Drawrdown
8.00
Shape Ratio
1.90
Monthly Return
5.00
Winning Probality
64.00
BNFWiDiSH-2
This is Banknifty Weekly Option short strategy directional hedge bot. Where the BOT takes automatic Short at the money option strike prices based on Banknifty's direction. This strategy can be automated with three Brokers i.e. Aliceblue, Mastertrust and IIFL for now, as and when we integrate other brokers will update you all.
The strategy has ATR based Stoploss and Trailing StopLoss built-in as well as price based targets
Strategy Details:
The Bot is developed to follow the trend of Banknifty. It shorts ATM (At the money) option strike price based on Banknifty's direction and also Shorts OTM (Out of the money) option strike prices as hedge. Along with these two short positions, it also buys far OTM option strike prices to minimize margin requirement. This is the second version of BNFWiDiSH. The difference is, this bot doesn't have any price based Target or stoploss per trade. It's exit is dependent on strategy specific condition or if weekly target is achieved.
If Banknifty generates Buy signal, then the Bot shall Short ATM Put option and also short OTM Call option.
If Banknifty generates Short signal, then the bot shall Short ATM Call option and also shorts OTM Put option.
Bot may exit from trade when Banknifty hits target 2% or we may adjust the positions, it depends on market conditions. This adjustment is completely dynamic. Along with the Short positions.
This strategy can be automated with Aliceblue, Mastertrust and IIFL for now, as and when we integrate other brokers will update you all.
Margin:
This is a positional strategy Bot hence margin is approximately Rs. 1 Lakh. Please maintain Rs. 1.2L margin to continue to trade and to avoid any error in execution due to margin shortfall.
Target and SL Logic:
The strategy has exit using ATR indicator. No other price based target or Stoploss is defined in this version. However if Banknifty moves 2-1.5% in either direction then the bot shall exit from the existing position.
Please ensure you maintain the required margin to avoid discontinuity during drawdown phase.
Disclaimer: The performance of the bot is subjected to the market condition. Historical performance can not confirm future result.
The strategy has ATR based Stoploss and Trailing StopLoss built-in as well as price based targets
Strategy Details:
The Bot is developed to follow the trend of Banknifty. It shorts ATM (At the money) option strike price based on Banknifty's direction and also Shorts OTM (Out of the money) option strike prices as hedge. Along with these two short positions, it also buys far OTM option strike prices to minimize margin requirement. This is the second version of BNFWiDiSH. The difference is, this bot doesn't have any price based Target or stoploss per trade. It's exit is dependent on strategy specific condition or if weekly target is achieved.
If Banknifty generates Buy signal, then the Bot shall Short ATM Put option and also short OTM Call option.
If Banknifty generates Short signal, then the bot shall Short ATM Call option and also shorts OTM Put option.
Bot may exit from trade when Banknifty hits target 2% or we may adjust the positions, it depends on market conditions. This adjustment is completely dynamic. Along with the Short positions.
This strategy can be automated with Aliceblue, Mastertrust and IIFL for now, as and when we integrate other brokers will update you all.
Margin:
This is a positional strategy Bot hence margin is approximately Rs. 1 Lakh. Please maintain Rs. 1.2L margin to continue to trade and to avoid any error in execution due to margin shortfall.
Target and SL Logic:
The strategy has exit using ATR indicator. No other price based target or Stoploss is defined in this version. However if Banknifty moves 2-1.5% in either direction then the bot shall exit from the existing position.
Please ensure you maintain the required margin to avoid discontinuity during drawdown phase.
Disclaimer: The performance of the bot is subjected to the market condition. Historical performance can not confirm future result.
Holding : Positional
Instrument : BANKNIFTY
Segment : FNO
Market Conditions : Trending
Capital Required : 100000
Daily Return : 0.00 - 0.00 %
Monthly Return : 5.00
Yearly Return : 60.00
Winning Probablity : 64.00
Return statistics :
Year
Total
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2019
19,859
16,529
24,922
3,152
17,976
11,430
43,275
6,996
5,878
14,938
164,956
2020
7,451
-1,506
28,539
39,092
12,860
19,602
-8,003
11,027
10,145
19,366
9,935
3,579
152,087
2021
13,753
14,953
-9,467
2,227
12,000
11,080
2,640
-4,195
1,865
2,618
10,212
3,819
61,506
