Hello Suryameet ,
Hope you are doing well . I've been reading your thread since the 2-3days but still dont understand how does your strategy even work ? the pay off charts and the paper trades seem to be showing negative returns and doesnt seem to be a risk free strategy , but I maybe completely wrong on this , would be good if you could help me understand where I went wrong .
I started a paper trade based on ur strategy but doesnt seem to work as posted on this thread . maybe i am doing something wrong . kindly correct me if possible .
I am posting the payoff chart , trade and table below , there doesnt seem to be even one scenario where your profitable , but you ahve been making profits . I am sure i am doing something wrong .
Note : in the paper trade , i rolled down the call , cause it was giving much higher loss with 21200 .