Get a FREE 3 month Tradetron subscription!
Click Here
created : 1 month ago| | live deployment: 1
Strategy description
Strategy Description: Weekly Expiry Nifty Options
Key Features of the Strategy:
- Intraday Strategy: This strategy operates within the trading day, mitigating the risk associated with overnight price movements and news events.
- Weekly Expiry Nifty Options: Trades are executed using the nearest weekly expiry options to ensure high liquidity and minimize slippage.
- Backtested and Forward Tested: The strategy has been thoroughly backtested and forward-tested, ensuring stability even after changes in market conditions, including lot size adjustments.
- All-Weather Strategy: This strategy is designed to work effectively in various market conditions, even with changes in expiry dates or lot sizes, ensuring adaptability.
- Potential for Enhancement: The strategy includes techniques that are explained in the educational materials, which can help improve trading outcomes over time.
Details:
- Instrument Traded: Nifty Options.
- Entry Time: Between 10:15 AM and 11:15 AM, when volatility conditions and strangle width criteria are met.
- Exit Time: Either when the target is reached or by 3:25 PM, whichever comes first.
Capital Requirements:
- Normal Trading Days: ₹2,25,000 (for standard market conditions).
- Expiry Trading Day (Thursday): ₹3,00,000. This is due to the removal of margin benefits for strangles by SEBI on expiry days, which causes the jump in capital requirements.
- Capital Requirement: The capital requirement includes provisions for maximum drawdown scenarios.
Additional Information:
The backtesting data of the strategy is available on our Telegram channel. Please join the channel for live updates and insights into the trading strategy.
Disclaimer:
We are not a SEBI-registered investment advisor. This strategy is provided for educational purposes only. It is essential to consult a qualified financial advisor before implementing this strategy. While this strategy has been thoroughly tested, trading carries inherent risks, and there are no guarantees of future outcomes. We advise you to paper trade for a period to understand the strategy's behavior before using it in live markets.
