Directional credit sread
i use this in trending market
strategy:
When trend is up sell put
when trend is down sell call
trend:
Up:when successive lows make higher and higher lows
down:when successive ups make lower and lower ups
trend change: When nifty breaks low when in up trend and breaks high when in low trend
as this strategy surely makes loss when trend changes never ignore hedging
strike price:based on max open interest when strategy is entered
entry:
There should be 45-30 days to expiry of the option series
in up trend: Nifty has to make down move.
When nifty closes above the high of previous bar that is the entry point
in down trend: Nifty has to make up move.
When nifty closes below the low of previous bar that is the entry point.
Exit:when new trade is taken or 80% of max profit is achieved
i use this in trending market
strategy:
When trend is up sell put
when trend is down sell call
trend:
Up:when successive lows make higher and higher lows
down:when successive ups make lower and lower ups
trend change: When nifty breaks low when in up trend and breaks high when in low trend
as this strategy surely makes loss when trend changes never ignore hedging
strike price:based on max open interest when strategy is entered
entry:
There should be 45-30 days to expiry of the option series
in up trend: Nifty has to make down move.
When nifty closes above the high of previous bar that is the entry point
in down trend: Nifty has to make up move.
When nifty closes below the low of previous bar that is the entry point.
Exit:when new trade is taken or 80% of max profit is achieved