created : 1 year ago| | live deployment: 2
This is an intraday Strategy on NIFTY BANK Weekly Options.
It will sell intraday Near OTM Straddle options at a specified time (varies under certain conditions).
It will also buy intraday ATM options at a specified time (varies under certain conditions).
It will have three stop losses.
- One is % based stop loss i.e. it will close the trade if x% of the premium is hit. (This x is a variable based on certain conditions.)
- One is a time-based stop loss, i.e. It will close the trade at a specified time. So if the stop loss is not hit by the method mentioned in the above, it will act as take profit point.
- Volatility based stop loss.
This is the report from 13th March 20 from Stock Mock.
Good Past performance is no guarantee of future results. It also extends to the fact - Don't discount an investment simply because it's done poorly recently - it can improve back to its way to its usual amazing results.
Although it is 100% fully automated trading, You're advised to keep a slant eye over the account to monitor any significant deviation. Click here to join our Telegram Channel for important updates.