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