created : 1 year ago| | live deployment: 58
created : 1 year ago | live deployment: 58
Bank Nifty Smart Calendar Spread with Hedge
by: Patni Capital
Strategy description
Bank Nifty Smart Calendar is a Bank Nifty Options Selling strategy. It Sells OTM CE & OTM PE of Next Week (based on Delta) and buys current week OTM CE & OTM PE (based on Delta). The intention is to capture theta on both sides, when the market is in range it will capture both side premiums and earn profit via short legs, but when the market becomes directional it will square off short positions as it has a fixed % based stop loss on a combined premium of short legs.
The USP of this strategy is it has a minimal number of trades, there are only 2 Trades in a week, the First trade for the weekly calendar, and the second trade on expiry day.
❖ Capital Required: 60,000
❖ Type: Positional with Hedge
❖ Avg Trades (Buy + Sell) per Day: 2-3
Disclaimer:
Patni Capital is not a SEBI-registered investment or
financial advisor. Don't deploy any strategy based on past performance only.
All the P&L updates are their own Live Auto P&L for information
purposes. Please contact your investment advisor before
deploying the strategy live. Paper trading for a
month is the best way to learn and earn a huge return in the long run. You
won't become rich in the short term with any strategy.
