Strategy description

Introduction:

This strategy involves Nifty option trade and buy one lot (multiplier 1) of put and call of current week at a time. 

Entry and Exit is based on profit/loss basis of individual leg.

Profits/loss will be generated by the speculation of Nifty 50.

Strategy Type: Nifty Straddles Buy Intraday

1. Trade Type: Option Buying Intraday
2. Margin Requirement: ₹30K  (may increase 10% subject to volatility)

Disclaimer

1. I am not a SEBI-registered Financial Advisor. Traders must understand the risks involved in Futures & Options trading before participating.
2. It is highly recommended to deploy the strategy in Paper Trade mode for 2-3 weeks before going live.