This month it might be a typical F&O calendar month.
When I say typical I mean
Week 1 - Non-trending - Open positions are being made -
Not good for Options Trading
Week 2 - Could be trending - Fight between Bulls and Bear -
Might be good for Options
Week 3 - Could be trending - Fight between Bulls and Bear -
Might be good for Options
Week 4 - Non-Trending - Postions are being closed -
Not good for Options Trading
So normally when the market is NOT-TRENDING avoid the Strangle Options strategy.
In NON-TRENDING days/week actually you can for strategies to eat premiums.
See my diary for more information on Trending Vs Non-Trending trading in Futures.
http://www.traderji.com/trading-diary/69299-raj-trading-diary-15.html