@raahi_bhushan also compared the static ATM straddle with a 10% hedge. The results showed that the hedge consistently eroded profits and underperformed the unhedged strategy in most market conditions
@BSEIndia
Strong bounce from support with good volume. A close above βΉ3,960 may lead to the next leg up.
Price is consolidating just below resistance. A breakout with volume can push it towards βΉ4,050.
Note: This is not option buying β it's a combined premium chart.
The overnight #NIFTY Iron Fly premium exploded from 320 to 452 points per lot.
We exited with a loss once the premium hit our wings.
Later, the premiums became too attractive to ignore, so we took a shot in #Sensex.
@PRAFULKULKARN18 Tried to save an Iron Fly by converting it into a Double Diagonal after 3 PM, then switched back to an Iron Fly when VIX dropped sharply Managed to avoid a trading loss but STT and brokerage still took their share
Lesson : Exit all adjusted expiry-day positions before 12
#NIFTY In this type of market, a straddle or strangle strategy can generate profits, a sudden sharp move can wipe out all those gains within minutes.That's why we have curated strategies designed to capture consistent Returns while focusing on risk and capital protection.
#Sensex
#NIFTY VOL Short
PUT OI looked weak today, so we took a NIFTY VOL short trade using a broken-leg setup.
Trade is working well so far. π₯
Plan:
β Exit by EOD or
β Convert into a Debit Spread
#NIFTY#OptionsTrading#HouseOfTrade