Cash on Rising IV (Implied Volatility) due to Budget Event
Strategy is to Buy Double Quantity (Next Month) in proportion to Delta of Sold Option for current month.
It can be applied on both sides of Call and PUT – so market move to any side would give us very good return while we have our Loss minimised to very low.
This strategy holds good till End of March and we can cash out of it anytime we wish.
Sell FEB (Single) – Long March (Double)
Max. Loss₹ -853 (-2.40%)
Max. Profit – Undefined
Breakevens — 16392.0-16746.0-17321.0-17426.0
Zerodha Estimated Margin 54.5k
