Sensex Theta Earner - Pre-build Auto Strangle Theta Earner

This strategy trades in Sensex weekly options. This is an intraday option selling strategy which sells both Call & Put options.This strategy is best suited for range bound markets, neutral and low volatility days.

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

Factor: Sensex Theta

Peak Margin: ₹ 2,80,000 for 1X

Multiplier Range: 1X to 45X

Start Time: 09:18 AM

End Time: 03:10 PM

Execution Days: All

Preferable Days: NA

Favourable Conditions:

Fall in volatility
Range Bound movements
Weekly expiry days are best suited
Recommended VIX : 15 to 30

Risk Factors:

High volatility in market with increasing premiums
No decay in premiums
Large directional move either upward or downward

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Default Parameters:

Symbol: Sensex
Net Loss: 1800
Net Profit: NA
Option Type: Sell Call, Sell Put
Order Fill Price: 7
Order Lot: 1
Order Lot Slice: 1
Premium Price: 50.00
Premium Range: NA
Stop Loss for each leg: 125%
Strike Depth: NA
Strike Diff: NA
Time Interval (sec): NA

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