Strategy description

MS Evergreen V2 Strategy

The MS Evergreen V2 Strategy is an option selling strategy designed to capitalize on the natural decay of options (theta decay) by selling both Call and Put options. This strategy primarily focuses on selling (ATM/OTM) options for the current month’s expiry, adjusting according to market conditions.

Key Details

1. Entry Timing: New cycles begin on the first Friday of the current month’s expiry. However, deployment can be initiated at any time during the cycle. For optimal results, it is recommended to deploy the strategy within 5-6 days of start of current month expiry.
2. Capital Required: ₹ 2,50,000 per multiplier (X).
3. Maximum Open Positions: 4 at any given time.
4. Average Trades Per Month (Buy + Sell): 60-70 trades.

User Responsibilities

1. Before Starting Live Auto Trade: It is highly recommended to practice with Paper Trading for at least one month to understand the strategy’s behavior and ensure you are comfortable with its operation. Slippages are not reflected in paper trading results. Conduct a few days of Live Offline trading before switching to Live Auto Mode.
2. Daily Morning Check (9:00 AM): Verify the successful renewal of the API token on the Tradetron Broker and Exchange page. If needed, regenerate the token and complete authorization. Ensure sufficient funds are available in your broker account. Confirm all live-deployed algorithms are set to active mode.
3. Error Management: In case of deployment errors, users will receive notifications. Please check the notification log to identify and resolve any issues promptly. For additional support, contact the support team.

Algo Awareness for Users

1. Strategy Logic and Outcomes: While the strategy logic is consistent, outcomes may vary based on the entry strike and price. Adjustments and results throughout the cycle (until the current month expiry) may differ. Over time, these variations typically balance out among users.
2. Broker Selection: To optimize outcomes, consider using low-cost or zero-brokerage brokers. It is also advisable to select brokers with reliable APIs to minimize execution issues. For assistance with selecting a broker or managing brokerage costs, feel free to reach out for guidance.

Disclaimer

The strategy developer is not a SEBI-registered investment or financial advisor. This strategy is provided for educational purposes only. Users are strongly encouraged to consult with a qualified financial advisor before deploying this strategy live.

Please note that trading strategies require a disciplined approach, and variations in results are inherent to all strategies. Users should only trade with capital they can afford to allocate.

Customer Support

1. Mobile: 7970578593
2. Email: [email protected]