Strategy description

Intraday CrudeOil Option Buying Strategy

This strategy is designed to catch momentum in the CrudeOlil options on MCX market, It operates as an Intraday options buying strategy. It is essential to be consistent with this strategy. The strategy can be used up to a 1X multiplier, requiring ₹50,000 capital for 1 lots.

Key Details

1. Capital Required: ₹50,000 per lot (for the trading account).
2. Multiplier: Up to 1X (₹50,000 capital needed for 1 lot). Will increase the multiplier on request. First test this for few weeks on your broker.
3. Strategy Start Time: 9:15 AM
4. Strategy End Time: 11:43 PM
5. Target: As per momentum conditions
6. Stop Loss: Based on your risk tolerance. Always keep the multiplier in line with your risk capacity.
7. Action: The strategy buys both CE (Call Option) and PE (Put Option) according to the momentum direction.
8. Trades: The strategy can take multiple trades. Use zero brokerage brokers.
9. Manual Exit: If you do not achieve the Target, exit manually with any remaining loss anytime during a day, and in evening you start again, till then pause the strategy.
10. Token Generation: Always generate a token every morning before the market opens.
11. Contact Information: For support, you can reach TradingEDGE at [email protected] or call 7984076554.