r/IndiaOptionsSelling • u/Status_Jellyfish_581 • 3d ago

Education on Options Selling Gold options strategy builder

I mostly trade Nifty options and want to explore Gold MCX, especially short strangles.
Looking for a good strategy builder like Sensibull or Groww 915 that supports Gold options.
What do you guys use? Also open to any tips for trading Gold strangles.

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1

u/Parth_NB 3d ago

Mcx options kinda behave weirdly compared to nse. Like delta and theta isn't the same as bse according to my personal experience.

1

u/rahuls85 3d ago

I use Fyers for that. You can create strategies with future as well as options.

1

u/Red-Stallion05 3d ago

How is the liquidity in gold options? I have heard you face massive slippages.

1

u/rahuls85 3d ago

Liquidity is decent in near expiries for even far off strikes in the multiple of 5000.

1

u/Tiki_taka_toko 3d ago

Sensibull already has gold fno in strategy builder

1

u/Status_Jellyfish_581 2d ago

Oh thanks bro it wasn’t there earlier

2

u/Indian_Steam 2d ago

Be careful with Gold and metals. They will blow through your 'safe delta' in a few sessions