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created : 1 year ago| |  live deployment: 4

Strategy description


Unlock the potential of intraday trading with the Illenium Option Selling strategy. This sophisticated approach begins each day by deploying strangles, transitioning to straddles to capitalize on both non-directional sideways markets and trending days. The strategy is engineered for adaptability and profitability. By utilizing trailing stop losses and max loss per counter exits, it ensures early risk management. When an exit occurs, the strategy reactivates after an hour, optimizing margin use for additional ROI. To further enhance safety and performance, Illenium Option Selling aggressively deploys(OTM) hedges for every short position, exiting them when unnecessary. This meticulous approach keeps your Value at Risk (VAR) in check, providing a balanced and secure trading experience. 


It Trades Daily Expiries.
•Mon: Bankex
•Tue: FinNifty
•Wed: BankNifty 
•Thurs: Nifty
•Fri: Sensex


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