created : 3 months ago| | live deployment: 2
OPTION TORNODO is CLEVER BANKNIFTY OPTIONS SELLING STRATEGY.
It sells intraday BankNifty weekly options with setout parameters for entry time, strike, exit time and stoploss.
This strategy is programmed for individual investors seeking for consistent returns with limited risk.
SCRIP: BANKNIFTY – WEEKLY EXPIRY
TRADE: SELLING OF 01 LOTS OF CALL OPTION AND 01 LOTS OF PUT OPTIONS
MARGIN REQUIRED: 80000K ON MIS ORDERS
LOSS PER LOT TRADE:1500
EXIT: 1500 HR
MONTHLY FEES FOR STRATEGY:??
Slippage and Latency: Although stoploss for each trade is 1500 we have recorded stoploss in range of1200 to 2100 in our live trading due to slippage and latency.
BELOW INFORMATION ON THE STRATEGY ON 1XMULTIPLIER.
· This strategy requires 150K Fund to initiate all strategy.
· This strategy will sell BANK NIFTY WEEKLY Options CALL and PUT at predefined time and will exit at 1500 HR.
· This strategy has set parameters whereby each trade will exit at loss of 1500, maximum daily loss in the strategy will be 3000 depending upon market dynamics.
· This Strategy will earn theta value and has no parameters setout for gains. Daily gains will be bagged at exit of the strategy at 1500 HR.
MYALGO is not SEBI registered advisor or Portfolio manager. We are not
responsible for any kind of loss occurred in above trading strategies. If
you're not aware of losses, please consult with your Financial Advisor before
subscribe any strategy.
MYALGO is not SEBI registered advisor or Portfolio manager. We are not responsible for any kind of loss occurred in above trading strategies. If you're not aware of losses, please consult with your Financial Advisor before subscribe any strategy.
RULES TO FOLLOW:
A STRATEGY IS ONLY AS GOOD AS YOUR WILLINGNESS TO FOLLOW YOUR OWN RULES.
A SOUND STRATEGY WHEN IMPLEMENTED WITH DISCIPLINE IS A WINNING FACTOR.
CONTROL YOUR EMOTIONS AND LET ALGO WORK FOR YOU.
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