It is better to make calendar spreads at expiry. This is a safe strategy with decent returns and minimal loss. You can make the spread on Friday morning week prior to expiration and book it on Thursday(expiry day). Strike price chosen will depend on the market direction. E.g. If you are anticipating that the market will remain between 6750-6850 go for 6800 strike.
Short strangles and straddles can produce better returns but are slightly high risk. Do not leave overnight position with short strangles.
Hope this helps.
P.S. This is my first post in Traderji. would love to have a discussion if you do not agree with me.
Short strangles and straddles can produce better returns but are slightly high risk. Do not leave overnight position with short strangles.
Hope this helps.
P.S. This is my first post in Traderji. would love to have a discussion if you do not agree with me.