Blooming Bonny

Created By: Finance Acharya
Deployed By: Tradetron

Strategy Link: https://tradetron.tech/strategy/109760

Subscribers: 2403

Rating: 3.6

Tags EarnTheta, TechnicalAnalysis, Intraday
Margin 100,000

Description:

<p><span style="font-weight: 700;">Blooming Bonny</span> is <strong>Banknifty Options Writing Strategy</strong>. This is a purely intraday strategy. It identifies <strong>option shorting opportunity </strong>and mostly takes<strong> delta neutral position.</strong> Although this is similar to classic <strong>options strangle </strong>this strategy is <strong>direction biased</strong>. It identifies a combination of Banknifty call and put to short intraday not just with objective of <strong>earning theta</strong> but also gaining profit by taking position that are direction biased based on certain parameters and <strong> technical indicators.<br></strong></p><br><p><span style="font-weight: 700;">Target:-</span></p><p><span style="font-weight: 700;">This Strategy has target of 5000 on 1x multiplier. </span>Since Banknifty movements are very fast there might be a difference of +/-200 in the actual trades.</p><span style="font-weight: 700;"><br></span><p><span style="font-weight: 700;">StopLoss:-</span></p><p><span style="font-weight: 700;">This Strategy has a fixed stoploss of 2500 on 1x multiplier. </span>Since Banknifty movements are very fast there might be a difference of +/-200 in the actual trades.</p><span style="font-weight: 700;"><br></span><p><span style="font-weight: 700;">Capital Requirement :-.</span><span style="font-weight: 700;"><br></span></p><p><span style="font-weight: 700;">This Strategy requires 90.000 margin for 2x leverage. </span>Check with your broker what is the leverage you get for intraday option writing and calculate capital requirement accordingly. <br></p><p>We suggest keeping MTM buffer of 5000 so Ideally maintain a capital of 50,000 for this strategy for 1x multiplier.</p><br><p><strong>Profit Sharing</strong></p><p>There is no upfront fees or fixed monthly fees for any of our strategies</p><p>There will be <span style="font-weight: 700;">15% profit sharing </span>monthly. The profit sharing amount will be calculated for gross profit for each strategy separately. If any strategy in loss for a specific month that loss will be carried forward to next month. So next month unless that loss is recovered and fresh new profit is generated there wont be any invoice. So to summarize Profit sharing fees is charged only for strategies in profit for any given month.<br></p><br><p><span style="font-weight: 700;">Profit Sharing Discount</span></p><p>For all the users having trading account with our Broking partner there will be <span style="font-weight: 700;">discounted</span><span style="font-weight: 700;"> profit sharing. </span></p><p><span style="font-weight: 700;">All our strategy will be FREE up-to cumulative profit of 13,400 per month for subscribers having trading account with our Broking Partner through us. </span>i,e. If you have deployed our 5 strategies then when total profit from all our strategies crosses 13,400 then the additional profit beyond 13,400 will be charged at 15%. For the discount of first 13,400 profit we will issue discount voucher worth 2,000 every month or add the discount in invoice.</p><p> <strong> </strong></p><p>To Open trading account through us with our Broking Partner you can message on telegram or email us. </p><br><p>For a <strong>diversified portfolio </strong>and balanced risk/reward subscribe and deploy our below strategies.</p><span style="font-weight: 700;"><br></span><p><span style="font-weight: 700;">Noble Nifty</span> - https://tradetron.tech/strategy/119224</p><p><span style="font-weight: 700;">Blooming Bonny DIS -</span>https://tradetron.tech/strategy/186360</p><p><strong>Radiant Ruby</strong><span style="font-weight: 700;"> -</span>https://tradetron.tech/strategy/234275</p><span style="font-weight: 700;"><br></span><p><span style="font-weight: 700;">Contact:-</span></p><p>Telegram: https://t.me/Finance_Acharya<br></p><p><strong>Telegram Group: <a href="https://t.me/joinchat/UYf9BxqCusNmoi049opYJA" title="Finance Acharya" target="https://t.me/joinchat/UYf9BxqCusNmoi049opYJA">https://t.me/joincha</a><a href="https://t.me/joinchat/UYf9BxqCusNmoi049opYJA" title="Finance Acharya" target="https://t.me/joinchat/UYf9BxqCusNmoi049opYJA"></a>t/UYf9BxqCusNmoi049opYJA</strong></p><p>Telegram Channel:https://t.me/financeacharya</p><p>Email: financeacharya.com@gmail.com</p>

Disclaimer : These results are based on simulated or paper trading or hypothetical performance results that have certain inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.

Totals
Capital 100 K
PNL 81.3 K
Drawdown 8.6 K (9%)
Std Deviation 0.31%
Sharpe Ratio 4.22
Month PNL PNL %
Oct, 20 20.3 K 20.28
Nov, 20 8.9 K 8.87
Dec, 20 7.3 K 7.29
Jan, 21 4.6 K 4.61
Feb, 21 6 K 6.04
Mar, 21 34.2 K 34.23
Apr, 21 3.7 K 3.69
May, 21 -3.7 K -3.70