Strategy description

1. BTCUSD Algo Strategy Description
2. Trading Scope
   1. Trades exclusively in BTCUSD Options.
   2. Operates only on same-day expiry (0-DTE) options.
   3. Options expire daily at 5:30 PM IST.
   4. Uses an unhedged / naked option selling approach.
3. Capital & Risk Profile
   1. Recommended Capital: $500 (~₹50,000) per 1× multiplier.
   2. Expected daily stop-loss range on 1×:
      1. Typical: $32 – $60
      2. Extreme cases observed: up to $250
   3. Larger losses may occur due to:
      1. Sudden bid-ask spread expansion
      2. Liquidity-driven slippage
      3. Market order execution during volatility spikes
4. Cost & Scaling Warning
   1. Brokerage and transaction charges on Delta Exchange are very high.
   2. Increasing lot size significantly amplifies:
      1. Slippage risk
      2. Total trading costs
   3. Scaling must be done cautiously and only after sufficient observation.
5. Trade Execution Rules
   1. Trade entries are taken after 2:30 PM IST.
   2. Common structures used:
      1. Short Straddles
      2. Short Strangles
   3. If neither stop-loss nor target is hit, all positions are force-exited around 5:25 PM.
6. Asset & Exchange
   1. Asset: BTC/USD (Crypto Options)
   2. Exchange: Delta Exchange India
   3. Mechanism: Short Option Selling to capture rapid same-day theta decay
7. Execution Method
   1. Primarily uses Limit Orders.
   2. In certain conditions, Market Orders may be executed.
   3. Execution is fully automated.
8. Mandatory Configuration
   1. Margin Mode:
      1. Must be set to Cross Margin or Portfolio Margin
      2. Helps prevent premature liquidation
   2. Leverage:
      1. Options leverage must be set to 200× on Delta Exchange
9. Support & Community
   1. Telegram Updates & FAQs: (link removed)
   2. Telegram Support: @sachinjainalgo
   3. Discussion Channel: (link removed)
   4. Email Support: [email protected]
10. Referral & Fee Note
    1. Referral signup provides a 10% trading fee discount for 2 months.
    2. No waiver on:
       1. Profit sharing
       2. Fixed strategy fees
    3. No commercial brokerage-sharing arrangement exists with Delta Exchange.