Expiry Day Duplex Short Straddles Basket Strategy

Strategy Parameters Details

Entry Criteria and setup rules-:

We Will Enter in the Short Straddle (Short At the Money Strike Price) in 4 Different timings and in each time there will be two sets of short straddles entry

1. We Will enter at 9.50 in 2 Set of Straddle at one set has 25% Stop Loss & Second Straddle has 40% Stop loss Per Leg
2. We Will enter at 10.45 in second Straddle one set has 40% Stop Loss & Second Straddle has 60% Stop loss Per Leg
3. We Will enter at 11.30 in 3rd Straddle one set has 50% Stop Loss & Second Straddle has 70% Stop loss Per Leg
4. We Will enter at 12.30 in 4th Straddle one set has 60% Stop Loss & Second Straddle has 75% Stop loss Per Leg
5. After one leg Stop loss hit the second leg will continue without any change Pure Systematic trading.
6. We will only apply the setup when VIX is below 20
7. We will only apply the setup on Expiry day