Best Option Buying & Selling Basket in Nifty for Intraday

In recent times, a lot has changed in the options market. Volatility is increasing, spikes are frequent, premiums are low, and margins are high. That's why a well-defined strategy is required to deal with such a market.

That's why I have created a basket that includes a buying and a selling option strategy to deal with this highly volatile market.

In this article, I will share the reason why I created this basket including the reasons for combining buying and selling. I will also share the backtest repost and the steps to deploy this in a live account through Algo trading tools.

So read this post till the end to know this option buying and selling basket in Nifty for Intraday.

Nifty Volatility and its impact on current market conditions

If you are following options trading, you must have seen that traditional time-based & rule-based intraday options strategies are not working.

Volatility is high and stoploss is triggering on both sides making it hard to generate consistent returns.

Low premiums and high margins are making it even more difficult to generate alpha by option trading. So what is the solution?

The solution is: justthe theadopt and optimise your trading strategies based on the current market conditions.

I believe that the market always changes and the only way to survive here is to adopt it. You can't expect a strategy to work all the time.

A well-defined approach that you build based on your Market reading and backtest data is all you need.

Here one thing you need to keep in mind is that you can't build a strategy based on the backtest data only. If you want a stable strategy, you need to monitor the market and include your understanding also in this.

That's why in this option buying & selling basket I have included my own reading and the backtest data to create a balanced approach that not only helps me to generate a return in the sideways market but helps me to capture the trending movements.

Why do I include Option buying with selling?

In my 13+ years of trading experience, it's almost 6 years from when I'm following delta-neutral strategies. I have observed that 70% of the time the market consolidates in a range and 30% of the time the market follows trending moves.

So to make money in a sideways market, I prefer to follow a delta-neutral strategies that involve options selling and to capture trending moves, I prefer options buying.

So in this option buying & selling basket for Intraday, I include both. My day starts with options selling and if the market takes a trending move, then my option buying basket triggers.

One more problem that we are facing right now is low return in option selling due to low premiums and high margins. To deal with it I have included option buying where return is high.

So this approach creates a balanced situation while trading options in Intraday.

I hope now you have some idea about my approach towards recent market conditions.

Option Buying & Selling Basket in Nifty for Intraday - Backtest Report

Now that I have already shared why I have included option buying with option selling, it is time to see the results.

I have created a backtest report where I have validated my idea/trading strategy for Nifty for intraday. Here is the report:

If you look at the backtest report, you will find that despite market changes, this basket has consistently generated returns based on the last 6 year data.

Now look at the statistics of this option Buying & Selling Basket:

Based on the statistics, this basket has a 63% win ratio. Return/MDD is 2.73 and the expectancy ratio is 0.25.

Don't forget to look at the correlation matrix. It indicated how beautifully both strategies are giving diversification to our portfolio.

Such a basket not only gives you a consistent return but also provides you with better diversification in all market scenarios.

Now, what do you think, Is this basket worthy enough to deploy in your account? or do you want to get instant access to this basket?

How to Get Started with Option Buying & Selling Basket – It’s Easy!

Joining is simple, and once you do, you’ll get instant access to the Nifty Intraday Option Basket and our automation tools.

3 Simple Steps to Start Trading Smarter:

1. Open a free trading account – Takes just a few minutes!
2. Get your account linked to our algo tool.
3. Start trading with our optimized Nifty Basket and enjoy seamless execution.

Have questions? Call or WhatsApp us at +91-7229945555 – we’re happy to help!

Don't want to open a trading account with us but want to deploy this strategy in your account?

You can click on the below button and get instant access by making a small payment:

Important Disclaimer:

Trading involves risk, and past performance is not a guarantee of future results. Please trade responsibly and assess your risk appetite before investing.