hedge-12 back testing | back-testing Result | Expiry day trading || hedge 12

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Hedge-12 Strategy (Expiry day Trading at 2 pm)
-Suppose banknifty trading at 31100
31000 Ce (ITM) and 31200pe (ITM)(Both ITM)
31000 ce Price + 31200 pe Price = 230
if market sideway then max loss if fix = 230-200 = 30 *25 = 750 loss
if market move 31300 upside then 31000ce price = 300 and 31200 pe = 0 total = 300-230 = 70*25 =1750 profit
if market move 30800 then 31000 ce = 0 and 31200 =400 total profit =400-230 = 170*25=4250 profit

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