created : 2 months ago| | live deployment: 74
Strategy description
Zeta Index Positional / ZIP
Strategy in Brief:
A Positional Strategy that Sells directional option spreads in Banknifty and Nifty.
This strategy may not work with brokers that restrict otm strikes (+/- 1000 in BankNifty and +/- 600 in Nifty). Please check with your broker before deploying.
Please do Paper trade for 1-2 weeks before deploying in live.
Ideal Day to deploy, 1st day of new expiry before market opens
ZIP Strategy Introduction Video
How it Works
- This is a positional strategy strategy, and you should keep patience with the positions taken and allow the positions to play and eat theta.
- The strategy has a fixed SL as a % of entry price per leg and the target is also fixed as a % of entry price of the leg. This number is determined by back test to have the best possible return for you.
- The strategy makes money from delta moves and theta decay and incase of a trending market, mostly when there is a breakout.
What to Do
- Fire and Forget. Leave it in auto mode and see the magic. We recommend you put this strategy in TT Paper Trade for the first week, this will help you build patience required for sticking to the strategy.
- Be Patient. Allow the strategy to work. It may take multiple positions during the day. It may also not carry any overnight trades if it feels there is no Risk vs Reward to do so.
- The strategy runs from first day of expiry to the last day of expiry, it will end on its on on expiry you dont need to do any manual actions. If you decide do exit mid week we request you to wait till the next week to start a fresh
- Recommended Multiplier is 1x to 10x.
- You can however exit the strategy if you like the profits you have made. However, we recommend you earn from delta and eat theta with us.
What Not to Do
- Don't trade this strategy inconsistently. You need to give it at least 2 weeks in live before deciding if it is useful for you or not.
- Don't Panic, this strategy analyzes trade parameters frequently before deciding the move. The objective is the remove the noise and avoid congestion instead of being desperate to take a position and earn theta.
Support
Telegram Channel: StrategyOne Telegram Channel
Our Strategies portfolio is as below :-
- Gamma - Positional Option Buying Strategies
- Theta- Intraday Option Selling Strategies (Straddle/Strangles)
- Delta - Swing Positional Futures Strategies
- Zeta - Positional/Intraday Option Selling Strategies
Recommendations
We highly recommend that people must have a basket of strategy to get a smoother equity curve with less drawdown. Please feel free to contact us so that we can make a basket according to your risk appetite.
Disclaimer: Strategy One is not a SEBI-registered
advisor. We are not liable for any losses as a result of using this
strategy. Please consult with your Financial Advisor before Trading. We
strongly recommend to paper trade the strategy for at least a fortnight
before deploying it live.
Statistics
Rajnish Dahiya 3 days ago
I am giving 1 star extra for providing trade wise paper trading history, otherwise I would have given 3 stars. This helps one to do various calculations, specially precise costs and estimated slippages. Please note that my review is based on 1 week live usage plus published paper trading history. Now coming to strategy, keeping returns and draw downs aside for now as that is for personal apatite, I saw a runaway bogus trade issue. on 19th May. Just see paper trading history, almost entire day entering/existing at same price. It did almost 10-12 trades during short span of 1 min around 11:25AM. That's like an HFT strat :). That is clearly a bug somewhere. Deducting a star for this. Another big issue is huge slippage. As one can see in paper trading, pnl for May 13th to 19th counter is Rs -3280 and total notional traded is around 3L. But my TT and brokerage account shows a pnl of Rs -6400. So roughly 1% slippage. And this thing is not mentioned anywhere in strategy description. It should be there in bold letters EXPECT 1% SLIPPAGE FOR THIS STRATEGY. Deducting a start for this. Now let's add this slippage to strategy's paper trading results. I see it doing avg. 3L notional per week. So roughly 12k slippage per month which comes out to 11% of capital. So modified numbers as on May 21st would be Month PNL PNL % Mar, 22 ? 28 K 25 Apr, 22 ? 14 K 13 May, 22 ? -30 K -28 Now if above numbers look good to you ,then it's a good strategy for you.
The Option Guru 1 week ago
The strategy is very amazing... the best part is that it exits from a profitable trade quickly when it sees a reversal of trend. The current month though has been difficult (But that is true for almost all strategies this month). We must have faith in the system and the returns we had in past will come back again... DD is a part of the game and we must accept it humbly. Optimum Sizing based on capital is the key to staying in the game.
Soumen Kumar Dey 2 weeks ago
Sitting with 25% DD. 95k loss with 4 L capital in just 3 weeks.
SANKAR 2 weeks ago
big loss
Rahul Srivastav 2 weeks ago
Saw -22% DD in just 4 days on live account. Had deployed it together with TSS. Too much slippage upto 2%. Starting account 3.1L, current at 2.5L in just 1 month 10 days.
Dezee Jain 2 weeks ago
I see that many ratings, are actually clarifications/queries asked. Tradetron system doesn't allow asking questions without giving a star (I also tried one, I was forced to give start rating even on asking questions, arbitrarily I gave 3 stars without actually meaning to give any stars), most of the reviews/ratings are actually misleading. What shows as 4 stars, if you go down the review section, you would notice that most of it is flooded with queries/questions/clarifications with high star ratings. As such, algo reviews and stars are totally unreliable. Maybe this is a system shortcoming, which algo-creaters are playing to their advantage by getting people to just ask questions with 5 star ratings, thereby improving their overall star ratings. I suggest that stars be limited strictly to Real Reviews and should be moderated by Tradetron team, rather than being allowed to be posted and replied to by all and sundry. For asking questions, you should introduce another tab/option which shouldn't require any stars to be given. Even for this comment, I am forced to give a star (I chose 1, apologies, its worst, but it should force the strategy runners to actually talk to tradetron and get this shortcoming removed, a 5 start would encourage them to leave it unattended)
sandeep rathi 2 weeks ago
deployed this on 4th May and since then around 9000 loss. But i am ok with it as this is part of trading. I guess i am so unlucky for this haha. Trust on you sir and this strategy. That it will recover losses at end of month.
SUSHMA KUMAR 2 weeks ago
I was checking downloaded excel data of strategy. In may-2022 loss showing is Rs. -14000 but here in PNL it is shown as -4K. Please clarify if i am wrong.
Pankaj Fegade 2 weeks ago
I deployed this from today Live Auto with ICICIDirect,
Chandran Anu 2 weeks ago
as it takes numorous trades per day, will it be frasible with angel broking, or should i move to a discount brocker?
Niranjan 3 weeks ago
All trade taken today was exited in my trading platform but in TT it is shown as live entered im confused i just start deploying today please exlplain me
Neeta 3 weeks ago
Telegram par join kyon nahin ho raha main? I subscribed and deployed zeta index.
Archana Singh 3 weeks ago
I am planning to use this strategy with my paytm money account will it be okey
gaurav bhaskar 3 weeks ago
after doing paper trades for almost 2 weeks, i am thinking to deploy this strategy in live from monday, hope this strategy perfoms great in coming months.
Ajoy Biswas 3 weeks ago
ye strategy me loss kob hota hai????
Shiva 3 weeks ago
Best trend following strategy on tradetron and creators are also very helpful and responsive.
Animesh Kumar Bhadra 3 weeks ago
This is a great directional strategy for people who want peace of mind. The creator StrategyOne are very helpful. They conduct various webinars on different trading related topics. The best part of this strategy is very low slippage, not sure how the creators achieve this but it is a boon. It remains on the sideline in volatile markets, this may be a reason to miss a trend, but better late than sorry. Once it catches the trend, then it acts like a lion on the prey. Please deploy on PT and check its performance and then go live. This is one of the best strategy on TT market place for directional option selling. It runs better than the horses. Pun Intended.
Ashwani Jain 3 weeks ago
Wonderful strategy it is catching almost every trend with high accuracy. Will like to increase my multiplier slowly as suggested by the creator.
Ashwani Singh 3 weeks ago
This strategy is like those random dogs which barks on every car which passes, If there is no clear trend, this strategy will keep taking loss making trades though out the day. if you are comfortable loosing 10% in a week then surely you can go ahead with this strategy because one trending day can make similar returns as well.
Prtaik Sharma 3 weeks ago
Can I deploy it any time or change the multiplier any time? or it is to be done post weekly/monthly expiry trading hrs only?
Girija S 4 weeks ago
What if on some day if SL hits and we loose about more than 20%, do we need to deploy additional capital and always maintain 1 lakh
Durga Prasad 4 weeks ago
how much brokerage approximately we paid to the broker per month approximately,pls tell?
Shivani Yaduvanshi 4 weeks ago
going good till now. deployed since 2-3 weeks. overall in good profit. please share you dedicated telegram channel link for constant update.
Suresh S 4 weeks ago
Hi can i use kotak security for deploy this statergy. Is it good?
Kushal Patel 1 month ago
7.5 % profit sharing is too much. plz keep it 5 %
Akkiraju V L M yasaswi 1 month ago
Great startegy
DVS V 1 month ago
Kindly help with telegram channel link. The above is not working. Also, I am seeing 3 strategies - Zeta Index Positional, Zeta Index Positional Nifty, Zeta Index Positional BNF. which one should I opt for? Thank you
Tarun Gour 1 month ago
This is very good strategy with great return in longer.. Whats app Ajay N 8519406295 (order will execute Otm Strikes with lowest brokerage) Kedia kepital allows for buying far OTM, which is very necessary for this strategy for hedging purposes.
Naman Bhardwaj 1 month ago
I am planning to use fyers for this strategy. Will it be okay??
alamshaha mujawar 1 month ago
Kitna capital required he aour wisdom capital broker chalega kay sir
Murali Neeli 1 month ago
Pls tell me best broker for this strategy
Rajesh V 1 month ago
Hello...does this strategy hold overnight positions.
astha muthoo 1 month ago
Best positional strategy.. Good job guys
Jay! 1 month ago
Can I Start Today Or I Need To Wait Monday For Deploy ?
JJ 1 month ago
Its taking very big hits (loss) of around 5 % within 1st hour. Pls review
Arifsha Diwan 1 month ago
Quick response from creator ! Good, Strategy me to dum hai hee ?
Rohan Mhatre 1 month ago
Best positional strategy i have used till now!
Durlabh Sethi 1 month ago
Super effective strategy and highly responsive creator!
Balakrishna R 1 month ago
This is the simply the best directional strategy i have used till date. Kudos to Strategy One for creating such a wonderful strategy.
Amirali 2 months ago
Wowww.. Chota packet bada Dhamaka - Apt name for this one...One of the least capital induced opt selling from SO stable & Amazing returns in short term - though too early to comment on that, but giving that kinda results during such volatile mkts speaks volume about the brain behind the strategy. I trust you would continue to amend & upgrade this one to fine tune for better results. DD is quite low which is unbelieveable vis-a-vis returns & sharpe ratio which is understood as its in nascent stage. Wishing you all the very best...