Hi fellow traders,
I just want to hear from you how much ROI we can expect per day on option selling in Nifty & Banknifty. Also, whats the max SL% per day.
On any day, My SL is 1% and ROI expectation is between 1.5% to 2% (Very rarely >2%)
My target per day is 0.1percent of account value. That makes it 0.5 percent per week. And per year it works out to be around 26 to 30 percent if compounding is considered. Additional 5 to 6 percent from pledged securities. So that adds up around 32 to 35 percent. SL of around 1 percent of account value and it get hits 3 to 5 times in a year. So reduce 5 percent from 32 to 35. Annual return is around 27.
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Your SL of 1% hits only 5 time max in an year? Considering 350 trading days in an year, you seem to be on +ve MTM for 345 days which implies your strategy has 98.5% win rate.
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There are only 250 trading days.