Strategy Link: https://tradetron.tech/strategy/109760
|Tags||EarnTheta, TechnicalAnalysis, Intraday|
Blooming Bonny is Banknifty Options Writing Strategy. This is a purely intraday strategy. It identifies option shorting opportunity and mostly takes delta neutral position. Although this is similar to classic options strangle this strategy is direction biased. It identifies a combination of Banknifty call and put to short intraday not just with objective of earning theta but also gaining profit by taking position that are direction biased based on certain parameters and technical indicators.
This Strategy has target of 5000 on 1x multiplier. Since Banknifty movements are very fast there might be a difference of +/-200 in the actual trades.
This Strategy has a fixed stoploss of 2500 on 1x multiplier. Since Banknifty movements are very fast there might be a difference of +/-200 in the actual trades.
Capital Requirement :-.
This Strategy requires 90.000 margin for 2x leverage. Check with your broker what is the leverage you get for intraday option writing and calculate capital requirement accordingly.
We suggest keeping MTM buffer of 5000 so Ideally maintain a capital of 50,000 for this strategy for 1x multiplier.
The Strategy doesn't have any upfront fees.
There will be 10% profit sharing monthly. The profit sharing amount will be calculated based on cumulative gross profit across all our strategies. For example in Blooming Bonny (This Strategy) there is profit of 20,000. For our other strategy there is monthly profit of 15,000 and in one more strategy loss of 5000.
In the above case amount of profit will be considered as 20,000+15,000-5000 = 30,000. So profit is considered as cumulative across all strategies.
Profit Sharing Discount
For all the users having trading account with our Broking partner there will be discounted profit sharing.
All our strategy will be FREE up-to cumulative profit of 20,000 per month for subscribers having trading account with our Broking Partner through us. i,e. If you have deployed our 5 strategies then when total profit from all our strategies crosses 20,000 then the additional profit beyond 20,000 will be charged at 10%. For the discount of first 20,000 profit we will issue discount voucher worth 2,000 every month.
To Open trading account through us with our Broking Partner you can message on telegram or email us.
For a diversified portfolio and balanced risk/reward subscribe and deploy our below strategies.
Noble Nifty - https://tradetron.tech/strategy/119224
Blooming Bonny DIS -https://tradetron.tech/strategy/186360
Radiant Ruby -https://tradetron.tech/strategy/234275
Telegram Group: https://t.me/joinchat/UYf9BxqCusNmoi049opYJA
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.
|Capital||₹ 45 K|
|PNL||₹ 47.1 K|
|Oct, 20||₹ 20.3 K||45.07|
|Nov, 20||₹ 8.9 K||19.72|
|Dec, 20||₹ 7.3 K||16.20|
|Jan, 21||₹ 4.6 K||10.25|
|Feb, 21||₹ 6 K||13.42|