created : 8 months ago| | live deployment: 76
Nifty Directional Option Selling
(THIS IS NOT AN INTRADAY ALGO)
|Avg Monthly Returns|
|Without Brokerage||With Brokerage @ 40 / order|
|Name of Algo||What it does||Description||Suggestion||Capital||1X||1X||2X||5X||10X|
|4 White Horse Chariot||Hedge with 4 OTM Option Buy||Proper Hedge in case of black swan event and trade goings against us||New comers, GO FOR THIS ONLY||75,000||11%||1%||6%||9%||10%|
|8 White Horse Chariot||Hedge with 8 OTM Option Buy||Coverage of Risk is lesser in this case and Rewards are saved more||After 2 months, if you are enjoying profits and are confident on how this strategy works, move to this Option||75,000||15%||5%||10%||13%||14%|
|12 White Horse Chariot||Hedge with 12 OTM Option Buy||There is no coverage of risk in this case & its only to optimize Rewards||Not recommended until 6 months of trading on above options. This is HIGH RISK / HIGH REWARD||75,000||17%||7%||12%||15%||16%|
The strategy takes overnight position
- New Entry every Friday morning at 9:25 and
- Strategy Exit at 3 PM on Thursday (Weekly Expiry)
- It works great with most of the brokers, as it will always Sell ATM Strikes.
- It takes a directional Bullish position by Selling Nifty Put Options AND Bearish Position by Selling Nifty Call Options
- Hedged Algos listed above will take OTM Strikes and you need to check with your broker & make sure FAR OTM strikes are allowed
- Aliceblue and few other brokers allow FAR OTM strikes. Zerodha & many other brokers do have issues with FAR OTM so pls make sure if your broker allows 4, 8, 12 OTM strikes based on the Algo you deploy
- Best way to find is to place a OTM Buy order and see if it goes through & square of the positions immediately.
- If the broker gave you an error, then the Hedged Algo won't work on your broker & you will need to find another option
- Please do paper-trade for few weeks / months and understand how it works / performs before going LIVE
RISK / REWARD
- The max drawdown has been 12% on the capital required historically.
- DONOT increase multiplier looking at the results, as you need to save your capital in case of drawdowns
- If you don't follow the above Rule, you'll surely face problems at some time in future
- There is no Stop Loss in this system and it will exit based on the signals generated by the Strategy
- It has a target of 75% of the premium and then takes the next ATM strike in the direction of the trend
THINGS NOT TO DO
- Please don't change the multiplier during the week.
- The only time you should increase / decrease your X Multiplier is between Thursday after market hours and Friday before market hours
- If you change your multiplier in between, the strategy will not work properly and you WILL incur losses
Get in Touch with us @
- Telegram: https://t.me/quantumlabsalgo
- Email: quantumlabsalgo @ gmail . com
IMP NOTE (Must Read before going LIVE)
Whitehorse Chariot Offering & Pricing
Some History (As of 31st March 2022)
- its been 6 months we went LIVE on Tradetron and we generated 7Cr ++ in profits for all our users across WHC Series.
- We have more than 700+ Deployments across WHC Series, with more than 25 Cr AUM.
- It was an experiment done for ourselves and we gave it FREE to all users, up until now
- We at QuantumLabs are on a Mission to Empower the Retail Traders & the likes of HNI.
- Given the interest of all segments of market participants from Small Retail Trader to Ultra HNI, we have created a Very Simple RevShare plan, which cuts across all type of users
- Here is an illustration of our Simple & yet effective RevShare Model
Empowering Retail Traders
To Trade Systematically
|Initial Investment||Initial ROI||Returns||Charges|
|* Profits above 3L & upto 25L -- Flat 25% Fee|
|* To understand better, please refer WHC Offering Document |
https://bit.ly/3LAwiNt for more information.
* Please spend 1 to 2 hours or even more to read and understand what we are trying to explain. Its very very important that you understand all aspects before subscribing and trading any WHC Series
|* Above RevShare structure is applicable from 1st April 2022|
Max Power to the Retail Trader