Strangle to straddle with backtest

In this video we will explain you a strategy given by famous trader on youtube named Theta gainers.
We will simply select strike price on the basis of delta using find strike keyword.
We will understand in detail how to use runtime variables for saving entered call and put data and strike prices .
We will understand how you can use repair continuous for adjustments in your strategy and to re-enter fresh positions.
We will convert strangle strategy into straddle strategy with the help of adjustments.
We will explain how to add stop loss automatically once strangle becomes straddle.
We have also backtested Theta gainers strategy in this video

Updated on: 28/08/2023

Was this article helpful?

Share your feedback

Cancel

Thank you!