BN Shaant Bazaar Ka Raja

This strategy trades in NiftyBank monthly options. This is an intraday option selling strategy which sells both Call & Put options of same strike. This strategy is designed in a way that it keeps rolling the positions according to market directions. This strategy benefits in low volatile and range bound markets.
‍
Note: - Trading in this strategy should be avoided on an ‘event day’.

Factor: BankNifty Auto Straddle

Non-Expiry Margin : Rs. 3,05,000 for 1x

Expiry Margin: Rs. 3,60,000 for 1x

Start Time: 09:20 AM

End Time: 03:04 PM

Execution Days: All

Preferable Days: Wednesday & Thursday of expiry week

Favourable Conditions:

Range Bound movements
Fall in volatility
Best suited on Wednesday & Thursday of expiry week
Recommended VIX : 15 to 30

Risk Factors:

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

Symbol: BANKNIFTY
Net Loss: 2000
Net Profit: NA
Option Type: Sell Call, Sell Put
Order Fill Price: 7
Order Lot: 1
Order Lot Slice: 20
Premium Price: ATM
Premium Range: NA
Stop Loss for each leg: F,M,T-25%,W-35%TH-15%
Strike Depth: ATM
Strike Diff: 100
Time Interval (sec): NA

Join Our Community

Resources

uTrade

Contact us