uTrade Algos
Strategy designed for Nifty’s weekly options
-Adaptation based on market directions and premiums
-Earning through theta decay in range-bound markets
-Positions involve buying/selling options in call and put
-Derived from a straddle strategy, trading in two same strikes
-Tailored response to varying market conditions
This strategy would struggle in following situations:
1) Rise in vix
2) High Volatility in market with increasing premiums
3) No decay in premiums