uTrade Algos
Also recognised as OI Based Strategy Bank Nifty within uTrade Originals, is an intraday option selling strategy which sells both Call & Put options. This strategy is fully based on ‘Open Interest’. It keeps changing positions based on changes in ‘Open Interest’.
Note: – Trading in this strategy should be avoided on an event day
Factor : OI (Open Interest) Based Strategy Nifty
Margin required: Rs. 125,000 for 1x multiplier
Start Time: 10:00 AM | End Time: 3:05 PM
Execution Days: All Days | Preferable Days: All Days
Favorable Conditions:
Fall in Volatility
Range Bound movements
Risk Factors:
High Volatility in market with increasing premiums
No decay in premiums