created : 1 year ago| |  live deployment: 0

created : 1 year ago |  live deployment: 0

Black Bull - Bank Nifty (Non Hedged)

Strategy description

Black Bull - Bank Nifty (Non Hedged) is Bank Nifty Options Writing Strategy. This is a non hedged version of Black Bull intraday strategy. It trades multiple entries each with 6 intraday Bank Nifty Straddle options strikes (3 Pairs) .To smoothen the volatility, it will continuously shuffle straddles based on price action.This is optimum Bank Nifty option selling algo for medium accounts looking for consistent returns with limited risk.


The hedged version can be accessed here.



This strategy is available totally FREE of Profit sharing if you opt for trading the strategies with our referral account with our partner broker ProfitMart. Open your demat trading account with ProfitMart with our referral link as below and you will never ever be charged again till you trade  with our referral account.


Please mail us your account details along with your Tradetron id details to [email protected]  for marking with us as eligible for ZERO profit sharing. In case you require any further information/clarification, please do mail your queries at [email protected] .


Entry: 09.31 AM to 2.30 PM depending on conditions.

Exit:    03.03 PM.


Target and Stop Loss :-


This Strategy no fixed target. It also has fixed 7500.


Please keep in mind Bank Nifty is a fairy volatile index and the ultimate results may vary minorly due to slippages and volatility.


Capital Requirement:-


As per norms of SEBI Rs. 5,25,000/-. This is indicative figures; please check with your broker for exact margin requirements. Please also keep sufficient buffers to avoid rejection of orders. If you get errors while executing orders, irrespective of what is stated above (which is purely indicative), please note that you take full care and provide for requisite margin for the execution of 6 lots. In case of any error in execution due to margins, we strongly recommend that you quit the positions manually and be done for the day. Do not try to execute and retry after error has come for Margin. 


This strategy can be deployed any time of the day, but please be aware that the results may not be as intended. Thus use abundant caution to deploy it mid day.


Profit Sharing:-


The Strategy doesn't have any upfront fees.


The strategy will entail 10 % profit sharing. The billing shall be done on fortnightly basis based on Tradetron High watermark Policy.

Special Note: As the logic of this strategy involves multiple trades, please get comfortable with the trading logic (by deploying it in paper trade, watch no of trades, Adjust your expected returns expectations with additional brokerage charges, and keep your trading account sufficiently funded for any eventuality (like taking new position without squaring off existing one, which may result in case of certain trades with certain brokerages)



I or AlgoGuru are not SEBI registered advisors or Portfolio managers. I or AlgoGuru is not responsible for any kind of loss occurred in above trading strategies. All above strategies are based on Index Options Selling. If you're not aware of losses, please read or learn about Option Selling  and do not run this strategy till you are fully aware of the risks involved.


Automated & Algo Trading:-

Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discount an algo simply because it's done poorly recently as it can revert to its usual amazing results in future. Although our algos are 100% fully automated, you're advised to keep a slant eye over the account to monitor any significant deviation or errors.


Contact Information


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Telegram (Channel):

Twitter: @algoguru1

Email: [email protected]