Feature | Select Closest Premium Strikes Using Straddle Premium | Stockmock

[@rajputjps]

This new feature gives one more contril over risk ans manuver and tweak premium as per the volatility.This feature is a very good feature to have different strategies in different volatile environment.

[@sushilkumarsharma9487]

Sir aapka backtest engine toh jabjust h lekin ydi aap isko algo bhi banado jis se order punch ho sake apni strategy conditions define karo or strategy run karo maza aa jayega

[@sulabh87]

you can use quantiply for that

[@mohankumar.k007]

Hi Nitish, Why there is two columns for choosing closest premium and for CP based straddle premium... Even after seeing your video on this topic - im a little bit confused... You could hav given at one place, what will happen if there is contradiction or why two places to choose the CP ~, >=,

[@rajputjps]

just backtested the 50% preimum of SP on BNF for 5 year.. ...for high Vix environement for a whopping exp. of 1.42 and RMDD of 39. !!!!!

[@John-nv3cx]

Mostly 50% SP is also going to choose ATM strikes but it will just ensure that on days where ATM premiums are imbalanced, 50%SP will help keep both legs balanced. Go with 50%SP

[@stockmock]

Bang on!

[@anupamshaw5284]

Agree to u tht 50% of sp will give you balance prem on both call n put n most probably it would be atm... But assume bnf straddle prem to be 1000 and atm ce is 400 and pe is 600.... Now if you choose 50% of sp then you will get otm put with 500 prem and itm ce with 500 prem..... N here the risk increases with itm being the strike the delta is higher and therefore sl hit chances will increase more in itm strikes

[@stockmock]

@@anupamshaw5284 your view is right but keeping similar premium manages Risk much better, and so if we have better risk management then better psychology.

[@manishkumar-lz8hh]

? Why not introducing technical entry exit in nifty and Bank nifty options like moving average or super trend type

[@rajputjps]

Good one...keep it up nitish!

[@ramesh938]

50% SP premium is preferable compared to ATM straddle Reason: ATM straddle premium difference and spikes between ce and pe is very high based on spot and future changes 50% SP we will sell almost equal premiums on both sides that too they are most likely to ATM options - which is always good compared to random ATM straddle

[@stockmock]

💯 its going to better risk management with 50%SP 👏

[@souviksarkar578]

Can you implement the feature where I can sell 1 or 2 strike away from the straddle premium?

[@jp4sh]

in my opinion, I would go for ATM straddle instead of 50%SP, as theta decay happens better on ATM than OTM. i may be wrong :)

[@stockmock]

Okay but What is the difference if i select 50%sp and atm?

[@anupamshaw5284]

@stockmock_in their is a diff with 50% of sp and atm strikes..... 50% sp can give me itm and otm strikes combination to balance my premium.... Otm is fine but itm is too riskier being delta is higher over here n therfore spike n sl hit probably will be more than atm n otm strikes

[@stockmock]

@@anupamshaw5284 in that case we can use CP

[@nitinpatel7560]

Ofcourse 50% premium one should prefer because in high volatile mkt pe/ce premium difference may be more.

[@stockmock]

👌

[@arunkokate584]

The 50% SP is more logical than ATM as specially on Thu the ATM premium can be very imbalanced for time based straddle.

[@stockmock]

✌️

[@rameshrengaraj6083]

How to view all strike price, it's showing only main strike price, for nifty

[@abdullanishad1217]

How do you get historical data of options. Do i need to pay for that??

[@shubhammalani6272]

Sir ab jaldi se no coding algo trading platform bhi launch kaardonaa...

[@naaistam6879]

Sir, please add next week expiry 🙏🙏🙏🙏🙏

[@mssriram2]

So, you are ready for anything other than Delta-based filters .....

[@stockmock]

🙈 that will also come

[@mssriram2]

@@stockmock If that comes, then these "closest" complications can be totally avoided. We just define Delta that's all. Hope this features is introduced sooner rather than later. It is already very long overdue.

[@netragundi9252]

@@mssriram2 one more

[@abhisheksavalia9492]

i tried doing 50% SP strategy but results are taking premiums 25 pts away only. is this a glitch?

[@stockmock]

Can you pls share the strategy link using SHARE BUtton on site and let us know which date are you observing

[@ravikiran7677]

Sir i found that your back test results are not accurate. I back tested a strategy and in which day wise results are also there so i found that on jan 29 2020 the backtested results showed as loss and on the same day with simulator it is profitable how is it possible. I even saw banknifty chart . It shows different ATM on jan 29 2020 and in backtest and simulator it is different ATM. can you answer this.

[@ravikiran7677]

I can even share my strategy for you to verify

[@ravikiran7677]

Sorry it's 29th jan 2021

[@jayjadwani]

I think 50% of staddle and atm price are same. So there will be no difference between this two terms

[@stockmock]

No there will be some difference, sply on Wed and Thur.. think think ;)

[@venvensinamar7443]

Good.. you are a real time saver....

[@poweroftrader7511]

every time different result not accurate

[@Charchit_Trikhaol4]

Hindi me bolo bhai