https://thealgobench.com/approaches/overnight/Recent content in Overnight on The Algo BenchHugoen-INMon, 09 Nov 2026 00:00:00 +0000https://thealgobench.com/strategies/sensex-overnight-strangle/Mon, 09 Nov 2026 00:00:00 +0000https://thealgobench.com/strategies/sensex-overnight-strangle/<h2 id="the-idea">The idea</h2> <p>Far out-of-the-money weekly options lose most of their value in their last day or two. A strategy circulating among traders on social media tries to collect that last bit of decay on SENSEX: the day before the weekly expiry, sell a call and a put that are each worth only about ₹30, hold them overnight, and buy them back on expiry afternoon, when they are usually worth almost nothing.</p>https://thealgobench.com/strategies/btst-option-momentum/Fri, 30 Oct 2026 00:00:00 +0000https://thealgobench.com/strategies/btst-option-momentum/<h2 id="the-idea">The idea</h2> <p>Most option strategies that do well in backtests <em>sell</em> options: they collect premium and win small amounts often. Buying options is the opposite bet, and most rules for it lose money: premiums decay every day, and the buyer pays costs on every trade.</p>