Factor: Intraday Directional strangle
Non-Expiry Margin: Rs. 2,90,000 for 1x multiplier
Expiry Margin Rs. 310,000 for 1x multiplier
Start Time: 09:20 AM
End Time: 03:04 PM
Execution Days: All Days
Preferable Days: -
Favourable Conditions:
- Fall in volatility (or VIX)
- Directional Move either upwards or downwards
- Recommended VIX: 15 to 30
Risk Factors:
- Rise in volatility (or VIX)
- No decay in premiums
- When market trades in both directions.