Nifty Straddle Manager

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• Function: Executes a straddle strategy in Nifty to capitalize on theta decay.
• Hedge Management: Implements hedges to mitigate risks in case of significant market movements.
• Risk Control: Activates hedges when the market moves directionally to avoid large risks.
• Position Management: Closes all positions at predetermined points to lock in profits and avoid substantial risks.
• Goal: Aims to profit from time decay while minimizing potential losses through strategic hedging and timely position closures.