Nifty 916 Short Straddle backtest Exit time 3:15pm

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We are going to backtest this Nifty Short Straddle stragegy. we will take and entry at 9:16am when the market opens and exit at 15:15  before the afternoon volatility starts. we will see the results and check whether this strategy is profitable or not.

nifty-backtesting-intraday-short-straddle-916am-to-315pm
You may also like to backtest with other exit time
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  • Exit time 1pm
  • Exit time 1;15pm
  • Exit time 1:;30pm
  • Exit time 1:;45pm
  • Exit time 2pm
  • Exit time 2::15pm
  • Exit time 2::30pm
  • Exit time 2:45pm
  • Exit time 3pm
  • Exit time 3:15pm
  • Exit time 3:25pm
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Nifty Short Straddle entry time 9:16am Exit time 3:15pm charts

Nifty Intraday Short Straddle Strategy 9:16am -3:15pm Performance Summary

Nifty Short Straddle 916 1515 Summary

Nifty Intraday Short Straddle 9:16am -3:15pm Day wise Backtesting Results

Nifty Short Straddle 916 1515 DAY WISE

Nifty 9:16am -3:15pm Intraday Short Straddle Strategy Month wise Backtest Results

Nifty Intraday Short Straddle Profit & Loss

See also  Nifty Monthly Short Straddle Backtest 17 Days to Expire
See also  Nifty Futures historical Data

FAQ ON Nifty Short Straddle Backtest

What is Short Straddle Option Strategy

Short Straddle Option strategy You have to sell a a call option and a put option of the same strike price of the same expiry,

Can I close 1 Leg in Short Straddle Strategy

Yes, you can close one leg at any point. but it will convert your strategy to a naked option selling which is dangerous. so carefully backtest the strategy before closing any leg.

Which is best Nifty Short Straddle of bank Nifty Short Straddle?

Nifty is stable and has low volatility hence the premiums are low as compared to Bank Nifty. Bank Nifty is highly volatile and its IV are high hence the premium are high which attracts lots of trader,

Conclusion for backtesting of Nifty Intraday Short Straddle

Below is the conclusion on free backtest of Nifty Intraday short Straddle. 

We can observe that the Nifty Short straddle Strategy is Profitable and it has given a profit of Rs.160672.

It has average day profit of Rs.123. Max profit on a single day is Rs.14880 and Max loss of Rs.-32531.

It has 64%win days and 36% loss days.

Average monthly profit is Rs.2478.

Average Profit on win days is Rs.1675.

Average Loss on losing days is Rs.-2682.

Max winning streak is 11 days and max losing streak is 5 days.

Max drawdown is Rs.-64114. recovery period is 626 (262 Days) (25 Mar 2019 – 10 Dec 2020)

Return to max drawdown is 0.47.

Expectancy is 0.04 for this intraday short straddle straddle 

nifty-backtesting-intraday-short-straddle-916am-to-315pm

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