Strategy description

Strategy Overview:

CND is an Intraday Directional Strategy for Crude Oil and Natural Gas Options.

Trading Hours: CND trades every day post 3:50 PM until 11:30 PM, with flexibility to enter or exit at any time in between.

Key Features of the Strategy:

1. The strategy trades until the day before the expiry of crude oil options. Trading is avoided on expiry days due to low premiums and expected gamma spikes.
2. On days when MCX trades in the evening session, the strategy enters post 5 PM and exits at the same time.
3. It runs a single counter per day. Within the same counter, the strategy will manage its own wait/pause/exit and re-entry based on market conditions.
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, check your broker's position to ensure it matches with Tradetron.
5. This strategy is capital-reuse based, meaning you can use the same capital from your intraday trades on NFO/BFO, provided your broker allows it. Contact us for help finding the right broker.

Important Facts:

1. Capital Required: ₹3,50,000
2. Strategy Type: Intraday Directional
3. Order Type: Limit/NRML
4. Expected Trades per Month: 150
5. Maximum Multiplier: 10x (For enabling higher multipliers, contact us via Tradetron)
6. Strategy Counters: Single Counter per day
7. Trade Type: Naked Selling

Disclaimer:

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