Sir, Thanks a lot for this amazing strategy.However I have a confusion-1:Gap up ya gap down mei agar nifty options mei intraday expiry mei trade karna hoga to kya us din ka jo opening price hai usse calculate karke analysis karenge ya jo previous day price hai use calculate karenge??
2: secondly,if we think that the market will go up,but as per your instructions we should choose the contract which has higher theta value.So if the call side contract has higher theta value but it will be in the opposite direction of the trend should we still “SELL” the call or go with the trend and sell the put although it has low theta value than that of the”CALL” option.
3.Last but not the least in the theta calculation, should we take -10 or -20% as 10 and 20% or as it is??Sir, please help me by giving a reply.
Thanks and Regard’s,