Rolling Straddle
A "rolling straddle" in options trading is a strategy where you periodically close and re-open a straddle with a new, later expiry date, essentially resetting your bet on a significant price movement.
This strategy performance best on the expiry day or expiry -1.
Trades Rules
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Entry :
1. Straddle Price below VWAP line
2. Expiry day after 2:00 PM, if price below minimum price than no trade.
3. Trade after 9:25 AM
Exit :
1. Straddle Price cross VWAP line (Ignore if the price difference between VWAP and Straddle is < 2)
2. When Spot move to significant (NIFTY ± 100, SENSEX ± 200, BANKNIFT ± 200).
3. CE or PE price below minimum price (NIFTY: 15, SENSEX: 30, BANKNIFT: 25)
4. 15:00 (3:00PM) all open position square off
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