Twin Index Expiry Master
Also identified as Twin Index within uTrade Originals, is an intraday option selling strategy which sells both Call & Put options. This strategy is designed for both DIRECTIONAL & NON-DIRECTIONAL movements. This Multi Leg portfolio consists of different strategies based on two different market indices traded accordingly with respect to the market conditions.
Factor: (Twin Index)
Margin required: Rs. 4,50,000 for 1X multiplier
Start Time: 09:16 AM
End Time: 2:40 PM
Execution Days: FINNIFTY – (Monday, Tuesday, Friday ), NIFTY – (Wednesday, Thursday)
Preferable Days: Mon to Thursday
Favorable Conditions:
- Fall in Volatility
- Range Bound movements
- Directional Moves
Risk Factors:
- Rise in Volatility
- High Volatility in market with increasing premiums
- No decay in premiums
Default Parameters:
- Logs: 0,1
- Net Loss: 8000
- Net Profit: NA
- Option Type: FINNIFTY – Sell Call (x3), Sell Put (x3), NIFTY – Sell Call, Set Put
- Order Fill Price: 7
- Order Lot: 1
- Order Lot Slice: 20
- Premium Price: NA
- Premium Range: NA
- Stop Loss for each leg: NA
- Strike Diff: NA
- Strike Depth: NA
- Symbol: FINNIFTY, NIFTY
- Time Interval (sec): NA
This strategy trades in FINNIFTY & NIFTY weekly options. This is an intraday option selling strategy which sells both Call & Put options. This strategy is designed for both DIRECTIONAL & NON-DIRECTIONAL movements. This multi Leg portfolio consists of different strategies based on two different market indices traded accordingly with respect to the market conditions.
