We are going to backtest this Nifty Intraday Iron fly option Strategy Backtest (300 – 500 point wings). we will see the results and check whether this strategy is profitable or not. You can also compare it to Nifty Intraday Iron fly option Strategy 

nifty-intraday-iron-butterfly-option-strategy-backtest-300-500
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  • Exit time 1pm
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Nifty Intraday Iron fly option Strategy Charts

Nifty Intraday Iron fly option Strategy Summary

Nifty Intraday Iron Butterfly 300-500 Summary

Nifty Intraday Iron fly option Strategy Day wise Backtest Resultls

Nifty Intraday Iron Butterfly 300-500 Day Wise

Nifty Intraday Iron fly Strategy (ATM -200) Month wise Backtest Results

Nifty Intraday Iron Butterfly 300-500 Month Wise

Nifty Intraday Iron fly option Strategy Backtest Performance

Nifty Intraday Iron Butterfly 300-500 Result

See also  Nifty Monthly Short Straddle Backtest 22 Days to Expire

FAQ on Nifty Intraday Iron fly option Strategy

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 Iron fly option Strategy Backtest (300 500 points Wings)

Below is the conclusion on free backtest of Nifty Intraday Iron fly option Strategy Backtest (300 500 points Wings)
. 

We can observe that the Nifty Intraday Iron fly option Strategy Backtest (300 500 points Wings) is Profitable and it has given a profit of Rs.46516.

It has average day profit of Rs.35. Max profit on a single day is Rs.7517 and Max loss of Rs.-14751.

It has 60%win days and 40% loss days.

Average monthly profit is Rs.712.

Average Profit on win days is Rs.1610.

Average Loss on losing days is Rs.-2307.

Max winning streak is 12 days and max losing streak is 6 days.

Max drawdown is Rs.-108671. recovery period is 970 (457 Days – Running) (18 Oct 2021 – Running)

Return to max drawdown is 0.08.

Expectancy is 0.02 for this  Intraday  Iron fly option Strategy Backtest (300 500 points Wings)

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