Study how prominent strategy families make money—without pretending to reveal private secrets.
This playbook translates publicly known methods—trend following, volatility risk premium, factor investing, value, market-making concepts, and tail hedging—into NSE-focused parameters, formulas, risk checks, and Pine Script starting templates.
Range = High(09:15-09:30) - Low(09:15-09:30); Long if Close > ORH and Volume > SMA(Volume,20) × 1.3
Long option if Premium Close > Option VWAP and Volume > SMA(Volume,20) × 1.5 and RSI(14) > 55; Risk = Entry - SignalLow
Breakout = Index Close > High(09:15-09:45); Option trade allowed if ADX > 18 and Range < 0.7 × ATR(14 daily proxy)
Core formulas desk
Useful for theoretical option delta and price; Indian traders often use market IV from option chain instead of assuming σ.
Approximate range for expiry. Compare with support/resistance and event risk.
Compare India VIX / option IV against actual movement.
Use fractional Kelly only; full Kelly is too volatile for Indian gap risk.
For strategy comparison; use after costs and taxes.
Popular but not sufficient alone; combine with OI change, price action, and risk limits.
For defined-risk intraday option selling; always pre-calculate margin, worst loss, and exit rules.
Use this before option buying/scalping so one trade cannot damage the account.