created : 4 months ago| | live deployment: 1
Radiant Ruby is Banknifty and Nifty Options Writing Strategy. This is a purely intraday strategy. It identifies naked option shorting opportunity . This strategy is direction based and trend following which takes position in Nifty and Banknifty options . It shorts index options intraday not just with objective of gaining profit by taking position that are direction based but also earning theta as per our proprietary parameters and technical indicators.
The strategy has built in reversal sensing indicators and may exit without reaching the target or SL if possibility of trend reversal is sighted.
This Strategy has target of 5000 on 1x multiplier. Since Index movements are very fast there might be a difference of +/-200 in the actual trades.
This Strategy has a fixed stoploss of 3500 on 1x multiplier. Since Index movements are very fast there might be a difference of +/-200 in the actual trades.
Capital Requirement :-
This Strategy requires 85,000 margin for 4x leverage. Check with your broker what is the leverage you get for intraday option writing and calculate capital requirement accordingly.
We suggest keeping MTM buffer of 10000 so Ideally maintain a capital of 95,000 for this strategy for 1x multiplier.
The Strategy doesn't have any upfront fees.
There will be 10% profit sharing monthly. The profit sharing amount will be calculated based on cumulative gross profit across all our strategies. For example in Radiant Ruby (This Strategy) there is profit of 20,000. For our other strategy there is monthly profit of 15,000 and in one more strategy loss of 5000.
In the above case amount of profit will be considered as 20,000+15,000-5000 = 30,000. So profit is considered as cumulative across all strategies.
Profit Sharing Discount
For all the users having trading account with our Broking partner there will be discounted profit sharing.
All our strategy will be FREE up-to cumulative profit of 20,000 per month for subscribers having trading account with our Broking Partner through us. i,e. If you have deployed our 5 strategies then when total profit from all our strategies crosses 20,000 then the additional profit beyond 20,000 will be charged at 10%. For the discount of first 20,000 profit we will issue discount voucher worth 2,000 every month.
To Open trading account through us with our Broking Partner you can message on telegram or email us.
For a diversified portfolio and balanced risk/reward subscribe and deploy our below strategies.
Noble Nifty - https://tradetron.tech/strategy/119224
Blooming Bonny DIS -https://tradetron.tech/strategy/186360
Blooming Bonny -https://tradetron.tech/strategy/109760
Telegram Group: https://t.me/joinchat/UYf9BxqCusNmoi049opYJA