Strategy description

Strategy Overview

1. SELL two lots ATM CALL and two lots ATM PUT of Bank Nifty weekly options
2. 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

1. Margin Required: ₹300,000 (1× margin)
2. Additional Buffer: ₹30,000
3. Scaling:
   1. ₹20,000 = 1× position
   2. ₹40,000 = 2× positions

Product Type

1. MIS (Intraday)

Risk Management

1. Risk Level: Moderate
2. Stop Loss & Targets: Defined per leg as per broker’s margins
3. Drawdown: Monitor P&L regularly to stay within risk appetite
4. Trailing Stop Loss (TSL): Use broker’s TSL feature if available

Profit Sharing

1. 10% of monthly net profit
2. Adjusted after accounting for any prior month’s losses

Paper Trading Requirements

1. Paper-trade for at least one week to understand dynamics and analyze results.
2. Diversify capital across all five strategies rather than increasing multiplier on one.
3. No manual intervention during live deployment; trust the algo post paper-test.
4. Keep multiplier constant for at least one week; avoid changing based on P&L.
5. Stick with the strategy for at least one month; accept initial losses as part of systematic trading.
6. Avoid intraday adjustments (e.g., pausing, changing multiplier) during market hours.

Error & Execution Management

1. Enable notifications for execution failures.
2. Manage API tokens and redeploy via Tradetron or broker API if errors occur.
3. Monitor account for any significant deviations or slippages.

Broker Recommendations

1. Choose brokers with low or zero intraday brokerage.
2. Ensure API reliability to minimize slippage.
3. Maintain sufficient margin to handle volatility spikes.

Disclaimer & Risk Awareness

1. This strategy is for educational purposes only; no guarantee of profit.
2. Not a SEBI-registered advisor; trade at your own risk.
3. Consider your investment objectives and risk tolerance; consult a financial advisor if needed.
4. Past performance does not guarantee future results.

Contact Information

1. WhatsApp: 8100396609
2. Email: [email protected]