Single Post
The Famous 9.20 Straddle Strategy for Bank Nifty Options
Strategy Name – 9.20 Straddle
Instrument – Bank Nifty
Timeframe – Weekly Options
Days to Trade – All Days
Margin Requirement – 1.70 lacs per lot
Yearly Returns – approx – 100%
Strategy Rules
Entry Time – At 9.20 A.M.
If Bank Nifty Index Spot Price is 35000, Then Short Sell – 35000 CE and Short Sell – 35000 PE, simultaneously.
Stop Loss – 25% from the Entry Price.
MTM Stop Loss – Rs 2500/- per Lot.
The Strategy Backtest Results for 1 Year from 1st September 2020 to 31st August 2021
The above strategy shows high Win Ratio of 60% generating returns of approx 100% annually which is almost close to 8%* returns per month.
Key Points of the 9.20 Straddle
- High Returns – 10% monthly
- 12 Positive Months from last year
- Avg Profit/Avg Loss Ratio is 1:1
- High Win Ratio – 60%
- Maximum Drawdown is very very low
- Very good Returns to MDD Ratio
With our Just Algo – Straddle Tool, this strategy can be easily executed everyday with a click of a button with discipline and can generate excellent returns.
Do check out Short Straddle Algo Now
*Kindly Note – We, at Just Algo believe, Anything above 4-5% returns per month is an excellent expectation for a long term intraday trader in options selling
Do check out Short Straddle Algo Now
*Kindly Note – We, at Just Algo believe, Anything above 4-5% returns per month is an excellent expectation for a long term intraday trader in options selling
Available now on iOS & Android.
