created : 2 days ago| | live deployment: 1
created : 2 days ago | live deployment: 1
Intraday Nifty Sensex Hybrid Straddle
Strategy description
Hybrid Straddle – Smart Intraday Strategy
Capture Decay. Ride Direction. Trade Intelligently.
Description
The Hybrid Straddle – Intraday strategy is a capital-efficient, adaptive option selling model that dynamically selects between NIFTY or SENSEX and executes an ATM straddle (selling both CE & PE). Its dual-edge logic allows it to:
- Capture premium decay (theta) in sideways or range-bound markets
- Exit the losing leg and ride the favorable side during directional moves
This intelligent blend of time-decay harvesting and trend adaptability makes the strategy versatile for varying intraday conditions while maintaining clear risk controls and a rules-based structure.
Key Features
| Parameter | Value |
|---|---|
| Instrument | Auto-select NIFTY or SENSEX daily |
| Strategy Type | ATM Straddle (CE + PE sell), Intraday only |
| Trade Frequency | 6–8 orders per day |
| Market Behavior |
|
| Adjustments | Limited and logic-driven |
| Overnight Exposure | None – all trades exited before market close |
Best Suited For
- Traders focused on intraday income through option selling
- Those seeking smart, low-intervention automation
- Traders who prefer a dynamic system that adapts to market behavior
Disclaimer
Adithi Innovations is not a SEBI-registered advisor. This strategy is intended purely for educational and informational purposes. Past performance is not indicative of future results. It is strongly advised to paper trade for at least one month before committing real capital. All trades are intraday with no overnight exposure.
