What is a Calendar Spread strategy? Can I create it using Strategy Bot?
Yes, you can create a Calendar Spread strategy using Strategy Bot.
A Calendar Spread involves two option contracts of the same strike and type, but with different expiry dates—typically one from the current expiry and one from the next expiry.
Example:
If you add a NIFTY option expiring on 14th Aug along with the same strike option expiring on 21st Aug, the combination forms a Calendar Spread strategy.
? Calendar Spreads are commonly used to benefit from time decay differences between expiries.
Still have questions?
I had set up a desired Stoploss (SL) and Take Profit (TP) points/values — why did the system not properly trigger the Strategy SL & TP?
What happens if I adjust legs near market close or expiry?
When should I use Leg Adjustment?
Why did my strategy hit Stop-Loss after leg adjustments, even though it was in profit?