The OI Based Strategy by uTrade Originals, focusing on Bank Nifty weekly options, is an intraday selling strategy that adjusts positions dynamically based on open interest changes. It operates as an intraday selling strategy for both call and put options.
Factor: OI (Open Interest) Based Strategy Nifty
Margin required: Rs. 160,000 for 1x multiplier
Start Time: 10:00 AM
End Time: 2:39 PM
Execution Days: All days
Preferable Days: All Days
This strategy trades in FINNIFTY & Nifty weekly options. This is an intraday option selling strategy which sells both Call & Put options. This strategy is designed for both DIRECTIONAL & NON-DIRECTIONAL movements. This multi leg portfolio consists of different strategies based on two different market indices traded accordingly with respect to the market conditions.
Note: – Trading in this strategy should be avoided on an event day