Wanna sell straddle on opening 1min candle : conditions set : straddle ce pe premium reaches let’s assume greater than 200 in nifty 50 options.
I don’t know if it will work with limit or market order better. Also if m selling more the premium i fetch with rules set in opening seconds, better.
There wud be time when my criteria won’t fit because premium in opening seconds is very dynamic & volatile, so market order m not looking for.
2nd sub level rule would be to get a proportionate% of ce pe : 60-40 or 40-60 or sometime 70-30 , to get balance between the premiums , it should not be extreme ce or pe premiums. Like 200 straddle premium : ce > 120 & pe > 80 & vice versa.