uTradealgos

Twin Index Expiry Master

Also identified as Twin Index within uTrade Originals, is an intraday option selling strategy which sells both Call & Put options. This strategy is designed for both DIRECTIONAL & NON-DIRECTIONAL movements. This Multi Leg portfolio consists of different strategies based on two different market indices traded accordingly with respect to the market conditions.

Factor: (Twin Index)

Margin required: Rs. 4,50,000 for 1X multiplier

Start Time: 09:16 AM 

End Time: 2:40 PM  

Execution Days: FINNIFTY – (Monday, Tuesday, Friday ), NIFTY – (Wednesday, Thursday) 

Preferable Days: Mon to Thursday 

Favorable Conditions:

  • Fall in Volatility 
  • Range Bound movements
  • Directional Moves

Risk Factors:

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

Default Parameters: 

  • Logs: 0,1
  • Net Loss: 8000
  • Net Profit: NA
  • Option Type: FINNIFTY – Sell Call (x3), Sell Put (x3), NIFTY – Sell Call, Set Put
  • Order Fill Price: 7
  • Order Lot: 1
  • Order Lot Slice: 20
  • Premium Price: NA
  • Premium Range: NA
  • Stop Loss for each leg: NA
  • Strike Diff: NA
  • Strike Depth: NA
  • Symbol: FINNIFTY, NIFTY
  • Time Interval (sec): NA

This strategy trades in FINNIFTY & NIFTY weekly options. This is an intraday option selling strategy which sells both Call & Put options. This strategy is designed for both DIRECTIONAL & NON-DIRECTIONAL movements. This multi Leg portfolio consists of different strategies based on two different market indices traded accordingly with respect to the market conditions.