uTrade Algos
Portfolio-based multi-leg strategy that involves 3 separate strategies.
-Used for Bank Nifty and Nifty’s weekly options
-Adaptation based on market conditions
-Diversification of risk through trading in 2 different indices
-Derived from strangle strategy
-Earning through theta decay in range-bound markets
-Utilizes proper targets and stop-loss measures for effectiveness
The strategy would perform well during:
1) Fall in Vix
2) Range Bound movements
The strategy would struggle when there is:
1) Rise in vix
2) High Volatility in market with increasing premiums
3) No decay in premiums