created : 1 year ago| | live deployment: 2
created : 1 year ago | live deployment: 2
Melting Premium On Banknifty Monthly
Strategy description
In this strategy we are trading monthly banknifty contracts. A simple Iron Condor is sold in the morning. Leg wise MTM is monitored and lossing trade is closed if banknifty picks trading while holding the winning trade for more theta benefit.
Strikes are selected dynamically based on index behaviour. SL is also managed dynamically.
There is no profit target for the day while max loss is set at 3600 per lot for a day. Dynamic stop loss also kicks in to protect the MTM gains starting at 1250 levels
No Reentry is made to keep the cost low.
Customer support at [email protected] or 9711490798
