This bot uses an unique option buying strategy which follows Banknifty trend & comes with trailing SL
Capital Required – 1.4 Lakhs.
Risk Profile : Low
Bot is designed to work in all market conditions:
– Bullish market
– Bearish market
– Flat market
– Trend changing market
Suppose there is suddenly change in market direction, bot will exit its exiting CE/ PE position whenever its trailed SL reaches and enter in new trend by choosing approcriate CE/ PE whenever signal is detected.
Strategy details-
This is Bank-nifty bot monitors options and takes position in CE or PE whichever is falling beyond a threshold value.
Typically market will be going upwards or downwards, so one price ( CE/PE) will go up and second will go down.
This bot immediately captures falling option and SELLS it.This BOT is based on option selling where there is one thing for sure which happens in market is PREMIUM-DECAY.
This bot is designed based on taking benefit of premium decay, trailing sl and detecting trend
Bot position will continue till the market trend is in same direction with trailing SL.
This BOT will trail SL in ratio of 2:1 ( means example suppose bot moves 50 points, your SL will be trailed to 25 points, so your profits are protected.
This is unique bot which is effectively first time in Indian market which takes position based on option movement.
Following are possible tentative risk/reward settings of this BOT
i.e. Max Profit/ trade – 3000+ ( Based on thorough research and theory of bot )
Max ( Loss) in a trade Approx 800. ( based on its theory)
Typically 2-4 trades possible in a day based on market trend and movement.
Exit time : 15:10 Intraday square off.
Note – Stock trading is subject to risk. Profits are not guaranteed. Arthalab is not responsible for any losses you incur.
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