Question 1

What is 'ATM distance' and how does it work on different indices?

Accepted Answer

ATM distance is the number of available strike steps away from the at-the-money strike. Distance 0 is always ATM. Distance +2 means 2 strikes in the OTM direction. The actual point gap depends on the underlying's strike spacing — on Nifty with 50-point intervals, distance 2 = 100 points OTM. On BankNifty with 100-point intervals, distance 2 = 200 points OTM. The same configuration adapts to each instrument's strike structure automatically.

Question 2

How is Rolling Charts different from the Strategy Builder?

Accepted Answer

The Strategy Builder uses absolute strikes — you pick a specific strike like '22500 CE.' Rolling Charts uses relative strikes — you define 'ATM+2 CE' and it always maps to the strike 2 steps OTM from current ATM. Strategy Builder is for one-time strategy construction with full Greeks and payoff analysis. Rolling Charts is for systematic strategies deployed repeatedly — the same configuration reprices automatically each new expiry.

Question 3

Can I use Rolling Charts for strategies that span two different expiries?

Accepted Answer

Rolling Charts selects a single expiry for the full configuration — all legs are priced for the same expiry date. For diagonal strategies involving two different expiries, you would need to model each expiry's legs separately and combine them conceptually. The widget is optimised for same-expiry structures deployed on a rolling weekly or monthly basis.

Question 4

Does Rolling Charts support ratio spreads with different buy/sell ratios?

Accepted Answer

Yes — the ratio field on each leg accepts any integer value. Set the buy leg ratio to 1 and the sell leg ratio to 2 to create a 1:2 structure. Set 2 and 3 for a 2:3 ratio. Mix CE and PE legs at different ratios to create any asymmetric structure. The payoff chart automatically aggregates all leg P&Ls into the combined position curve.

Question 5

How does linking to the Chart widget work?

Accepted Answer

In the Rolling Charts widget, select a linked Chart widget from the settings. Once linked, the payoff curve from Rolling Charts overlays on the price chart — you can visually compare your breakeven levels against recent price history. This helps confirm whether the current market range fits your strategy's profit zone before committing capital.

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