created : 1 year ago| | live deployment: 0
Strategy description
Strategy description
Pulaaha is an option writing algorithm on Nifty. Strategy takes 2 trades per day.
First Trade in the morning between 1000 and exit by 1505.
After exiting 1st trade, 2nd trade will take as an overnight trade .
1st Trade will be having 4 lots of nifty each of 2 short calls and 2 short put options.
Second trade will enter by 1515 and exit before 945 next trading day. Overnight trade consisting of Two lots long Nifty CE and Four lots Short Nifty CE (or Two lots long Nifty PE and Four lots Short Nifty PE )
CAPITAL
Rs 300000 is the required capital. We also suggest maintaining a 10% margin buffer to cover maximum drawn and margin spikes.
Stop Loss: There is stop loss for individual legs provided, in addition to MTM stop loss of 2000 rupees per Intraday trade. For overnight trades there is Stop loss for individual trades provided. There is no MTM stop loss for Overnight trade. Overnight trade stop loss will activate only next day 0916.
Overnight trade has high risk due to gaps. Short legs are provided to hedge gap risk.
The backtest performance: Saptharishi Algo - Pulaaha (google.com)
PRICING
There is no upfront fee for our algorithm.
The algorithm has a 10% profit sharing billed monthly on the gross PnL recorded by the TT deployment page. The profit sharing will be calculated as cumulative gross profit across all our strategies. There is no bill if profit sharing amount is below 100 rupees and maximum amount of 1000 rupees per strategy.
Saptharishi Algo suggests all subscribers to paper trade for a minimum of 1 month. Familiarize the system before going to live deployment.
CONTACT
Mobile: 9820972015
Email: [email protected]
Telegram Channel: https://t.me/saptharishi_algo
PRICING
Nila Velayudhan 9 months ago
I was running this strategy for quite some time. My gross profit was above 50% on my capital. My effort is just to log on only. My return respect to bank interest is extremely good. I am a happy user. This strategy gave excellent return with minimum drawdown.
Vinitha Velayudhan 9 months ago
Pulaaha remained as robust strategy in difficult times, where other strategies were giving losing trades. Pullaha kept me in a positive balance.
Capt. Velayudhan C P 9 months ago
I was running this strategy from April 2021 till now. My daily log shows an annualized gross profit of 38.7%. Annualized net profit (after reducing brokerage and other charges) for 3 x multiplier provided 20%. Past one year the market gyrated from lowest vix of 10 to highest vix of 34. Such high volatile market this strategy provided extremely good profit. Out of 12 months of trade, 9 months Pulaaha provided good positive returns. Below are the losing months with monthly loss for 1x multiplier. Sep 21 rs 11762; Dec 21 rs 3140; Jan 22 rs 4105 Compared to the bank interest rate of 7%; Pulaaha provided reasonable returns with minimum effort.