Upstox recently introduced readymade option strategies in their platform. This feature will definitely be a big help for new traders who want to benefit from selling options. You can find many pre-curated option strategies based on risk you set. You can see probability of profit or loss and other details in that page itself. An interactive payoff graph is also given there. Multi leg order placement will help you to punch multiple orders at same time which is necessary in option selling strategies.
Before selecting readymade option strategy, you need to be sure about market trend ( Bullish, bearish, neutral or sideways market). Then you can see a list of option. Analyse risk associated with each and select any one to trade.
I have given a youtube video above about same from our youtube channel. Please check it.
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