created : 1 month ago| | live deployment: 0
This strategy is designed with Bank Nifty ATM straddles. This is intraday option selling strategy which sells total 4 legs in 4 different timings. According to the market movement, loss making legs exits and the winning leg will continue until universal exit time. We earn theta decay if market is range bound. If market is trending, the strategy becomes directional.
The strategy would perform well in following situations:
1) Fall in Vix
2) Range Bound movements
3) V shape movements to an exent
4) Directional Move with fall in premiums
The strategy would struggle in following situations:
1) Rise in vix
2)High Volatility in market with increasing premiums
3)No decay in premiums
4) W shape movements
We concentrate on low D.D strategy only rather than high ROI Strategy.
Capital Requirement : 6,00,000 Rs for 1 X multiplier. Please check with your broker for exact margin requirement.
Capital requirement comes down to 3,50,000 Rs by using this hedge strategy.
Entry and Exit times : Entry time is 09.40 hrs and Exit time is 15.00 hrs
No Entry Cut off Time
Subscription fees : 500rs/month only
We suggest to use IIFL broker and 999rs/month plan only.
Disclaimer : I am not a SEBI registered investment or financial advisor. Don't deploy our strategies purely based on past performance only. We are not responsible for your profit or loss. Although this strategy is fully automated, you are advised to keep a track on your account to monitor any deviations or errors. As option selling involves market risks. Please consult your financial advisor before investing.