Factor: Auto Strangle Theta Earner
Non-Expiry Margin: Rs. 2,90,000 for 1x multiplier
Expiry Margin: Rs. 3,10,000 for 1x multiplier
Start Time: 09:18 AM
End Time: 03:09 PM
Execution Days: All Days
Preferable Days: Last week of monthly expiry
Favourable Conditions:
- Fall in volatility
- Range Bound movements
- Best suited in the last week of monthly expiry
- 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