created : 8 months ago| | live deployment: 154
This strategy is designed with Bank Nifty Straddles. It buys hedges and then sells straddles to reduce the capital requirement. According to the market movement, strategy goes directional, and exits naked leg on reversals. We earn theta decay if market is range bound. If market is trending, the strategy becomes directional and earns from delta.
It buys hedges and sells ATM straddles in Bank nifty after 3pm and carries them overnight.
Strategy explanation video : https://www.youtube.com/watch?v=NA-HYKJ-3e4&t=1s
The strategy would perform well in following situations:
1) Fall in Vix
2) Range Bound movements
3) Directional Move with fall in premiums
4) Flat opening for overnight Positions
The strategy would struggle in following situations:
1) Rise in vix
2)High Volatility in market with increasing premiums
3)No decay in premiums
4) Big Gap up or Gap Down Opening.
Frequently Asked Questions
Capital Requirement : 1,10,000 Rs for 1 X multiplier. Please check with your broker for exact margin requirement.
Entry and Exit times : Entry time is 0919 hrs and Exit time is 1440 hrs (All days). (Strategy exits hedge legs at 1402hrs if no shorts present.)
Entry time is 1502 hrs and Exit is 0916 hrs for overnight positions. It doesn't carry overnight positions on expiry days.
Target : Target is 3,000 rs per day. TSL activates at 1,500 rs.
Stop loss : Stop loss is 3,000 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)
Jeetendra: @AECSupport_Tjeetu (on Telegram)
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 Nuvama, IIFL and Alice blue. Users who opens account through our referral link and trades in that account, there is no profit sharing forever.
Nuvama (Edelweiss) account opening referral link (Elite plan 3 rs/lot or Lite plan 10 rs/order)
IIFL account opening referral link (5 rs/lot or 20 rs/order)
Alice Blue account opening referral link (15 rs/order)
After opening the account, please share your client id to https://t.me/AEC_Support and fill below form which helps us in the invoicing process.
Telegram channel :https://t.me/algoedgecapital
Telegram discussions group : https://t.me/algoedgecapital_community
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.
Mitraj 1 month ago
RS-0022 - RMS:22304138931:ECONOSMART,NSE,OPTIDX,48855,BANKNIFTY-13Apr2023-43500.0000-CE,INTRADAY,,2023-04-13 00:00:00,BA11291,B,25,I,0.65,ORDERS NOT ALLOWED FOR THE PRODUCT SELECTED(PROFILE LEVEL)
Ankit Thakar 4 months ago
Hi Team, I have subscribed to this strategy since a week and looking at daily performance, it has been a loss for all days except one day where there was a small profit. Looking at the volatility in the market, is there any specific month which you advise where should not deploy this strategy? Are you looking for any modifications in the strategy?
Charanjeet Singh 6 months ago
hi Algo edge team, Could you please clarify how the trades for BNLC positional strategy was in profit of 1069 as reflected in your daily status report? I can see a loss of 1k+ instead in my portfolio even though I followed your recommendations. I am on free tier and considering subscribing to paid tier. I was testing the accuracy of your reports before I can consider upgrade so please advise.
Feroz Khan 6 months ago
Team Can you plz check and update whether TSL is working BNLC Positional Alog at 1500 SL. I saw my Notification i dint find any !
Prateek Vinod Chadha 6 months ago
V confusing, Name mentions positional and description says intraday
Nanigopal Mandal 6 months ago
Sir Telegram channel link not opening