Brahmastra Nifty

This strategy trades in Nifty weekly options. This is an intraday option selling strategy which sells both Call & Put options. We earn theta decay if market is range bound. If 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 Nifty

Non-Expiry Margin: Rs. 2,85,000 for 1x multiplier

Expiry Margin: Rs. 345,000 for 1x multiplier

Start Time: 09:16 AM

End Time: 03:04 PM

Execution Days: All Days

Preferable Days: NA

Favorable Conditions:

Range Bound movement
Fall in Volatility
Fall in premiums even with directional move
Recommended VIX: 15-30

‍

Risk Factors:

Increase in premiums
No decay in premiums
Rise in volatility

Default Parameters:

Symbol: Nifty
Net Loss: 3600
Net Profit: NA
Option Type: Sell Call, Sell Put
Order Fill Price: 7
Order Lot: 1
Order Lot slice: 20
Premium Price: 35
Premium Range: 50%
Stop Loss for each leg: 10% Strangle, 25% Single Leg
Strike Depth: OTM 50
Strike Diff: 50
Time Interval (sec): NA

Join Our Community

Resources

uTrade

Contact us