This Bot is build after understanding typical Options traders mentality for Banknifty. Low drawdown, less risk & decent outcome.

Capital Required – 1.95 lakh.
Risk Profile : Low

Trading strategy – Intraday ( Short Straddle )


Every traders bare minimum requirements from Options trading is simple ‘decent Consistent profits’ and second if ‘Low risk‘.
Nobody knows where the market can move. Nor technical analysts can say surely about market movement & there is noone who is succesfull 100% in predicting market movement.

Thus, we came up with a theory of taking positions in CE and PE at the same time.
Wherever market moves, there will be one position going in negative, so other position will neutralize the effect and run in positive.
Other thing is if you are option seller, you get benefit of premium decay.
The premium decay is the one which is guaranteed to happen and this BOT is designed to earn you from premium decay.

This is Bank-nifty short straddle template. whose entry time 9:19 C i.e. trade execution time)

In this Bot 1 max profit condition ( MTM position based target) and max loss ( MTM based position SL) condition is auto set.

i.e. Max MTM Target ( Profit) in a day – 3000. ( Standard rule)

Max MTM SL ( Loss) in a day – 3500. ( Standard rule)

If any one of the condition executed then. it will auto square off all positions.

If Both condition not reached then it square off all positions.

i.e. 15:05 Intraday square off.

Strategy –

At time of 9:19 it will auto select strike and sell call and put option which & Each leg has SL on entry price. ( Entry time, strike price, SL are dynamic & depends on day and market condition)

Note – Stock trading is subject to risk. Profits are not guaranteed. Arthalab is not responsible for any losses you incur.