created : 1 year ago| |  live deployment: 38

created : 1 year ago |  live deployment: 38

GSA Smart Straddle V2

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Strategy description

BNF Smart Straddle v2: It is a option selling strategy in single lot BNF Option along with OTM Hedges. However, adjustments are such that this strategy becomes a contra strategy. Sometimes we may have upto 3 lots of buy position in Call / put options. 

Position Taken: It daily sell position @ 09:30 to 10:00 AM in one lot of Call & Put from current week expiry.


Capital Requirement: Margin required to trade this is INR 1.5 Lakhs (including buffer margin)


Risk Management: This strategy smartly managed risk by defining leg level stop loss at every leg basis technical and also tries to benefit from directional moves


Profit targets: We have not defined any target cap on profits. However, TSL activates at INR 1500. 


 Change Version:

23.07.23  Capital changed to 1.25L (Due to change in BNF lot Size)