created : 4 months ago| | live deployment: 2
Strategy description
Premium Core Wavyes – Intraday Option Selling Strategy
Premium Core Wavyes by Resoluto is a low-risk, medium-return intraday option selling strategy focused on Bank Nifty. It enters short positions and manages them through a trailing profit mechanism to optimize gains throughout the day.
Strategy Details
| Parameter | Details |
|---|---|
| Instrument | Bank Nifty |
| Strategy Type | Intraday Option Selling |
| Risk Profile | Low Risk, Medium Return |
| Entry Timing | 9:15 AM |
| Exit Timing | 3:19 PM or earlier if TSL/universal exit is triggered |
| Deployment Window | Before 9:15 AM daily |
| Capital Requirement | ₹2,25,000 per 1× multiplier (including buffer) |
| Average Trades per Day | 2 |
User’s Responsibility
- Maintain adequate capital and generate your API token between 8:30 AM and 9:00 AM to avoid execution issues in 95% of cases.
- If an error occurs, you’ll receive a WhatsApp alert or call from Tradetron. Check the deployment log and resolve the issue immediately. If unresolved, contact Tradetron support or your broker.
- Understand that server issues, connectivity problems, or disruptions from external factors (natural/man-made) may cause financial losses. Resoluto LLP and its affiliates are not responsible for such losses.
User’s Algo Awareness
- While the strategy logic is consistent across users, differences in entry price and strike may result in varying P&L outcomes. These discrepancies are normal and tend to balance out over time.
- It is recommended to select a broker with a stable and efficient API to reduce execution-related issues.
Disclaimer
- Resoluto LLP is not a SEBI-registered advisor and does not guarantee any specific returns.
- Consult a SEBI-registered investment advisor before deploying the strategy live.
- Option trading involves significant risk and should only be used by those with a strong understanding of option selling.
- If unsure, it is advised to refrain from using this strategy.
Subscribers
