created : 2 months ago| | live deployment: 1
created : 2 months ago | live deployment: 1
Adaptive Butterfly Intraday NIFTY
Strategy description
Adaptive Butterfly Intraday
Description:
Adaptive Butterfly Intraday is a smart, non-directional options strategy designed to consistently capture time decay while dynamically adjusting to market movements. It primarily deploys a butterfly structure to benefit from range-bound conditions, ensuring controlled risk and efficient capital usage.
What makes this strategy unique is its adaptive nature. While it starts as a non-directional setup, it continuously monitors market behavior. If the market begins to show directional momentum, the strategy intelligently adjusts its positions to align with the trend—helping protect capital and optimize returns.
The core objective is to maximize theta decay while minimizing directional risk. With timely adjustments, it aims to maintain a balanced position and avoid large drawdowns during volatile moves.
Key Features:
STRATERGY KEY PARAMETRS | |
INDICE | NIFTY-50 (NFO) |
TYPE | INTRADAY |
EXPIRY | CURRENT WEEK |
OVERNIGHT RISK | NA |
NO OF OPEN POSITIONS | 3 & 4 (During Adjustment) |
CAPITAL REQUIRED | 2,50,000 (With Adjustment) |
MTM TARGET | 3000 (1.2%) |
MTM STOPLOSS | NONE |
ENTRY TIME | 9:21 AM |
EXIT TIME | 3:15 PM (SAME TRADING DAY) |
RISING VIX IMPACT | MANAGED WITH BUYING POSITIONS |
LOGIC IDEA | A non directional stratergy can be managed rightly to have a gain in directional market also |
ADJUSTMENTS | YES, BASED ON NIFTY-50 MOVEMENT |
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