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created : 2 weeks ago| |  live deployment: 1

Strategy description

This strategy tries to take advantage of the fact the most of the days Nifty Index trades range bound. It is an intraday Nifty50 option selling strategy that starts at 9:28 AM every morning (including expiry days) and ends at 2:49 PM. It captures maximum theta in a day where Nifty50 index is range bound and also captures trending moves by exiting loss making leg when market trends in a particular direction. It minimizes loss or make small profits in volatile days by training stop loss of each leg.

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