Factor: Auto Strangle Theta Earner

Margin required: Rs. 1,40,000 for 1x multiplier

Start Time: 09:18 AM

End Time: 3:14 PM

Execution Days: All Days

Preferable Days: Monthly Expiry

Favourable Conditions:

• Fall in volatility
• Range Bound movements
• Recommended VIX: 15 to 30

Risk Factors:

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