created : 7 months ago| | live deployment: 1
created : 7 months ago | live deployment: 1
Bank Nifty Smart Calendar Spread V2
Strategy description
Bank Nifty Smart Calendar v2 is an Extended version of Bank Nifty Smart Calendar Spread v1. It sells OTM CE & OTM PE for next week (based on Delta) and buys the current week's 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 taking 2 weekly positional one is square off on expiry and the other is on the day after expiry.
❖ SHARED-CODE: 8f874369-cbd7-473c-bc29-8ff3ee6b9e5f
❖ Capital Required: 1,50,000
❖ Type: Weekly Positional with Hedge
❖ Avg Trades (Buy + Sell) per Day: 4
CUSTOMER SUPPORT:
MOB: 8097578729
EMAIL: [email protected]
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 in the long run. You won't become rich in the short term with any strategy.
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