This strategy focuses on trading Nifty weekly options; targeting intraday movements by selling both Call and Put options. It's designed to capitalize on both directional and non-directional market shifts, specifically tailored for trading sessions in the Nifty symbol.

Note:- Trading in this strategy should be avoided on an event day.

Factor: MM NF

Non-Expiry Margin: Rs. 2,85,000 for 1X

Expiry Margin: Rs. 3,45,000 for 1X

Start Time: 09:19 AM

End Time: 03:09 PM

Execution Days: All Days

Preferable Days: NA

Favourable Conditions:

  • Range Bound movements
  • Fall in volatility
  • Directional Moves
  • Recommended VIX: 12 to 30

Risk Factors:

  • High Volatility in market with increasing premiums
  • No decay in premiums
  • Rise in volatility

Default Parameters:

  • Symbol: Nifty
  • Net Loss: 2700
  • Net Profit: 5400
  • Option Type: Sell Call, Sell Put
  • Order Fill Price: 7
  • Order Lot: 1
  • Order Lot Slice: 20
  • Premium Price: OTM 5
  • Premium Range: NA
  • Stop Loss for each leg:  NA
  • Strike Depth: OTM 5
  • Strike Diff: 50
  • Time Interval (sec): NA