Conservative Option Trader
Also known as Stable Stride Multi Leg Strategy , an uTrade Originals strategy —an innovative intraday approach to Nifty and Bank Nifty weekly options. This strategy sells call and put options, catering to both directional and non-directional market movements. With a multi-leg structure derived from three distinct strategies, it offers a dynamic solution for navigating the options market.
Factor: Stable Stride Multi – Leg
Margin required: Rs. 4,00,000 for 1X multiplier
Start Time: 09:20 AM
End Time: 3:05 PM
Execution Days: All days
Preferable Days: All days
Favourable Conditions:
- Range Bound movements
- Fall in Volatility
Risk Factors:
- High Volatility in market with increasing premiums
- No decay in premiums
- Directional Move with rise in premiums
Default Parameters:
- Logs: 0,1
- Net Loss: 4400
- Net Profit: NA
- Option Type: BANK NIFTY – Sell Call, Sell Put, NIFTY – Sell Call, Sell Put
- Order Fill Price: 7
- Order Lot: 1
- Order Lot Slice: 20
- Premium Price:
- BANK NIFTY – 50, 20
- NIFTY – 10
- Premium Range: 50%
- Stop Loss for each leg: 50
- Strike Depth: OTM 20
- Strike Diff: 100
- Symbol: BANK NIFTY, NIFTY
- Time Interval (sec): NA
This strategy trades in NIFTY and BANKNIFTY weekly options. This is an intraday option selling strategy which sells both Call & Put options. This strategy is designed for DIRECTIONAL and NON-DIRECTIONAL movements. This multi-leg strategy consists of six legs based on three different strategies in this portfolio.
Note: – Trading in this strategy should be avoided on an event
