This strategy focuses on trading Nifty weekly options; targeting intraday movements by selling both Call and Put options. It's designed to capitalize on both directional and non-directional market shifts, specifically tailored for trading sessions in the Nifty symbol.

Note: - Trading in this strategy should be avoided on an event day

Factor: NF ATM

Margin Required: Rs. 1,15,000 for 1X multiplier

Start Time: 9:30 am

End Time: 3:09 pm

Execution Days: All Days

Preferable Days:  NA

Favourable Conditions:

  • Fall in volatility
  • Range Bound movements
  • Directional Moves
  • Recommended VIX : 12 to 30

Risk Factors:

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

Default Parameters:

  • Symbol: Nifty
  • Net Loss: 1200
  • Net Profit: NA
  • Option Type: Sell Call, Sell Put
  • Order Fill Price: 7
  • Order Lot: 1
  • Order Lot Slice: 1
  • Premium Price: ATM
  • Premium Range: NA
  • Stop Loss for each leg:  30%
  • Strike Depth: NA
  • Strike Diff: NA
  • Time Interval (sec): NA