created : 7 months ago| | live deployment: 111
This strategy is designed with Nifty & Bank Nifty ATM straddles. This is an intraday option selling strategy which sells total 4 legs. This strategy always stays non directional in trade to capture theta decay through out the day by makes adjustments as per the market movements.
The strategy would perform well in following situations:
1) Fall in Vix
2) Range Bound movements
3) V shape movements to an exent
The strategy would struggle in following situations:
1) Trending Market. (Prone to higher loses in such cases)
2) Rise in vix
3) High Volatility in market with increasing premiums
4) No decay in premiums
The strategy is a fighter and would on keep paired positions. So those who want paired strategy (Always Non- Directional) may opt for same. Since chances of decay is higher when both legs are present and also since strategy has both index there is a balance of strikes in most cases.
Capital Requirement : 3,10,000 Rs for 1 X multiplier. Please check with your broker for exact margin requirement.
Capital requirement comes down to 1,80,000 Rs by using this hedge strategy. https://tradetron.tech/strategy/1811627
Entry and Exit times : Entry time is 0918 hrs and Exit time is 1444 hrs
Entry cut off time is 1400 hrs.
Target : Target is 4,600 rs per day. TSL gets activated at 2,500 rs.
Stop loss : Stop loss is 4,600 rs per day.
Live Auto PnL summary Report : Algo Edge Capital Live Auto PnL Summary
To know more details about our strategies, Please contact
Pascal: @AECSupport_Pascal (on Telegram) or Mobile: 6381308823
Jeetendra: @AECSupport_Tjeetu (on Telegram) or Mobile: 9822993747
Subscription fees : Free
Profit sharing : 5% profit sharing on tradetron shown PnL. Profit sharing invoice will be generated monthly and user need to pay within 4 days, defaulter will be blocked from all our strategies.
Profit sharing discount : We have tied up with Alice blue & IIFL. Users who opens account with Alice blue and IIFL through our referral link and trades in that account, there is no profit sharing forever.
IIFL account opening referral link (5 rs/lot brokerage on options)
After opening account, please share your client id to https://t.me/AEC_Support
Telegram discussions group : https://t.me/algoedgecapital_community
Telegram channel : https://t.me/algoedgecapital
Twitter link : https://twitter.com/vamshisharan
Disclaimer : Algo Edge Capital or I am not a SEBI registered investment or financial advisor. Don't deploy our strategies purely based on past performance only. We are not responsible for your profit or loss. Although this strategy is fully automated, you are advised to keep a track on your account to monitor any deviations or errors. As option selling involves market risks, Please consult your financial advisor before investing.