Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Result of Reverse Iron Butterfly Strategy for Nifty

18 sec read


 
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

TypeStrikeExpiryQuantiyPremium
Short Put5,100.0025-Mar-105018.5
Long Put5,200.0025-Mar-105045.8
Long Call5,200.0025-Mar-105054.55
Short Call5,300.0025-Mar-105016.9

Result after March Nifty Expired at 5228

TypeStrikeExpiryQuantiyPremium
Short Put5,100.0025-Mar-10500.00
Long Put5,200.0025-Mar-10500.00
Long Call5,200.0025-Mar-105060
Short Call5,300.0025-Mar-10500.00

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 Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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