Strategy description

DHURANDHAR POSITIONAL

Directional | Hedged | Positional NIFTY Options Strategy

DHURANDHAR POSITIONAL is a directional, hedged options strategy on the NIFTY index designed for positional trading. The strategy uses predefined market conditions and LTP-based strike selection to establish option positions.

The strategy can take PE Sell, CE Sell, or CE + PE Sell positions simultaneously, depending on prevailing market conditions and predefined strategy rules. Hedge positions are used alongside the option-selling positions as part of the overall strategy structure.

Wednesday & Thursday 

Current week  1&2

otherdays next week 3&4

Strategy Logic

Bullish Market View

• PE Sell position
• Additional OTM PE Buy as hedge

Bearish Market View

• CE Sell position
• Additional OTM CE Buy as hedge

Neutral / Range-Bound Market View

• CE Sell + PE Sell positions may be initiated simultaneously.
• Corresponding OTM CE + PE hedge positions may be taken as defined by the strategy rules.

LTP-Based Strike Selection

• Strike selection is based on the Last Traded Price (LTP) of the relevant option contracts.
• Strikes are selected according to predefined strategy rules.

Risk Management

• Stop Loss: ₹2,500
• The strategy follows predefined exit conditions.
• Hedge positions are incorporated into the overall position structure.
• The stop-loss mechanism is designed to limit the predefined strategy-level loss, subject to actual execution, market conditions, and slippage...