13 July 2023
expiry day is always profitable
@trading_technicals and @Chirayu08 would you guys mind sharing some details of the strategy you guys use?
@Chetan_Nahata i just tried today with the same link @Priyank_Mehta had shared in the first comment, i am also trying on paper trade itself, its a simple strangle with choppiness indicator
Expiry day turned out to be profitable even for options buying. Thanks to the swift movements in the end
I can give you a brief but I want to test this strategy in paper trade first for at least 2 weeks before making it live. I’ll try to post results here every day. If the strategy works. I’ll share something
Are the results shown in streak for any backtests and paper trades adjusted for all the applicable charges or not?
No for paper trade the charges are not accounted. But in backtest, there is a button to calculate the brokerage. like shown in the image
18 July 2023
Loss in strangle of apprx 1k
I have also deployed a Bear Call Spread for this expiry, lets see how it turns out. the logic behind trying this, i have explained here - Introducing technicals dashboard - #81 by Priyank_Mehta
This can work. All the best
24th July 2023
Always try to keep a good Risk to Reward ratio. Testing the ABS TPSL type for this strategy. Hit the target today
I have recently started systematic trading and using the Streak platform like you guys.
Had faced severe losses in the past in options. Hope to bring my trading back on track.
Testing some strategies on Paper trade will share those if I feel they will help others.