Strategy description

Strategy Name: Bank Nifty Smart Calendar
Strategy Type: Bank Nifty Options Selling with Weekly Calendar Spread

Strategy Overview

Bank Nifty Smart Calendar is a Bank Nifty options-selling strategy designed to capture theta decay through a weekly calendar spread. It involves selling out-of-the-money (OTM) calls and puts for the next week (based on delta) and buying OTM calls and puts for the current week. This setup is structured to earn premium from short positions in a range-bound market, with an automatic exit of short positions if the market becomes directional, triggered by a stop-loss on the combined premium of short legs.

• Capital Required: ₹60,000
• Type: Positional with Hedge
• Average Trades per Day: 2-3 (typically 2 trades per week: one for the weekly calendar and another on expiry day)
• Shared Code: d6920168-8510-4064-bcd1-570c03731e53
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Disclaimer

Patni Capital is not a SEBI-registered investment or financial advisor. This strategy should not be deployed solely based on previous results. All P&L updates are based on our own live automated trading results and are provided for informational purposes only. We strongly recommend paper trading for at least a month to familiarize yourself with the strategy before live deployment. Please consult with your financial advisor prior to investing, as trading involves inherent risks.