I have a question regarding FUT Trading with a 3 months hedge of bullish/bearish view and whether its possible to carry out such a trade.
For ex: I want to take Nov expiry Bank Nifty FUT with an overall bullish view. So I created a basket order and added this script.
Next what strike price buy PE should I select to hedge?
As per Zerodha Margin Calculator Page, the NRML allowed strike prices are given for weekly and next month range only. So if I was to hedge a Sep FUT Expiry or even OCT I already have an NRML strike range to choose from. But how to do for Nov?
Can anyone help out or point me in the right direction. Thanks in advance.