Strategy description

Strategy Description

This is a directional, hedged options strategy on the NIFTY index that adjusts its positions based on predefined market conditions. The strategy is designed for positional trading and includes hedge positions as part of its structure.

Strategy Logic

1. Bullish Market View
   1. Initiates a Put Option (PE) position.
   2. Initiates an additional Out-of-the-Money (OTM) Put Option (PE) position as a hedge component.
2. Bearish Market View
   1. Initiates a Call Option (CE) position.
   2. Initiates an additional Out-of-the-Money (OTM) Call Option (CE) position as a hedge component.
3. LTP-Based Strike Selection
   1. Strike selection is based on the Last Traded Price (LTP) of the relevant option contracts according to the strategy rules.

Strategy Features

1. Uses predefined exit conditions.
2. Includes hedge positions as part of the strategy structure.
3. Supports positional trading with overnight positions.

Strategy Details

1. Instrument: NIFTY
2. Capital Allocation: Rs. 1,60,000
3. Type: Positional with Hedge
4. Average Orders Per Day: 6–10
5. Shared Code: Not Provided

Customer Support

1. Mobile: 949975640/42
2. Email: [email protected]

Disclaimer

1. Shivay Financial Service is not a SEBI-registered investment or financial advisor.
2. The information provided is for informational and educational purposes only and should not be considered investment, financial, or trading advice.
3. Users should evaluate the strategy independently and determine its suitability based on their own objectives and requirements.
4. All trading and investment decisions are solely the responsibility of the user.
5. Users are encouraged to understand the strategy’s functionality, deployment settings, and operational behavior before using it.