Strategy description

Strategy Description

This is a directional option strategy on the NIFTY index that utilizes predefined position structures and automated trade management rules. The strategy operates on an intraday basis and adjusts positions according to its internal market assessment framework.

Strategy Logic

1. When Bullish Conditions Are Identified:
   1. Sell a Put Option (PE).
   2. Buy a farther Out-of-the-Money (OTM) Put Option (PE) as part of the position structure.
2. When Bearish Conditions Are Identified:
   1. Sell a Call Option (CE).
   2. Buy a farther Out-of-the-Money (OTM) Call Option (CE) as part of the position structure.
3. LTP-Based Strike Selection:
   1. Short and corresponding option legs are selected based on predefined option price criteria.

Position Management Framework

1. Positions are managed through predefined strategy conditions.
2. Position closure and adjustment decisions are governed by automated strategy rules.
3. Additional option legs may be used as part of the overall position structure.

Key Highlights

1. Intraday strategy.
2. Automated rule-based execution.
3. Directional trading framework.
4. Predefined position management process.

Strategy Details

Customer Support

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

Disclaimer

1. Shivay Financial Service is not a SEBI-registered investment advisor or financial advisor.
2. This strategy is provided for educational and informational purposes only.
3. The strategy executes trades based on predefined conditions and market data.
4. Market conditions, execution behavior, and strategy operation may vary over time.
5. Users should independently evaluate whether the strategy is suitable for their objectives and account configuration.
6. Users are responsible for their deployment choices, trading decisions, and account management.
7. Broker, exchange, API, connectivity, platform, and other technical factors may affect strategy execution.
8. Users may choose to observe the strategy in a simulated environment before enabling live execution.