BANK NIFTY

POINTS STLP
DATE
PER LOT LEGS

Mon, Oct 25, 21

Fri, Oct 22, 21 -43.82 1
Thu, Oct 21, 21 -91.46 2
Wed, Oct 20, 21 5.4 1
Tue, Oct 19, 21 58.89 1
Mon, Oct 18, 21 -59.19 1
Thu, Oct 14, 21 63.48 1
Wed, Oct 13, 21 4.13 1
Tue, Oct 12, 21 46.6 1
Mon, Oct 11, 21 24 1
Fri, Oct 8, 21 -78.2 1
Thu, Oct 7, 21 83.6 1
Wed, Oct 6, 21 -116.4 2
Tue, Oct 5, 21 68.1 1
Mon, Oct 4, 21 75.6 0
Fri, Oct 1, 21 93.9 0
Thu, Sep 30, 21 -99 2
Wed, Sep 29, 21 94.34 1
Tue, Sep 28, 21 123.43 1
Mon, Sep 27, 21 72 0
Fri, Sep 24, 21 -6.9 1
Thu, Sep 23, 21 72.49 1
Wed, Sep 22, 21 51.49 1
Tue, Sep 21, 21 -112.58 1
Mon, Sep 20, 21 -188.01 2
Fri, Sep 17, 21 -223.22 2
Thu, Sep 16, 21 -57.67 2
Wed, Sep 15, 21 85.87 1
Tue, Sep 14, 21 24.15 1
Mon, Sep 13, 21 83.55 0
Thu, Sep 9, 21 72 1
Wed, Sep 8, 21 15.42 1
Tue, Sep 7, 21 -156.03 2
Mon, Sep 6, 21 42.72 1
Fri, Sep 3, 21 40.71 1
Thu, Sep 2, 21 -66.88 2
Wed, Sep 1, 21 -38.66 1
Tue, Aug 31, 21 -20.32 1
Mon, Aug 30, 21 74.34 1
Fri, Aug 27, 21 13.83 1
Thu, Aug 26, 21 65.37 1
Wed, Aug 25, 21 94.85 1
Tue, Aug 24, 21 75.05 1
Mon, Aug 23, 21 -17.07 1
Fri, Aug 20, 21 5.25 1
Wed, Aug 18, 21 40.51 1
Tue, Aug 17, 21 55.87 1
Mon, Aug 16, 21 -3.55 1
Fri, Aug 13, 21 -85.5 1
Thu, Aug 12, 21 109.47 1
Wed, Aug 11, 21 120.57 1
Tue, Aug 10, 21 16.75 1
Mon, Aug 9, 21 -168.48 2
Fri, Aug 6, 21 131.08 0
Thu, Aug 5, 21 127.42 1
Wed, Aug 4, 21 77.9 1
Tue, Aug 3, 21 67.9 1
Mon, Aug 2, 21 -14.1 1
 NOTES

Rollercoaster day ended flat.

Strong trending upmove. Stoploss hit on CE side. PE expire worthless.

Trending market, however decay was very less for some reason.

Expiry days are tricky. Usually due to low premium, stoploss gets hit very early.

Even after stoploss was hit, position was already in good profit.
Easy day.
IV's crushed the entire day.

At one point profit was almost 175 points. Started reversing from 2:30 PM.

Worst case scenario played out. V shape recovery both side stoploss were hit.

BN: 50 pts slippage. Reduced position size when it was at breakeven. Freak trade on PE side today.
NSE completely removed execution ranges. No option freeze, but no high price range.
BN PE order cancelled by exchange. Will record it as exit on PE with 20 point slippage.

BN: Stoploss hunting today. In the end BN came into profit.

RBI policy day.

BN: Day target achieved, without day target it would be 50 points more.

BN Slippage of 22 points on PE side

 AUG SEP OCT
2021 767 -171 135

FRI MON TUE WED THU

AVG -15 -7 21 36 25
MAX 131 84 123 121 127

BN
TOTAL TRADES 58
MAX WINNING STREAK 5
MAX LOSING STREAK 4
MAX PROFIT 131
MAX LOSS -223
AVERAGE PROFIT 64
AVERAGE LOSS -82
WIN % 64
LOSS % 34

STLP LEGS 0 1 2
DAYS COUNT 5 43 9

PE side today.
 POINTS STLP
DATE
PER LOT LEGS

Mon, Oct 25, 21

Fri, Oct 22, 21 -29.6 1
Wed, Oct 20, 21 50.85 0
Tue, Oct 19, 21 26.04 1
Mon, Oct 18, 21 7.91 0
Wed, Oct 13, 21 -2.27 1
Tue, Oct 12, 21 24 1
Mon, Oct 11, 21 8.6 0
Fri, Oct 8, 21 -13.3 1
Wed, Oct 6, 21 27.6 1
Tue, Oct 5, 21 33.1 1
Mon, Oct 4, 21 15.5 0
Fri, Oct 1, 21 31.6 0
Wed, Sep 29, 21 7 1
Tue, Sep 28, 21 -30.1 1
Mon, Sep 27, 21 14.7 0
Fri, Sep 24, 21 9.05 0
Wed, Sep 22, 21 8.03 0
Tue, Sep 21, 21 47.01 1
Mon, Sep 20, 21 7.13 1
Fri, Sep 17, 21 22.95 0
Wed, Sep 15, 21 6.25 1
Tue, Sep 14, 21 13.12 0
Mon, Sep 13, 21 -2.44 1
Wed, Sep 8, 21 5.78 1
Tue, Sep 7, 21 -24.96 1
Mon, Sep 6, 21 8.93 0
Fri, Sep 3, 21 -53.73 1
Wed, Sep 1, 21 30.19 0
Tue, Aug 31, 21 24.82 1
Mon, Aug 30, 21 2 1
Fri, Aug 27, 21 -2.05 0
Wed, Aug 25, 21 21.53 1
Tue, Aug 24, 21 9.77 1
Mon, Aug 23, 21 10.82 1
Fri, Aug 20, 21 -57.37 1
Tue, Aug 17, 21 3.88 1
Mon, Aug 16, 21 9.78 0
Fri, Aug 13, 21 4.28 1
Wed, Aug 11, 21 17.70 1
Tue, Aug 10, 21 9.44 1
Mon, Aug 9, 21 -16.94 1
Fri, Aug 6, 21 -11.88 1
Wed, Aug 4, 21 30.62 0
Tue, Aug 3, 21 25.45 1
Mon, Aug 2, 21 4.60 0
Fri, Jul 30, 21 -51.15 2
Wed, Jul 28, 21 27.75 1
Tue, Jul 27, 21 7.75 1
Mon, Jul 26, 21 5 0
Fri, Jul 23, 21 -11 1
Tue, Jul 20, 21 4.5 1
Mon, Jul 19, 21 13.8 1
Fri, Jul 16, 21 6.2 0
Wed, Jul 14, 21 -1.2 1
Tue, Jul 13, 21 9 0
Mon, Jul 12, 21 17 1
Fri, Jul 9, 21 14 0
Wed, Jul 7, 21 19 1
Tue, Jul 6, 21 19 1
Mon, Jul 5, 21 -4 0
Fri, Jul 2, 21 14 1
Wed, Jun 30, 21 12 1
Tue, Jun 29, 21 -5 1
Mon, Jun 28, 21 -1 0
Fri, Jun 25, 21 16 0
Wed, Jun 23, 21 20 1
Tue, Jun 22, 21 19 1
Mon, Jun 21, 21 32 1
Fri, Jun 18, 21 15 1
Wed, Jun 16, 21 -9 1
Tue, Jun 15, 21 6 0
Mon, Jun 14, 21 15 1
Fri, Jun 11, 21 13 0
Wed, Jun 9, 21 13 1
Tue, Jun 8, 21 -7 1
Mon, Jun 7, 21 -13 1
Fri, Jun 4, 21 13 0
Wed, Jun 2, 21 20 1
Tue, Jun 1, 21 -3 1
 NOTES

Stoploss hit and then immediately reveresed. Could have a profit of 20 points, oh well.
Extremely easy day & best day ever.

Easy trending day.

Entire decay happened in last 45 minutes.

Down trending market, premium eroded a lot due to Wednesday.

Easy trending day after stoploss was hit.
Easy day.
Easy day. At no point positions came close to stoploss.
Next time will start partial profit booking at 15 points. Max profit at one point was 22 points.
At one point was in profit of 20 points. Sometimes its okay to book partial profit.

Slippage of 14.05. High was almost 650 points higher i.e. 803.
Last 15 minute 40 points roller coaster, else position was always in profit.

Lot size of Nifty reduced to 50.

NSE completely removed execution ranges. No option freeze, but no high price range.

1 side order was placed a little late, else there was a profit of 4 points.

This is small loss inspite of sudden news on FM speech.

 JUN JUL AUG SEP OCT
2021 156 90 86 69 180

FRI MON TUE WED

AVG -4 7 10 16
MAX 32 32 47 51

TOTAL TRADES 80
MAX WINNING STREAK 8
MAX LOSING STREAK 2
MAX PROFIT 51
MAX LOSS -57
AVERAGE PROFIT 16
AVERAGE LOSS -17
WIN % 73
LOSS % 26

STLP LEGS 0 1 2
DAYS COUNT 26 52 1
 POINTS STLP
DATE
PER LOT LEGS HIT

Oct 20, 2021 -13 3

Oct 14, 2021 125 2
Oct 7, 2021 12 3
Sep 30, 2021 10 3
Sep 23, 2021 -4 3
Sep 16, 2021 -70 5
Sep 9, 2021 102 1
Sep 2, 2021 37 3
Aug 26, 2021 11 2
Aug 18, 2021 -21 3
Aug 12, 2021 39 3
Aug 5, 2021 -30 5
Jul 29, 2021 11 2
Jul 22, 2021 7 3
Jul 15, 2021 -9 3
Jul 8, 2021 24 3
Jul 1, 2021 34 1
 NOTES

Position cannot be in profit, since 3 stoploss are hit.

Good day. Stoploss were hit after 3:00 PM.
All CE side stoploss were hit.
All PE side stoploss were hit.
All CE side stoploss were hit.
First 2 PE's, then all CE stoploss were hit.

All CE side stoploss were hit.

All PE side stoploss were hit. Since premiums were high on PE side, so couldn't be profitable.
All CE side stoploss were hit.
Almost worst case scenario played out today.
Nifty lot size is now 50
Personally exited.1 PE leg early, else profit would be +5 points. All CE stoploss hit.
All CE side stoploss were hit.
Today market closed approx. 1% lower from opening price. Continuously trending down.
 JUL AUG SEP OCT
2021 67 -1 76 124

TOTAL EXPIRIES 17
MAX WINNING STREAK 3
MAX LOSING STREAK 2
MAX PROFIT 125
MAX LOSS -70
AVERAGE PROFIT 37
AVERAGE LOSS -24
WIN % 65
LOSS % 35

STLP LEGS 0 1 2 3 4 5 6
DAYS COUNT 0 2 3 10 0 2 0
SYSTEM TRADING STRATEGIES:
EXPIRY TRIPLE STRADDLE (BY @jigspatel1988)
Sell straddle ATM, ATM-50, ATM+50 at 9:20 AM by taking Nifty Spot price.
eg: Nifty is trading at 15720. Sell straddle 15700(ATM), 15650(ATM-50), 15750 (ATM+50)
Stoploss of 80% on every leg and run your trade till 3 PM. Personally I'll let it expire.
Once SL hit in any leg just keep holding other leg till 3PM with SL.
Protit/Loss column shows amount is points per lot i.e. tripple straddle is run with 1 lot. Brokerage of Rs. 20 per lot is deducted
https://twitter.com/jigspatel1988/status/1410454201927290881 (Backtested results)

BANKNIFTY SHORT STRADDLE 9:35 AM (FOLLOWED BY @GhanshyamRaj)

Initiate Short Straddle at 9:35 AM, doesn't have to be exact.
Place a stoploss of 30% in each leg.
If one stoploss is hit, continue holding the other one. DO NOT change the stoploss.
Close the trade at 2:55 PM.

NIFTY SHORT STRADDLE 12:15 PM

Initiate Short Straddle at 12:15 PM
Place a stoploss of 30% in each leg. On Wednesday set stoploss af 40%.
If one stoploss is hit, continue holding the other one. DO NOT change the stoploss.
Close the trade at 3:25 PM.
Skip this trade on expiry day.

FAQ's
What is 80% stoploss in each leg?
Example: My entry price for 15900 PE was 49.5, calculate 80% i.e. 49.5 * 1.8 = 89.
Put 89 as stoploss-limit in your system for this strike.
Repeat this for all strikes.
What is POINTS PER LOT mean?
It's an easier way to calculate how many points you would have made per lot.
For eg: Nifty lot size is 50, so to calculate your profit/loss in rupees just do 50 * points.
What is STLP legs?
Whether on a given, 0, 1 or 2 (both) stoploss were hit. 2 is the worst case scenario which can happen in V shape market.
How do I place stoploss?
All stoploss are in the system with limit. For eg: if my stoploss of 30% is 100, then 100 is my trigger price & 110 is my limit pric
Are these real trading results?
YES!
 BANK NIFTY 9:35 STRADDLE NIFTY 12:15 S
DATE STRIKE CE ENTRY PE ENTRY CE STLP/EXIT PE STLP/EXIT STRIKE

Oct 25, 2021

Oct 22, 2021 40300 415.74 428.84 -543.4 -345 18150

Oct 21, 2021 39600 162.21 128.93 -210.6 -172
Oct 20, 2021 39400 292 240.65 -381.5 -145.75 18300
Oct 19, 2021 39900 311.87 262.52 -172.5 -343 18550
Oct 18, 2021 39800 342.64 353.57 -296.5 -458.9 18500
Oct 14, 2021 38800 134.1 104.36 -174.98 0
Oct 13, 2021 38700 228 199.13 -161.7 -261.3 18150
Oct 12, 2021 38200 294.91 260.39 -382.9 -125.8 17900
Oct 11, 2021 38100 274.38 302.42 -357.3 -195.5 18000
 NIFTY 12:15 STRADDLE
CE ENTRY PE ENTRY CE STLP/EXIT PE STLP/EXIT

149.95 145.49 -136.54 -188.5

107.05 77.6 -67.65 -66.15

97.24 80.15 -47.5 -103.85
108.86 103.1 -99 -105.05

53.77 70.01 -75.5 -50.55

87.05 91.6 -113.7 -41
104.55 91.17 -73.15 -114
 TMP AREA - ENTRY PRICES TRIPLE STRA
BN 9:35 NIFTY 12:15 STRIKE
0 0 CE Entry Price 18300 CE
0 0 PE Entry Price 18300 PE
CE STLP Hit 18350 CE
PE STLP Hit 18350 PE
0.0 0.0 CE STLP 18400 CE
0.0 0.0 PE STLP 18400 PE
0.0 0.0 Entry / Breakeven

This sheet is just for calcualtion purpose. Ignore this unless you want to track my entry price for the day.
 TRIPLE STRADDLE
ENTRY STOPLOSS STOPLOSS HIT
0.0
0.0
0.0
0.0
0.0
0.0
0 0

track my entry price for the day.