PCR Trading StrategyNon-Directional Strategies
Used when you expect low or high volatility but no clear trend.
Straddle
When to Use: Expecting big move either way.
Setup: Buy call + Buy put (same strike, same expiry).
Risk: High premium cost.
Reward: Large if price moves sharply.
Strangle
When to Use: Expect big move but want lower cost.
Setup: Buy OTM call + Buy OTM put.
Risk: Lower premium but needs bigger move to profit.
Iron Condor
When to Use: Expect sideways movement.
Setup: Sell OTM call + Buy higher OTM call, Sell OTM put + Buy lower OTM put.
Risk: Limited.
Reward: Premium income.
Butterfly Spread
When to Use: Expect price to stay near a target.
Setup: Combination of long and short calls/puts to profit from low volatility.
