Nifty-Bank Nifty options trading strategies

This is strategy as explained by Chetan Sir in this video Entry:  At 1235 Instrument:  Sell ATM CE and PE  Stop-Loss:  30 points at leg level and adjust to cost for one leg if other leg's SL is hit Exit:  1520 Capital Needed : Around 1,25,000 to 1,30,000 to trade 1 lot of ATM CE and PE. Returns are calculated based on a capital of 1,30,000 Note(5-Aug-23): I have stopped trading this strategy after 13-Jul-23 as returns for 2023 are not that good Note (3-Nov-23) : Re-started trading this strategy from 2-Nov-23 as it gave good returns in Oct month Back testing results  (Updated as of 4-Apr-24) Actual Results ( Started trading from 18-Aug-22 Stopped trading from 13-Apr-23 Started trading from 4-May-23 Stopped trading from 13-Jul-23  Started trading from 3-Nov-23 ) Week wise trade details for Mar 2024 Reason for high difference between actual trade result and back testing                                                                                      Historical Trades Feb 24 Reaso

 In this post I will be talking about the bank nifty buying system based on momentum.  Instrument:  Bank Nifty CE and PE weekly option which is trading near to premium of 100 point at 0935 Entry:  Enter once only into CE and PE when their premium becomes 15% more than that at 0935.  E.g. say at 0935, 39500 PE is trading at 103.8 (closest to 100 point) and 41900 CE is trading at 108.5. So we will buy 39500 PE once it price reaches 1.15 * 103.8 ~ 119.4. 41900 CE will be entered once it reaches 108.5 * 1.15 ~ 124.8 Stop Loss -  25% of entry price  Trailing Stop Loss - Trail stop loss by 1% for every 1% increase in profit Exit -  Exit at 1515 Capital Needed:  Assuming we will be buying option at average price of 115 and both CE and PE option can be traded at a given point of time so overall money need to buy the positions for 1 Lot of CE + 1 Lot of PE will be 115 * 2 * 25 = 5750. Now the drawdown for this strategy is 10k so thrice of that will be kept as buffer so trading capital for 1 lot