When you buy a stock, the only way you make money is if it goes up.
When you short a stock, the only way you make money is if it goes down.
So in stocks, P&L comes only from direction — up or down.
Options are more interesting.
You can also make money when the market goes sideways.
Example: NIFTY at 20,000.
If you believe today it’ll stay between 19,900–20,100, that view itself can be traded profitably.
To express that view, traders use a strategy called a Short Strangle.
You sell a 20,100 Call + 19,900 Put simultaneously.
If NIFTY stays in the range, you pocket time decay → profit.
If the range breaks, the position can move into loss.
Payoff looks like this —
Green: Market holds the range (optimal)
Red: Market breaks the range (unfavorable)
Essentially you’re betting on “nothing major happens today.”
Enter Holonomy’s Short Strangle
For traders who like to push the envelope, there’s a smarter version called Holonomy’s Short Strangle — built using some very clever math.
“Holonomy” is a geometric idea about how paths loop over time. Applied to markets, it analyzes price loops + time + volatility to detect when the index is likely to mean-revert vs. break out.
Holonomy tries to answer a simple but powerful question:
“Is today a day where NIFTY is going to stay inside the box, or jump out of it?”
What Makes It Special
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Intraday Friendly: Designed for fast, same-day trades
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Pattern Recognition: Uses mathematical loops to detect hidden structure in price
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Smart Timing: Trades only when volatility + time alignment makes payoff favorable
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Risk Protocol: Uses stop-loss discipline to protect capital on range breaks
Performance Summary
You can explore the detailed performance metrics here: Link
Or simply download the app and explore the algo’s trades and stats. Happy alpha-seeking!