Also recognized as ES within uTrade Originals, this strategy focuses on BankNifty, Nifty, and FinNifty, operating on Tuesdays, Wednesdays, and Thursdays, respectively, on their expiry days. It’s an intraday option selling strategy that involves selling both Call and Put options.Leveraging the unique market dynamics on expiry days, the strategy aims to capitalize on price movements and volatility.

Capital Requirement: 12,00,000 for 1x

Start Time: 09:15 AM

End Time: 3:15 PM

Execution Days: Tuesday, Wednesday and Thursday

Preferable Days: Tuesday, Wednesday and Thursday

Favourable Conditions:

Range Bound movements
Fall in volatility
Weekly expiry days (Tuesday, Wednesday and Thursday)

Risk Factors:

Large Directional Move either upward or downward
No decay in premiums
High Volatility in market with increasing premiums

Default Parameters:

Logs: 0, 1
Net Loss: 8000
Net Profit: 116600
Option Type : BankNifty: (Sell Call Sell Put) * 8, Nifty: (Sell Call Sell Put) * 8, FinNifty: (Sell Call Sell Put) * 8″
Order Fill Price: 7
Order Lot: 1
Order Lot Slice: 1
Premium Price: BankNifty-30,75 | Nifty-10,30 | FinNifty-10,30
Premium Range: NA
Stop Loss for Each Leg: BankNifty-200,100,25 | Nifty-200,100,25 | FinNifty-200,100,25
Strike Depth: NA
Strike Diff: NA
Symbol: BANK NIFTY, NIFTY, FINNIFTY
Time Interval (sec): NA

This strategy is designed exclusively for BANKNIFTY, NIFTY and FINNIFTY, this strategy operates on Tuesdays, Wednesdays, and Thursdays on their respective expiry days. This is an intraday option selling strategy which sells both Call & Put options. Leveraging the unique market dynamics on expiry days, it aims to capitalize on price movements and volatility.

Expiry Special