In this post I will be talking about the bank nifty strangle with CE/PE strike selected such that premium is less than or equal to 100 at entry time. Also once the SL is hit for a leg the re-entry in that leg will be taken in the option having premium <= 100 at that point of time. This is the re-execution strategy of Stock Mock as shared in below video: Instrument : Bank Nifty CE and PE weekly option which is trading less than or equal to premium of 100 point at 0919 Entry: Enter once the option price drops by 2 point (Wait & Trade of 2 points down) Stop Loss - 25% on each leg, MTM SL of -2000 per lot Target Profit - 75% Re-execution : Re-execute the same premium (not strike) leg once SL is hit and the price drops by 2 point for this option. This is similar to applying wait and trade to re-execute option in Stockmock. Re-execute should happen 2 times. E.g. say at 0919, 34200 CE is trading near to and less than 100 say at 98 and 32800 PE is trading near to and less than say