uTradealgos

Guruvar Ka Guru

This particular strategy, also known as the Auto Strangle Theta Earner within uTrade Originals, operates in the Bank Nifty weekly options market. It functions as an intraday selling strategy for both call and put options. Designed for range-bound markets, this strategy excels during neutral and low volatility periods.

Factor: Auto Strangle Theta Earner

Margin required: Rs. 125,000 for 1x multiplier

Start Time: 09:18 AM

End Time: 3:15 PM 

Execution Days: All Days

Preferable Days: Weekly Expiry 

Favourable Conditions:

  • Fall in volatility 
  • Range Bound movements 

Risk Factors:

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

Default Parameters:

  • Logs: 0,1
  • Net Loss: 900
  • Net Profit: NA
  • Option Type: Sell Call, Sell Put
  • Order Fill Price: 7
  • Order Lot: 1
  • Order Lot Slice: 20
  • Premium Price: OTM 2 price
  • Premium Range: NA
  • Stop Loss for each leg: 80
  • Strike Depth: NA
  • Strike Diff: NA
  • Symbol: BANK NIFTY
  • Time Interval (sec): NA

This strategy trades in BANK NIFTY weekly options. This is an intraday option selling strategy which sells both Call & Put options. This strategy is best suited for range bound markets, neutral and low volatility days.