Learn — algo & options trading in India

The Iron Condor strategy on NSE options

How the Iron Condor works on NIFTY weeklies and BANKNIFTY monthlies — leg structure, when it profits, risk, and how to automate it on KXalgo.

6 min read

Delta-Neutral options strategy explained

What a delta-neutral options strategy is, how premium-selling delta-neutral bots rebalance, and how to run one on NIFTY/BANKNIFTY in India.

5 min read

The Short Strangle strategy explained

How a short strangle works on NSE options — selling OTM calls and puts for premium, its open-ended risk, and how to run one safely on KXalgo.

5 min read

The Iron Fly (Iron Butterfly) strategy

How the Iron Fly works on NIFTY/BANKNIFTY — ATM short straddle with protective wings, max premium, narrow breakeven, defined risk, and automation.

5 min read

The Short Straddle strategy

How a short straddle works — selling ATM call and put for maximum premium, its open-ended risk, and how to run it safely with stops on KXalgo.

4 min read

The Long Straddle strategy

How a long straddle profits from a big move in either direction — buying ATM call and put, when to use it around events, and risks.

4 min read

Bull Put Spread (put credit spread)

A defined-risk bullish-to-neutral options strategy — sell an OTM put, buy a further-OTM put. How it profits, its risk, and how to automate it.

4 min read

Bear Call Spread (call credit spread)

A defined-risk bearish-to-neutral options strategy — sell an OTM call, buy a further-OTM call. How it profits, its risk, and how to automate it.

4 min read

Bull Call Spread (call debit spread)

A defined-risk bullish options strategy — buy an ATM/ITM call, sell a further-OTM call. How it profits, capped upside, and how to automate it.

4 min read

Bear Put Spread (put debit spread)

A defined-risk bearish options strategy — buy an ATM/ITM put, sell a further-OTM put. How it profits, capped downside reward, and automation.

4 min read

The Butterfly Spread strategy

How a butterfly spread works — long wings and short body for a low-cost, defined-risk bet that the underlying pins a strike at expiry.

5 min read

The Calendar Spread strategy

How a calendar (time) spread profits from faster decay of a near-term option — sell near expiry, buy far expiry at the same strike.

4 min read

The Ratio Spread strategy

How a ratio spread works — buy one option and sell more further out — its credit, its open-ended risk beyond the short strikes, and when to use it.

5 min read

Risk management & protection for options bots

Every protection layer for automated options trading — defined-risk hedges, stops, profit-lock, per-leg stops, straddle insurance, overnight hedge, trend-exit and volatility filters.

12 min read

Advanced features & automation

A tour of KXalgo's power features — AI trade checks, backtesting, the manual Trade console, level triggers, scheduled actions, adjustments, re-entry controls and multi-broker support.

8 min read

What is algo trading in India?

A plain-English guide to algorithmic options trading in India — how it works, what is legal, brokers, and how to start without coding.

7 min read

How to automate options trading on AngelOne

Step-by-step: connect your AngelOne account to KXalgo, paper-trade an options bot, and automate entries, adjustments and exits — no code.

5 min read

Iron Condor adjustments — when and how

Practical guide to adjusting a NIFTY/BANKNIFTY Iron Condor when the market moves — rolling, hedging, profit-locking, and automating it.

6 min read

Iron Condor vs Iron Fly

Iron Condor vs Iron Fly compared — strike placement, premium, breakeven width, risk, and when each suits NIFTY/BANKNIFTY conditions.

5 min read

Options Greeks explained simply

A beginner-friendly guide to the options Greeks — delta, gamma, theta, vega — and what they mean for premium-selling strategies on NSE.

6 min read

Trading BANKNIFTY options (now monthly expiry)

BANKNIFTY weekly options were discontinued by NSE — it now trades monthly expiries only. How that changes premium-selling strategies, and how to automate and backtest them on KXalgo.

5 min read

How to backtest an options strategy

Why and how to backtest an options strategy before trading it live in India — what to measure, common pitfalls, and backtesting on KXalgo.

5 min read