Strategy description

INDEX EVERGREEN - LIVE AUTO

Overview

This strategy is designed for overnight and intraday option selling:

• Overnight Component: Sells one lot of Bank Nifty straddle/strangle with proper hedging at 3:20 PM and carries the position overnight.
• Intraday Component: Sells one lot of Nifty options during the day based on market direction when signals are generated.

All positions are exited daily by 3:10 PM. This strategy is structured to manage risk efficiently and adapt to various market conditions.

Key Details

• Capital Requirement: ₹85,000 for 1x multiplier (including buffer).
• Profit Target Per Day: Open (no fixed cap).
• Maximum Risk Per Day: ₹1,700 per lot.
• Fees: Free.
• Strategy Code: a411b78c-079c-4076-a594-7b4d54fbcbe5
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Handling Errors

• Ensure proper entry and exit of the strategy after logging into the broker account.
• Enable the ‘on error execution’ option to allow the strategy to exit safely in case of errors, even if unattended.
• Address any execution issues promptly by monitoring error notifications in the deployment log.
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To Contact

• Email: [email protected]
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Important Notes

• Commitment: Deploy this strategy only if you are willing to monitor and test it consistently for at least three months.
• Manual Intervention: Avoid manual interference during deployment to ensure proper functioning of the strategy.
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Disclaimer

This strategy is provided for informational purposes only. It is not intended as financial or investment advice. The provider is not a SEBI-registered investment advisor.

• Risks: Option trading involves significant risk, and users should consult with a financial advisor before deploying any strategy.
• Recommendation: Test the strategy using paper trading or minimal capital initially to understand its operation before live deployment.

No claims are made regarding performance or specific financial outcomes. Users should assess the risks and their suitability for the strategy before proceeding.