This strategy trades in Nifty weekly options. This is an intraday option selling strategy which sells both Call & Put option. This strategy is designed for DIRECTIONAL and NON-DIRECTIONAL movements. This Multi-leg strategy consists of six legs based on three different strategies in this portfolio.

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

Factor: COT NF 2

Margin Required:  Rs. 3,45,000 for 1X multiplier

Start Time: 9:24 am

End Time: 3:14 pm

Execution Days: All Days

Preferable Days:  All Days

Favourable Conditions:

  • Range Bound movements
  • Fall in volatility
  • All days are preferable for this strategy
  • Recommended VIX : 12 to 25

Risk Factors:

  • High Volatility in market with increasing premiums
  • No decay in premiums
  • Directional Move with rise in premiums

Default Parameters:

  • Symbol: Nifty
  • Net Loss: 1700
  • Net Profit: NA
  • Option Type: Sell Call, Sell Put
  • Order Fill Price: 7
  • Order Lot: 1
  • Order Lot Slice: 1
  • Premium Price: 20.00, 30.00, 15.00
  • Premium Range: -
  • Stop Loss for each leg:  125.00, 20%, 100%
  • Strike Depth: NA
  • Strike Diff: NA
  • Time Interval (sec): NA