

created : 2 years ago| | live deployment: 7
Strategy description
Strategy Overview
- SELL two lots ATM CALL and two lots ATM PUT of Bank Nifty weekly options
- BUY two lots OTM CALL and two lots OTM PUT of Bank Nifty for cross-margin benefit
Entry Timing: Any time after 9:15 AM
Exit Timing: Before 3:08 PM
Capital Requirements & Position Sizing
- Margin Required: ₹300,000 (1× margin)
- Additional Buffer: ₹30,000
- Scaling:
- ₹20,000 = 1× position
- ₹40,000 = 2× positions
Product Type
- MIS (Intraday)
Risk Management
- Risk Level: Moderate
- Stop Loss & Targets: Defined per leg as per broker’s margins
- Drawdown: Monitor P&L regularly to stay within risk appetite
- Trailing Stop Loss (TSL): Use broker’s TSL feature if available
Profit Sharing
- 10% of monthly net profit
- Adjusted after accounting for any prior month’s losses
Paper Trading Requirements
- Paper-trade for at least one week to understand dynamics and analyze results.
- Diversify capital across all five strategies rather than increasing multiplier on one.
- No manual intervention during live deployment; trust the algo post paper-test.
- Keep multiplier constant for at least one week; avoid changing based on P&L.
- Stick with the strategy for at least one month; accept initial losses as part of systematic trading.
- Avoid intraday adjustments (e.g., pausing, changing multiplier) during market hours.
Error & Execution Management
- Enable notifications for execution failures.
- Manage API tokens and redeploy via Tradetron or broker API if errors occur.
- Monitor account for any significant deviations or slippages.
Broker Recommendations
- Choose brokers with low or zero intraday brokerage.
- Ensure API reliability to minimize slippage.
- Maintain sufficient margin to handle volatility spikes.
Disclaimer & Risk Awareness
- This strategy is for educational purposes only; no guarantee of profit.
- Not a SEBI-registered advisor; trade at your own risk.
- Consider your investment objectives and risk tolerance; consult a financial advisor if needed.
- Past performance does not guarantee future results.
Contact Information
- WhatsApp: 8100396609
- Email: [email protected]
Subscribers
