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Published 20 hours ago • verified publisher icon algobulls

Taking positions in options based on underlying futures data

Open ssijbabu opened this issue 8 months ago • 0 comments

How can one initiate options positions relying on the underlying futures value?

For instance, if the 14-day Relative Strength Index (RSI) of Nifty Futures exceeds 70 and candle close is above pivot point, consider establishing positions in Nifty options that are trading at a premium of around 100

Is it possible, if yes, can someone provide an example strategy?

ssijbabu avatar Oct 19 '23 07:10 ssijbabu