Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.

Result of Reverse Iron Butterfly Strategy for Nifty

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Few Days back on March 17th we had kept a watch on the Reverse Iron butterfly Strategy.
And here is the performance of the Strategy

As Nifty got

Position Taken When Nifty @ 5198 on 17th March
[table id=21 /]

Result after March Nifty Expired at 5228
[table id=22 /]

Gain in Shorting 5100PE = Rs18.5
Loss in Longs 5200 PE = -Rs45.8
Gain in Longs 5200 CE = Rs4.45
Gain in Shorting 5300 CE = Rs16.9
Total Loss = RS5.95

Nifty Gained 30pts overall in 5 trading session till expiry. And you lost RS5.95×50 = Rs 297.5

Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.

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