Strategy description

Shiva is a Directional Option Selling Strategy with hedging on both sides for the margin advantage.

All positions are intraday only and will be squared off before 03:20 PM. 

The main advantage of this strategy is to have low Drawdown and covered with deep OTM calls to protect from sudden moves and margin benefits.

Entry Timing: The new counter will start after 09:45 AM in the morning and keep adding more positions based on market moves.

• ❖ Capital Required: 1, 00,000 (for 1 Multiplier)
• ❖ Instrument: Banknifty Options
• ❖ Type: Intraday with Hedge
• ❖ Avg Trades (Buy + Sell) per Day: 2

Disclaimer:

Trade Mitra is not SEBI registered investment or financial advisor. Don't deploy any strategy based on past performance only. All the P&L updates are their own Live Auto P&L and it is for information purposes. Paper trading for a month is recommended to learn and gain confidence in the system. Returns or performance may vary on various and same brokers.