This is the performance of our trading system called “Theta” that trades with two lots of BankNIFTY options shared here. It gets updated on every six months.

  • Capital Requirement – 150,000 INR.  So the margin comes around 130,000 INR with two lots. Additional 20,000 INR is for managing the drawdowns.
  • Trading Rationale – It takes three types of trade.
    • One is positional BankNIFTY strangles or delta neutral strangles based on support and resistance along with fundamental cues.
    • Second is intraday trades on the weekly BankNIFTY expiry.
    • The third is an intraday trade with stop loss based on momentum trading.