Factor: Intraday Directional Day

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

Start Time: 09:20 AM

End Time: 3:04 PM

Execution Days: Mon to Thurs

Preferable Days: Monday To Thursday

Favourable Conditions:

• Fall in volatility (or VIX)
• Directional Move either upwards or downwards
• Recommended VIX: 15 to 30

Risk Factors:

• Rise in volatility (or VIX)
• No decay in premiums
• When market trades in both directions.