https://thealgobench.com/tags/strangle/Recent content in Strangle on The Algo BenchHugoen-INThu, 08 Oct 2026 00:00:00 +0000https://thealgobench.com/strategies/weekly-strangle-600/Thu, 08 Oct 2026 00:00:00 +0000https://thealgobench.com/strategies/weekly-strangle-600/<h2 id="the-idea">The idea</h2> <p>Most weekly NIFTY options expire worthless. A short strangle sells one call well above the index and one put well below it, collects both premiums, and profits if NIFTY stays between the two strikes until the options are closed or expire. The further away the strikes, the less premium you collect, but the less often the index reaches them.</p>https://thealgobench.com/landmines/what-a-strangle-really-costs/Wed, 07 Oct 2026 00:00:00 +0000https://thealgobench.com/landmines/what-a-strangle-really-costs/<h2 id="the-trap">The trap</h2> <p>Using a rule-of-thumb cost per trade (&ldquo;call it 2 points a leg, each way&rdquo;) instead of a cost model built up from the actual charges and checked against real fills.</p> <h2 id="how-it-fools-you">How it fools you</h2> <p>The error can run either way, and both directions are expensive:</p>