We all are afraid of holding overnight naked positions. Here are the 2 backtest reports for 15 months using @stockmock_in for positional strategy to get theta decay.
1. Took short straddle on 3 days before expiry that is mostly Monday at 3.27pm and square of next day at 9.18am
1. Took short straddle on 3 days before expiry that is mostly Monday at 3.27pm and square of next day at 9.18am
2. Took short straddle position on 2 days before expiry that is mostly on Tuesday at 3.27pm and square off next day at 9.18 am.
Margin required for single lot positional straddle approx 1.5 lakhs.
Margin required for single lot positional straddle approx 1.5 lakhs.
Summary:
1. Mon to Tue positional strategy gave 25k profit. ROI 16%
2. Tue to Wed positional strategy gave 49k profit. ROI 32%
Remove 8% profits for slippages and charges, still getting 40% returns trading just 2 days.
Historical performance cannot guarantee future results
1. Mon to Tue positional strategy gave 25k profit. ROI 16%
2. Tue to Wed positional strategy gave 49k profit. ROI 32%
Remove 8% profits for slippages and charges, still getting 40% returns trading just 2 days.
Historical performance cannot guarantee future results
