created : 1 year ago| |  live deployment: 5

created : 1 year ago |  live deployment: 5

BankNifty OTM Hedge 9:15 Daywise

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Strategy description

This strategy will buy below BANKNIFTY OTM option pair at 9 :15 AM and exit at 3 :01 PM.

Friday : Below 10 Option premium

Monday : Below 7 Option premium

Tuesday & Wednesday : Below 5 Option premium

Thursday : Below 3 Option premium

This strategy can be deployed at any point of time within the day. It will take intraday long positions as per above conditions. Per week

900 rs premium loss per pair

300 rs brokerage (1x or 50x same)

100 rs tax per pair.

Above figures are approximate. Luckily monthly once if u get a high trending day, the hedge positions may give u return too..

Any strategy which can give more than 8% profit in a month is worth hedging.

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IIFL Refferal Link : 5 per lot (Low multiplier user)
AliceBlue Refferal Link : 15 Per Order