Double Calendar Spread
Features
visibility
View
Flat
currency_exchange
Premium
Net Credit
currency_rupee
Margin
Less than 50000
percent
POP
Less than 50%
dangerous
Max Loss
Limited
payments
Max Profit
Limited
Rules
- Find out range for near monthly expiry
- Max Call OI is upper range & Max Put OI is downside range
- Apply before 30 days expiry
- India VIX below 21
- Hold for 15 days
caution
Any event news then avoid
Legs
S
OTM
CE
1
Monthly Expiry
B
OTM
CE
1
Next Monthly Expiry
S
OTM
PE
1
Monthly Expiry
B
OTM
PE
1
Next Monthly Expiry