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created : 2 years ago| |  live deployment: 1

created : 2 years ago |  live deployment: 1

Solvers One

by:  QCALPHA

SD

Strategy description

Short Volatility

Intraday Option Selling


The SOLVERS platform (ShOrt & Long Volatility Enhanced Returns System) runs non-directional short options trades to extract the volatility premium. 


The SOLVERS ONE strategy takes short options positions on an INTRADAY basis for BankNifty and NIFTY. The strategy creates a wide IronFly to benefit from margin reduction for risk-defined trades.


The strategy trades on BankNifty and Nifty Current Weekly Expiry options.

Certain brokers disallow buying of OTM options. To avoid errors in execution, do ensure that the strategy is deployed only with a broker that allows OTM option buying.


System Capital Requirements (1X Multiplier):

Margin Capital while in Trade:  1.5L or as per broker for Intraday single lot IronFly on Nifty and BankNifty


Broker Note:

This strategy buys OTM options as hedges when in short ATM straddle trades. This does not work with Zerodha, Aliceblue or brokers who will not allow buying OTM options. 

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