15 pages of nothing already! Congratulations It's easy not to use a stop loss with options... Come on raj... You just discovered that hot water runs from your house tap.
If you are a succesful trader it is made possible only because you have creativity. You may not have recognised it yet.
Options trading is the most dangerous one. I could trade options with peace of mind only because of my early trend strategy.
I can be creative... But, when it comes to stuff that has already been invented and needs no fixing, I copy a lot. So, where is the 100%? Is it in early trend spotting or in buying an option and letting it expire without never hitting a stop that was never there? I see what you doing here... You are playing with words! A bit like saying: what's heavier, a ton of bricks or a ton of feathers?
Options trading is SHADOW trading. We are applying strategy on the underlying Index, while executing trades in option. So basically options trading is Futures strategy plus Options execution. Great perfection in strategy and discipline in execution is needed to succeed in options. Do you know what, i have zero concern about the technicalities in Options trading, except for the strike price selection. Where from the concept of avoiding stoploss came? It came from the business mindset or in other words relationship with money. Parents send children to school expecting they will surely return back A trader with business mindset (healthy relationship with money/ will expect his or her money will return back, regardless of making profit or not
I invented this early trend strategy primarily for protecting the investment. Profits are just a byproduct of this protectiveness. There is lot of heart and soul in this strategy!
But when someone here earlier tried to backtest it without showing what happened after the possible entry, including a chart like the one you requested you gave 0 useful answers or feedback. You are not a person who is selling snake oil, you are clown.