https://thealgobench.com/tags/win-rate/Recent content in Win rate 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>