Strategy description

Sensex Option Momentum Scalper

Note: Do not deploy during market hours. Deploy before 9:00 AM or after 4:00 PM.

Strategy Overview

1. Required Capital: ₹25,000.
2. Strategy Type: Sensex Option Buying.
3. Entry Timing: 09:15 AM.
4. Exit Timing: 03:15 PM (Intraday).
5. Traded Instrument: ITM and ATM round figure Sensex options.
6. Monday, Tuesday & Wednesday: ITM round figure Sensex options.
7. Thursday & Friday: ATM round figure Sensex options.

Execution Notes

1. This is an intraday strategy.
2. On expiry days, the system selects the next week's expiry options.
3. The framework follows a rule-based entry and exit model to ensure technical execution throughout the trading session.

Strategy Logic

1. The system monitors real-time Sensex price movements to identify directional opportunities.
2. Utilizes indicators to confirm potential trade setups.
3. Automatically executes Call or Put positions based on market movement.
4. Applies predefined exit parameters immediately upon entry.
5. Maintains only one active position at any given time to prevent overlapping exposure.
6. Designed for technical execution speed.

Trader Responsibilities

1. Capital Buffer: Maintain an additional 5–10% margin buffer above deployed capital to accommodate margin requirements during sessions.
2. API Token Generation: Generate the API token daily between 8:30 AM – 9:00 AM to ensure connectivity.
3. Error Monitoring: In case of any notification, check deployment logs immediately.
4. Broker Configuration: Utilize brokers offering stable API infrastructure.

Operational Guidelines

1. Ensure reliable internet connectivity and API stability.
2. Periodically review accounts for execution alerts.
3. Avoid manual interference with live trades.
4. Adjust deployment capital before market open; do not modify during active trading sessions.

Disclaimer

1. All content is for educational purposes only.
2. The provider is not a SEBI-registered advisor.
3. Please test in paper mode before live deployment and take full responsibility for trading decisions.
4. This is a rule-based trading method intended to minimize emotional involvement.
5. Occasional technical issues (e.g., slippage, API errors, or order rejections) may occur due to exchange or broker limitations.
6. Option trading involves the possibility of variance in account value and should be used only by those who understand derivatives.
7. Always consult a financial advisor before deploying with live capital.