Strategy description

Strategy Description – BTC Option Selling (Theta-Based)

This is a BTC Options Selling strategy designed to generate steady income through time decay (Theta) by selling out-of-the-money Call and Put options on BTCUSD.

The strategy deploys multiple short option legs on both the Call and Put sides, allowing it to benefit when the market remains range-bound or moderately trending. The primary profit driver is Theta decay, supported by low Delta exposure and controlled Gamma risk.

Strategy Logic

• Sells OTM BTC Call & Put options with:

  • Low Delta → reduced directional sensitivity

  • High Theta → consistent time-decay benefit

  • Moderate IV exposure → profits during stable or contracting volatility

• Multiple legs help in premium enhancement and better range management

• Strategy is suitable for sideways to mildly volatile BTC markets

⏰ Trade Timing Rules

• Trade Entry Window:
  Trades are initiated only between 06:00 PM to 04:00(+1) AM (IST)

• No New Trades After 06:00 AM:
  ❌ The strategy will not take fresh positions after this time

• Mandatory Exit:
  All open positions are forcefully closed at 06:00 AM (06:00 IST) 

Risk Management

• Time-based square-off to eliminate overnight exposure

• Low Delta positioning to reduce sharp directional impact

• Designed for controlled risk with disciplined exits

• Recommended to deploy with proper capital and risk awareness

Suitable For

• Traders looking for Theta income

• Users comfortable with option selling strategies

• Traders preferring automated, rule-based execution

⚠️ Disclaimer & Terms of Use

This strategy is the sole intellectual property of the Creator Doctor Algo. By subscribing to this strategy, users agree to pay the applicable Creator fee / profit-sharing charges as mentioned by the Creator. Any failure or refusal to comply with the agreed payment terms will be solely the responsibility of the subscriber.

Please note that Creator profit sharing is calculated exclusive of brokerage charges, exchange fees, funding charges, taxes, or any other miscellaneous costs.
All such charges are entirely the responsibility of the trader, and the Creator shall not be held liable for any additional costs incurred.

This strategy does not provide any guarantee of profit. Trading in options and cryptocurrencies involves substantial risk, and losses may exceed expectations. Past performance is not indicative of future results.

Subscribers are strongly advised to deploy the strategy in paper or offline mode first and use only risk capital while trading live.