts going towards ATM, capital needed might go to 1 Lakh for same. Back testing & Actual profit/Loss (Updated as of 26 Nov 2022) Back testing...