Fin Nifty Expiry day ATM Straddle with leg level stop loss

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