This is a variation to BN Straddle SL 40 PT ATC strategy shared earlier. Here we are selling CE-PE legs having premium closer to 200 points so it will be a strangle on days far from weekly expiry and inverted strangle on days near to weekly expiry Entry time : 0930 Instrument : Sell Bank Nifty weekly CE and PE leg having premium closest to 200 points E.g. in below option chain we will select 39300 CE which is at 185.5 (14.5 points away from 200 points) and 38000 PE which is at 200.5 (0.5 points away from 200) Stop-Loss : 40 points on both legs and adjust the SL to cost for a leg if other leg's SL is hit Target: 95% on both legs Trailing Stop Loss : 5% by 3% on both legs ( Added this from 10-Apr-23 onwards ) Exit Time : 3 PM Slippage : 0.5% Note (9-Apr-23) : A target of 95% and TSL of 5% by 3% on both legs is introduced to handle the reversals in market in optimal way Note (26-Jul-23) Back testing and actual PnL is adjusted assuming Bank Nifty lot size as 15 for all the years Not