Strategy description

Strategy Overview:

TCPA is a crude options non-directional (paired) strategy. It trades every day post 4:30 PM until 11:10 PM, with the flexibility to enter or exit anytime in between.

Key Features of the Strategy:

1. The strategy trades until the day before expiry of crude oil options. It avoids trading on crude oil options expiry days due to low premiums and expected gamma spikes.
2. On days when MCX trades in the evening session, the strategy will enter post 5 PM and exit at the same time.
3. It runs a single counter per day. Within the same counter, the strategy will perform its own wait/pause/exit and re-entry as needed.
4. This is an automated strategy, meaning no manual intervention is required unless an error occurs as notified by Tradetron. In case of an error, please check your broker’s position to ensure it matches with Tradetron.
5. The strategy is capital-reuse based, meaning you can utilize the same capital from your intraday trades on NFO/BFO, provided your broker allows it. Contact us for recommendations on suitable brokers.

Important Facts:

1. Capital Required: ₹5,50,000
2. Strategy Type: Intraday Non-Directional
3. Order Type: Limit/NRML
4. Expected Trades per Month: 120
5. Maximum Multiplier: 10x (Contact us via Tradetron for enabling higher multipliers)
6. Strategy Counters: Single Counter per day
7. Trade Type: Straddle Selling

Disclaimer:

Strategy One Research & Analytics is a software service provider. We are not a SEBI-registered investment or financial advisor. You should consult your investment advisor before trading Futures & Options. Paper trading and monitoring our shared code is the ideal way for you to understand how the strategy works and is recommended for at least 4-6 weeks before live deployment. Like any trading setup, algos can result in both profits and losses, and users should not expect unrealistic returns or success ratios with an automated strategy.