Overview

Executes overnight short strangles that capitalizes on a drop in implied volatility.

**Strangle Flux** is an overnight short strangle strategy that trades NIFTY options between 10:15 AM and 2:00 PM. Unlike a straddle, it sells a call and a put at strike prices 100 points away from the current market price — creating a wider range for profit. The strategy enters trades only when two volatility-based signals (`alpha` and `alpha2`) cross high thresholds, indicating a likely drop in implied volatility. These signals analyze the relationship between volatility changes, skew, and spot movement to identify favorable market conditions. The strategy focuses on safety and precision. It uses real-time 1-minute data, avoids stale information, and includes strict checks before placing trades — such as ensuring margin availability and verifying there's no active trade already. It also has a 2% capital-based stop loss to limit risk. On expiry days, it automatically switches to next week's options. By trading OTM options and betting on volatility cooling off, Strangle Flux aims to capture stable profits within a broader range, making it a cautious alternative to tighter setups like a straddle.

Backtested Results

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Backtesting results are based on past data. Historical data does not guarantee future results.

Key Parameters

Drawdown

Risk : Reward

Frequency of trade

Risk

This algo is managed by...

Stratzy

INH000009180 SEBI registered algo provider

Algos in market24

Active since5 Years

Deployed by12.5K users

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Flux Strangle

Overview

Backtesting results are based on past data. Historical data does not guarantee future results.