Nifty-Bank Nifty options trading strategies

Expiry day journey strategy which is run on the all the index options on their expiry day except for Mid Cap Nifty ->  Expiry day Journey strategy . As MTM swing is huge for this, I am executing with less lots (2).  These strategies are running in Algo Test Back Testing for Nifty Expiry day (Updated as of 31-Oct-24) Actuals (Started trading from 11-Jul-24) Back testing for Sensex Expiry day (Updated as of 31-Oct-24) Actuals  (Started trading from 5-Jul-24)

Sensex Journey strategy on Thu as detailed out by Stock Mock @   Stock Mock Sensex Journey This strategy is running in Algo Test Logic of the strategy is also described as below: On 1 day to Sensex expiry , at 0922 sell Sensex ATM CE/PE weekly options based on spot with SL of 60% on both legs In case SL is hit for CE option Sell ATM PE weekly option based on spot with SL of 25% If SL is hit for ATM PE sold in above step then buy an ATM put weekly option with Target as 40% and Stop loss as 25% In case SL is hit for PE option Sell ATM CE weekly option based on spot with SL of 25% If SL is hit for option sold in above step then buy an ATM put weekly option with target as 40% and stop loss as 25% Exit at 15:15 Keep a MTM SL of 5k per lot Back Testing Details (Updated as of 6-Dec-24) Actuals (Started trading from 4-Jul-24) Date wise trade details for Nov 2024: Reason for high difference between actual trades and backtesting 14-Nov & 22-Nov: Didn't trade because of Sensex expiry fall...