Strategy description

MS Evergreen V2 Strategy

The MS Evergreen V2 Strategy is an option selling strategy designed to capture theta decay from both Call and Put options. This strategy primarily involves selling At-the-Money (ATM) options for the current month's expiry. The strategy adapts to market conditions.

Key Details

1. Entry Timing: New cycles start on the first Friday of the current month’s expiry. However, deployment can be initiated at any time during the cycle. For optimal results, it is recommended to deploy the strategy within 5-6 days after the start of the month.
2. Capital Required: ₹ 2,50,000 per multiplier (X).
3. Overnight Capital Usage: ₹ 1,20,000 per multiplier (X).
4. Maximum Open Positions: 4 at any given time.
5. Average Trades Per Month (Buy + Sell): 50-60 trades.

User Responsibilities

1. Error Management: In case of deployment errors, users will receive notifications. Please check the notification log to identify and resolve any issues promptly. For additional support, contact the support team.

Algo Awareness for Users

1. Strategy Logic and Outcomes: Although the strategy logic is consistent, individual outcomes may vary based on entry strike and price. The adjustments and results throughout the cycle (until the current month expiry) may differ. Over time, these differences typically balance out among users.
2. Broker Selection: To optimize outcomes, consider using low-cost or zero-brokerage brokers. It is also advisable to select brokers with reliable APIs to minimize execution issues. For assistance with selecting a broker or managing brokerage costs, feel free to reach out for guidance.

Disclaimer

The strategy developer is not a SEBI-registered investment or financial advisor. This strategy is provided for educational purposes only. Users are strongly encouraged to consult with a qualified financial advisor before deploying this strategy live. It is highly recommended to practice with paper trading for at least one month to understand the strategy’s behavior and ensure you are comfortable with its operation.

Please note that trading strategies are not a shortcut to wealth, and a disciplined approach is essential. Variations in results are inherent to all trading strategies, and users should only trade with capital they can afford to allocate.