Strategy description

Strategy Description: Amrut's Advanced Crude Oil Navigator

This is a Crude Oil options trading strategy designed specifically for execution after 13:00. The strategy focuses on  a systematic approach to risk management and target booking. Targets and Stop Loss (SL) are calculated based on the Futures chart.

Key Features:

1. Entry Timing: Trades are initiated only after 13:00, ensuring alignment with afternoon market trends.
2. Position Size: Minimum of 2 lots is required to effectively manage risk and targets.
3. Target Booking:
   1. First Target: 40 points (calculated on the Futures chart) — Half of the quantity (1 lot) will be booked at this level to secure partial profits.
   2. Second Target: 80 points (calculated on the Futures chart) — Remaining quantity (1 lot) will be booked upon reaching this level.
4. Stop Loss (SL): Maximum 42 points per lot, calculated on the Futures chart, to ensure risk is capped effectively while allowing trades enough room to perform.

Benefits of the Strategy:

1. Risk-Reward Optimization: By securing partial profits at 40 points, the strategy locks in gains while allowing the second lot to capture extended trends.
2. Disciplined Risk Management: The defined 42-point SL, calculated on the Futures chart, ensures controlled losses per trade.
3. Focused Execution: Limited to afternoon trades post-13:00, leveraging midday market dynamics.

This advanced Crude Oil strategy is tailored for option traders seeking a structured and profitable trading approach during the afternoon session, with all targets and SL calculated based on Futures chart data.