

created : 1 year ago| | live deployment: 1
Strategy description
Tome & Jerry - Bank Nifty is Bank Nifty Options Writing Strategy. This is a smart purely intraday strategy. It trades multiple entries each with 2 intraday Bank Nifty Strangle or Straddle options strikes.To smoothen the volatility, it will continuously exit and enter with target stop loss or target profit hit.
This strategy is available totally FREE of Profit sharing if you opt for trading the strategies with our referral account with our partner broker Profitmart. Open your demat trading account with Profitmart with our referral link as below and you will never ever be charged again till you trade with our referral account.
https://kyc.profitmart.info:8443/onboard.aspx?type=2&branch=7242&fr=gEX444Bjt%2BFFfOTOrz1F9g%3D%3D
Please mail us your account details along with your Tradetron id details to [email protected] for marking with us as eligible for ZERO profit sharing. In case you require any further information/clarification, please do mail your queries at [email protected]
This is optimum Bank Nifty option selling algo for small accounts looking for consistent returns with limited risk.
Entry : 09.15 AM to 2.50 PM depending on conditions.
Exit : 03.02 PM.
Target and Stop Loss :-
This Strategy has target of 3000 to 4000 on 1x multiplier. It also has max stop loss of 3000.
Please keep in mind Bank Nifty is a fairy volatile index and the ultimate results may vary minorly due to slippages and volatility.
Change since inception :-
13.09.2021
With the advent of New SEBI rules, Non Hedge version which was live till 13.09.2011 has now been made a hedged version.
-Hedge added with far OTMs and margin requirement now at Rs. 75000/-
-The draw down and ROI figures being shown in TT default deployment thus got updated with new capital required.
-Planned exit by SL or Universal exit is provided for, however manual exit sequence cannot be ensured and please have sufficient extra margin before exit or exit in broker terminal if manual exit is to be done without having extra required funds (exiting sold legs first and bought later to avoid margin penalty)
-Original only Straddle selling now changed to alternating Strangle and Straddle.
Capital Requirement :-
As per norms of SEBI Rs. 1,00,000/-.This is indicative figures, please check with your broker for exact margin requirements. Please also keep sufficient buffers to avoid rejection of orders. If you get errors while executing orders. Irrespective of what is stated above (which is purely indicative),please note that you take full care and provide for requisite margin for the execution of 2 lots. In case of any error in execution due to margins, we strongly recommend that you quit the positions manually and be done for the day. Do not try to execute and retry after error has come for Margin.
Please Note not to deploy this strategy mid market after initial positions have been taken as it may result in unexpected results
Profit Sharing:-
The Strategy doesn't have any upfront fees.
The strategy will entail 10 % profit sharing. The billing shall be done on fortnightly basis based on Tradetron's High watermark Policy.
Special Note: As the logic of this strategy involves multiple trades, please get comfortable with the trading logic (by deploying it in paper trade, watch no of trades, Adjust your expected returns expectations with additional brokerage charges, and keep your trading account sufficiently funded for any eventuality (like taking new position without squaring off existing one, which may result in case of certain trades with certain brokerages)
Disclaimer:
I or AlgoGuru are not SEBI registered advisors or Portfolio managers. I or AlgoGuru is not responsible for any kind of loss occurred in above trading strategies. All above strategies are based on Index Options Selling. If you're not aware of losses, please read or learn about Option Selling and do not run this strategy till you are fully aware of the risks involved.
Automated & Algo Trading :-
Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discount an algo simply because it's done poorly recently as it can revert to its usual amazing results in future. Although our algos are 100% fully automated, you're advised to keep a slant eye over the account to monitor any significant deviation or errors.
Contact Information
Telegram (Direct): https://t.me/manishaoberoi
Telegram (Channel): https://t.me/AlgoGuru1
Twitter:@AlgoGuru1
Email: [email protected]
Subscribers

SAJID K 1 year ago
It's automatically gone to error execution...
Prince 1 year ago
what happend in actual trade of 03.09.2021
MK_2 1 year ago
what about 03.092021 freak trade loss of 40 K ??? any plan ?
Rajdeepsinh Jadeja 1 year ago
Loss making strategy
Jadeja Bhagirath 1 year ago
Continuously loss in July months. Actual P&L different from tradetron P&L. High slippage ruins this strategy. Your broker that is one person make sure income from this strategy.
SUBRAMANI R 1 year ago
Hi
M R N Rao 1 year ago
Excellent strategy
SHANI KUMARI 1 year ago
Good strategy
Unnikrishnan 1 year ago
is still capital requirement 150K as per new margin policy?
K S 1 year ago
There are no repair conditions at all. Due to this most of the time it has hit SL for me.
DARK LORD 1 year ago
Undoubtedly great strategy in all mkt condition. But creator plzz add some aggressiveness in syntax. I am going to deploy it. Also plz mention Max SL in a day.
sahis 1 year ago
Did you have any whatsapp group
Joy 1 year ago
So far So good! Thanks to Algo Guru Team..
raghav mimani 1 year ago
I am using this strategy for the past 3 days and till now I've lost around 5-6k. So, I would not recommend anyone.
Mohan Bulchandani 1 year ago
I didnt had good experiences with earlier algo's deployed from other suppliers so kept this strategy on paper trade one entire month of march and then move to live trade from April 1st till date (April 16th ) had good return ..hatsoff to Algoguru team ! Keep it up ! Please come up with some commodity market strategies - its good keep funds invested posted 3.30PM - thank you for your support !
Bazeegar(dedicated to follow system) 1 year ago
badiyaaa.... consistent with very good returns
Jaysukh Kathiriya 1 year ago
Works well.