Nifty-Bank Nifty options trading strategies

Note: I am not a SEBI registered advisor and sharing strategies for learning purpose only Entry time : 0918 Instrument : Sell Nifty monthly CE and PE option which is trading at a price greater than or equal to 10 at 0918 Stop-Loss : 4 points on both CE/PE leg Exit : 1520 Slippage : 0.5% Capital: 3,17,000 Back Testing (Updated as of 30-May-25) Actual trade based profit/loss (Started trading from 12-May-25)

This blogpost is to show the actual trade data for the  Mr. Option Nifty delta neutral M T TH RA algo by Jainam Broking Ltd. at Algo test as per the trades taken by me for same in Algo test platform. Incidentally this is the only RA strategy which I am able to run for more than a month continuously.  The actuals are way off as compared to back test on monthly basis but are better than back test profit overall. The data is per lot and doesn't include brokerage/charges. Actual trade based profit/loss (Started trading from 9-Jan-25 Updated as of 30-May-25)

  Note: I am not a SEBI registered advisor and sharing strategies for learning purpose only Logic of the strategy: This is a intra-day strategy and  has to be executed on Sensex 1 day before expiry and on expiry day At 0922 sell Sensex ATM CE/PE weekly options based on spot with target of 50% and SL of 60% on both legs In case SL is hit for any leg Sell 100 PT opposite leg with SL of 50% e.g. if SL is hit on ATM CE then sell 100 Point PE In case target is hit for legs taken in point 2 then again sell the ATM leg of same side with target of 50% and SL of 60%. E.g. if ATM CE taken in point 2 hits the target then again ATM CE will be sold.  If SL is hit on any legs taken in point 4, then follow logic of point 3.  Exit at 15:15 Keep a MTM SL of 4k per lot Stock Mock link for the strategy ->  Sensex 1DTX & XD Adjustment Back Testing Details  (Updated as of 23-May-25) Actuals (Started trading from 12-Jul-24)