Brahmastra Nifty - Pre-build Delta Neutral Nifty Strategy

This strategy trades in Nifty weekly options. This is an intraday option selling strategy which sells both Call & Put options. We earn theta decay if market is range bound. If market is trending either upside or downside, the strategy becomes directional.

Note: - Trading in this strategy should be avoided on Friday or Event day.

Factor : Brahmastra

Peak Margin: ₹ 2,75,000 for 1X

Multiplier Range: 1X to 45X

Start Time: 09:16 AM

End Time: 03:05 PM

Execution Days: All Days

Preferable Days: NA

Favorable Conditions:

Fall in volatility
Range bound movements
Fall in premiums even with directional move
Recommended VIX : 15 to 30

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Risk Factors:

Rise in volatility
No decay in premiums
Increase in premiums

Default Parameters:

Symbol: Nifty
Net Loss: 3100
Net Profit: NA
Option Type: Sell Call, Sell Put
Order Fill Price: 7
Order Lot: 1
Order Lot slice: 20
Premium Price: 35.00
Premium Range: 50%
Stop Loss for each leg: 10% Strangle, 25% Single Leg
Strike Depth: OTM 50
Strike Diff: 50
Time Interval (sec): NA