AlgoStrike

Rolling Straddle/Strangle

Underlying Index: BANKNIFTY | | Entry Time: 09:18 AM (09:30 AM on Expiry Day)| | Exit Time: 3:28 PM | | Stop-Loss: -10,000 | | Hedge benefit: No | | Lots: 5 | | When to Deploy? This strategy is best suited for sideways or sideways-to-volatile markets, as it transitions from an ATM straddle to a strangle based on market movements. This dynamic adjustment helps manage directional risks while capitalizing on premium decay. | What Is The Strategy? The strategy starts as an ATM straddle, aiming to benefit from premium decay

Mean Strangle

Underlying Index: NIFTY | | Entry Time: 9:18 AM | | Exit Time: 3:28 PM | | Stop-Loss: -6000 | | Hedge Benefit: Yes | | Lots: 8 | | When to Deploy? You may run this Algo when you expect the market to go sideways. The strangle also works best when there is a reversal after a gap-up or gap-down opening. | | What Is The Strategy? In this strategy, the monthly average of the high and low of the index is calculated to determine the range, giving higher weightage to the previous day's high and low. Also, OTM strikes are bought to hedge the positions.

Volatility Strangle

Underlying Index: NIFTY | | Entry Time: 9:30 AM | | Exit Time: 3:20 PM | | Hedge Benefit: No | | Lots: 1 | | When to Deploy: You may run this Algo when you expect the market to be sideways. Please note that this strategy does not execute trades on expiry days. | | Risk Considerations: In a trending market, the strategy can go into a loss. | | What Is The Strategy? This strategy selects strikes based on calculations using the India VIX and the entry and exit is based on the Average True Range (ATR) indicator.

Iron Condor

Underlying Index: BANKNIFTY | | Underlying Index: NIFTY | | Entry Time: 9:34 AM | | Exit Time: 2:45 PM | | Stop-Loss: -1250 | | Trailing Profit Activation: After reaching 750 profit | | Hedge Benefit: Yes | | Lots: 1 | | When to Deploy? Deploy this strategy when you anticipate limited movement around a particular price level (levels where you expect the market to take a pause for a while), especially on days where the market shows signs of range-bound behavior with minimal volatility. | | What Is The Strategy? This strategy involves selling an ATM straddle while purchasing 6 strikes away OTM options as hedges, providing additional protection. Each sold leg has a fixed stop-loss, and a trailing profit feature activates once profits hit 750, locking in gains.