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created : 4 days ago| |  live deployment: 1

created : 4 days ago |  live deployment: 1

Superjet intraday hedging

Strategy description

Strategy Name: Superjet intraday hedging

Strategy Type: Intraday Option Selling for Nifty

Superjet intraday hedging Nifty is an intraday options-selling strategy focused on Nifty, entering with paired short positions. If the market trends in one direction, the strategy exits the underperforming leg and maintains the profitable position. Should the market reverse significantly, the strategy re-establishes a paired position by exiting the open leg.


Capital Required:₹150000
Entry Time:Any time
Exit Time:3:10 PM
Approximate Drawdown:4%
Dynamic Profit Booking:Yes
Average Trades per Month:Approximately 220
Maximum Stop Loss:₹2,500 per day


User Guidelines

  1. Capital Management: Users are advised to maintain 5-10% additional capital above the recommended amount to account for possible changes in margin requirements on days with increased market volatility (e.g., rising VIX).

  2. Token Generation: Ensure tokens are generated between 8:30 AM and 9 AM to avoid execution issues. If any errors occur in deployment, users will receive notifications via WhatsApp or Tradetron. Prompt action is recommended to prevent unexpected results.

  3. Algorithm Awareness: In Tradetron, entry strikes and prices may vary slightly among users, potentially leading to minor differences in outcomes. Over time, these differences typically balance out.

  4. Broker Selection: To optimize monthly results, users may consider using a low or zero-brokerage account. Reliable broker APIs with minimal execution issues are preferable. Contact us if you need additional feedback on broker selection.

Disclaimer

We are not SEBI-registered investment advisors. This strategy should not be deployed solely based on potential return expectations. All trading carries inherent risks, particularly in options. Consult with your financial advisor before using this strategy. Option trading involves substantial risk, and this strategy is recommended only for those with a comprehensive understanding of option selling/trading.

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