What is Chakravyuh Ka Tod?
This uTrade Originals strategy is referred to as the OI Based Strategy, centred around Bank Nifty weekly options. It operates as an intraday selling strategy for both call and put options. The strategy's foundation lies entirely in monitoring open interest. It dynamically adjusts positions in response to changes in open interest. It's important to note that executing trades aligned with this strategy should be avoided on event days.