Also known as Brahmastra in uTrade Originals , This strategy trades in Bank Nifty weekly options. This is an intraday option selling strategy which sells both Call & Put options. We earn theta decay if the market is range bound. If the market is trending either upside or downside, the strategy becomes directional.
Note: – Trading in this strategy should be avoided on Friday or Event day.
Factor: Delta Neutral
Margin Required: Rs. 130,000 for 1x multiplier
Start Time: 9:16 a.m.
End Time: 3:05 p.m.
Execution Days: All Days
Preferable Days: Monday to Thursday
Favourable Conditions:
Risk Factors:
Default Parameters: