https://thealgobench.com/tags/weekly-options/Recent content in Weekly options on The Algo BenchHugoen-INMon, 09 Nov 2026 00:00:00 +0000https://thealgobench.com/strategies/nifty-5-delta-strangle/Mon, 09 Nov 2026 00:00:00 +0000https://thealgobench.com/strategies/nifty-5-delta-strangle/<h2 id="the-idea">The idea</h2> <p>Options far from the market rarely end up worth anything. A setup popular with traders sells the NIFTY weekly call and put whose <strong>delta is about 0.05</strong>, which the options market itself prices as roughly a 1-in-20 chance of each one ending in the money. It sells them four trading sessions before expiry, holds them to expiry day, and adds a stop: if the two options together become worth <strong>3.5 times</strong> what they were sold for, close both.</p>https://thealgobench.com/strategies/nifty-expiry-day-straddle/Mon, 09 Nov 2026 00:00:00 +0000https://thealgobench.com/strategies/nifty-expiry-day-straddle/<h2 id="the-idea">The idea</h2> <p>Expiry day is when weekly options lose the last of their time value. A strategy popular with traders sells the at-the-money call and put of the expiring NIFTY weekly early in the morning, collects the premium, and buys both back in the afternoon, when much of that premium should have melted away. Because an at-the-money straddle loses money quickly if NIFTY trends, the popular version adds a stop on the <strong>combined</strong> premium: if the call and the put together cost 30% more than they were sold for, close both.</p>https://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>