Strategy description

Strategy description:

Monday & Tuesday: Trades on NIFTY

Wednesday & Thursday: Trades on SENSEX

This is a directional, hedged option selling strategy on the NIFTY index that dynamically adjusts based on market sentiment. Designed for intraday trades, it aims to capture premium decay while maintaining risk control through smart hedging.

Strategy Logic:

1. Sideways Market View:
   1. Buys a farther Out-of-the-Money (OTM) Call Option (CE) for hedge
   2. Sells Call Option (CE)
   3. Buys a farther Out-of-the-Money (OTM) Put Option (PE) for hedge
   4. Sells Put Option (PE)

2.  LTP-Based Strike Selection:
   Both short and hedge legs are selected based on the LTP of relevant option contracts to ensure precision and adaptability.

Risk Management:

1. Fixed % Target – Locks in target at max premium decay
2. Fixed % Stop Loss – Prevents large drawdowns
3. OTM Hedge Leg – Reduces margin requirements and safeguards against for Change Market Sentiments
4. No overnight gap risk—positions closed each trading day

Key Highlights:

1. Intraday strategy.
2. Ideal for directional traders looking for controlled risk exposure
3. Day-specific index rotation for better risk-adjusted returns

Strategy Details:

1. Instrument: SENSEX
2. Capital Required: Rs. 3,50,000
3. Type: Intraday with Hedge
4. Average Trades Per Day (Buy + Sell):  1 - 4
5. Shared Code: 

Customer Support:

1. Mobile: 
2. Email: 
3. Telegram ID:  @algo_speed

Disclaimer:

We are not a SEBI-registered investment or financial advisor.  We strongly recommend consulting with a qualified investment advisor before deploying the strategy in live trading. The Profit and Loss (P&L) updates shared are from our live automated systems and are for informational purposes only. We do not guarantee any profits or specific outcomes from this strategy. We recommend paper trading to understand and learn the strategy. Trading involves risks, and you should be fully informed and prepared before proceeding.