After i implemented the calendar, there was a steep drop of 6% in the ViX which resulted in a MTM loss. This happened though the Index was stagnant.
I am wondering how to safely counter the drop in the ViX. One way is sell additional units in the weekly. Luckily, i have the capital for that.
(https://zerodha.trade/zerodha-uploads/Nifty_calendar_7_oct.jpeg)