let me do an option backtest seminar so that folks can do their own tests , than bugging me to do that and to do this et.al , all these am doing in real time , so don't interrupt in between
too many poppy seeds in that oliga , bit sleepy , but as students asked for , we will do an online seminar , per students choice we will be learning debit spreads #optionseminar
after searching bit of literature online and dialing into tom sosnoff ( which i believe is a popular cut copy paste site, sorry inspiration if you call that way , for our india's master option trainers ) , correct me if iam wrong
debit spread is apparently a favorite strategy for directional plays in low implied volatility environments
it seems iron condor is a popular nifty weekly expiry , and getting coverage in business news channels and an option trading seminar circuit is about be launched ?? per sources
we take a a pen and pencil , and on wed close short ATM PE and ATM CE of bnk nifty index and buy atm + 100 ce , and atm -100 pe and on thu close we let it expire !!
as an example trade on 19 mar 2019 with bnidx at 19767 , we short 29800 pe at 111 and 29800 CE at 131 , and buy 29700 pe for 73 and 29900 CE at 86 , for the 20mar2019 expiry series