An easy-to-use execution platform called, OptionX where any traders can automate their option trading strategy without any coding. Also, they can simply copy/paste their existing strategy from Stockmock and execute it with optionx.inplatform.
There are list of pre-defined strategies available in the platform, you just have to click on any of the strategy, click trade to execute the same. If a user want to execute Short Straddle strategy, he just has to select it, enter the desired stop loss %, I have specified 25% in the below example.
And click on Trade button, you just have to select your broker.
Based on the LTP of Bank Nifty spot, the bot would automatically calculate ATM strikes along with 25% stop loss orders, you just have to click on place.
All orders will get placed instantly
You can verify the orders in your Zerodha account as well
And can see pending STOP LOSS orders
If you want to execute any multi leg strategy that you have created with stockmock, you just have to copy/paste the link in optionx.in
Paste the strategy and submit
OptionX platform will automatically load your strategy, you just have to click Trade and execute
All multi legs option strategy can be executed with click of a button
You can also customize your own strategy, you just have to select the desired instrument Nifty or Bank Nifty, select weekly or monthly contracts, specify the strikes you want, lot size, stop loss and targets. If you wish to execute the strategy at 10 am, just save the strategy, login at 10 am and click on Trade. That’s all. It will get executed instantly.
As a launch offer, we are providing OptionX platform for free now without any charges. The click to execute feature has its own limitations, it currently supports Zerodha, Aliceblue and Angel Broking only, trailing stop loss and sqaureoff both legs feature cannot be used. But with fully automated feature, these limitations can be removed. Very soon, we will come up with a fully automated option, where users don’t need to click on trade, they can simply schedule at what time they want their strategy to get executed, it will execute automatically at the specified time.
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Currently it supports Zerodha, Angel Broking and Aliceblue.
As a launch offer, we don’t charge any fees. It’s free.
No, since we use publisher API, you don’t need to pay any subscription charges to Zerodha.
Hello Raj
Great work but just a question that in case my option strategy is based on some technical signal then how we can do that . Thanks
It wouldn’t support that in this version for now.
Kindly let us know when the premium version of option x will be released
Its almost complete, should be available by this month end
ANY WORD ON PREMIUM OPTION X?
Good work
Awesome Will cheackout
Options x monthly charges ?
As a launch offer, we are providing OptionX.in platform for free
hi
when you are launching the ‘TRADE YOUR OWN STRATEGY” and what is the fees,process to subscribe.please reply
raman singla
rramansingla@gmail.com
mobile….9810252205
As a launch offer, we are providing OptionX.in platform for free
This is most waiting feature that squareoff launch appreciate they work now retailer will happy to execute their orders very much thankyou.
This is a good start. I hope your team can improve on UI. I like stockmock UI and getting it very close to it will help in the smooth transit of strategy from backtesting to real trading. Quantiply guys are doing a good job in it.
Sure, thanks for the honest feedback. We shall improve the UI in coming days.
Great Ideas
I watched your video in elearn . Honestly I am getting more than 3 % return with nifty straddle strategy. It is really worth. Thank you for your guidance.
Can I use it with sharekhan account ?
Thanks, glad to know that and as of now Zerodha, Angel and Aliceblue supported
hi can you tell me where can i watch it please
optionx.in
Try it with 35%✓stoploss and at 9.25 am
Good job, any timelines on when we can get automated version? Q2, Q3?
Thanks, in couple of weeks
will it same as it, if we copy paste link as stock moke has wait and trade option. and i tried to execute order i faced some issue, when i click broker it didn’t work
Please disable pop up blocker and try again, we recommend using desktop/laptop
when can we start to use this?
From this link http://optionx.in/
I trade in index option,please help me how to use your software helps me
Ananda.P.V.Mob 07892764335,Bangalore
For time based orders, what’s the point in again loging-in at particular time frame & clicking on trade? Same thing can be done with basket order even. Instead can it be implemented like an alarm? If we set time frame for strategy it should select atm as per cmp with respect to given time & execute orders, there should not any login at the same particular time.
Yes, it should be available with fully automated version
Hi Team, is OptionX ready with all the filly automation including the SL and with different time frames?
Will be available by this month
Dear Sir,
This is an awesome platform to trade.
Just want to know If I set my trading time once e.g. 12pm will BOT place order automatically everyday?
Also does this have an auto exit if I fixed time e.g. EXIT by 1455 everyday?
This ENTRY EXIT and Trailing STOPLOSS would work fantastic if automated
Thank you sir
Thanks for the feedback, this feature is possible with fully automated option, which will be launched in couple of weeks
only alice blue trade is authorize with already define strategy other not supported and when copy paste from stock mock strategy none of broker trade showing.
Please share the link, let us check at our end
Would it take care of automatic square off?
How to square off on a combined premium target in case of multiple legs, like for example on a short straddle?
Day end squareoff should be taken care by user, combined premium target is possible through fully automated option as it involves constant tracking
hi kiru, i was looking for the ” wait and trade” feature of stockmock
i tried it in your platform but its not working.
Hi, it should be possible with optionx.in once we launch the fully automated version
great work .it will be a boon for retail traders.
just one query. option x execution works perfect with laptop/desktop but fails while using mobile. Any reason?
Mobile platform is being upgraded, once done issues with mobile should be fixed
is this free or there any charges ?
what if we want to try this for shorter time ?
Yes, its free
Have there been any errors or failures like one leg is executed and the second leg is not executed?
No
Sir, I saw the video of Learn Rule Based Options Trading Strategy & Backtesting Bank Nifty short straddle on youtube it is No.1.
Dear Sir, Bank Nifty Straddle- The stop loss in the system is 25% but after logging into Zerodha by OptionX it shows around 29%. Is it necessary to modify it at 25% stop loss as per rule or place order without modifying it?
What happens with optionx is, once you add necessary option legs and click on Trade button, the bot calculcates what the current price of Bank Nifty and accorindgly chooses respective ATM strikes and also it checks whats the LTP of option price at that time and calculates the necessary stop loss. But if you take little bit more time to click on execute, then the LTP of option price could move. So stop loss is always calculated based on the time you click the trade not based on executed price.
Yes, I am 1 minute late in taking trade {only paper trade}, sir you are right. Thank you very much for the bank nifty short straddle guidence
Hi squareoff team , optionx feature is really awesome ..I have one strategy which is having different entry times and different stop losses based on daywise ,so how to implement this .
We are implementing time based scheduling strategy next month, once this feature is out, you can simply schedule the strategy to run at specified time
Hey, till when will you come up with a fully automated version
Its launched, you can trading it, its listed under Options tab in https://squareoffbots.com/ as Multiple Short Straddle
If I want to place multiple option legs at same time will it considered as basket order by broker ? How many margin will required for that ?
Yes, it will be considered as basket order, for margin requirements, you need to check with respective broker. After SEBI margin rule, the margin requirement doesn’t change much with different brokers. You need to have 1.6 lacs approx to short one lot.
can i trade in multiple account
Yes you can. You just have to login to the respective accounts and execute the trades
Please can you guide me, how can I link the Alice Blue API to the OptionX.
(Bank Nifty Short Straddle that I derived from stock mock)
please refer this video https://youtu.be/8iSp8RDkmlI
Profit trailing is also required on strategy level , when will that be available? Also max loss say 2k overall and exit simply everything that feature on two leg or say 4 leg strategy. Also when can we expect tie up with a broker like SAS that is good for saving brokerage big time. You can charge your fee. Thanks
This feature will be added very soon and Yes SAS online broker is on cards already, should be added
For bank nifty Short straddles
sir what is the right time to take a trade after 9.20am? Immediately 01sec 02sec 03sec or 59sec. I tested 4 plus year on stock mock at 9.20 am but not 1,2,3 seconds. Please guide
Those seconds doesn’t really matter in the long run
Just want to know If I set my trading time once e.g. 10am will BOT place order automatically everyday?
Also does this have an auto exit if I fixed time e.g. EXIT by 3pm everyday?
Yes right, this will be available once we launch the scheduling feature
when i trade through optionX it takes some times different strike not as per Bank nifty ATM
why this problems occur most of time and SL also so far some time. Please solve this problem
Its solved now
Hi Team, thanks for coming up with wonderful work. Is OptionX is fully ready now? Can we just copy paste the strategy from stockmock and trade directly including SL and other rules? Please let me know the status and thanks in advance.
Certain features like TSL, Combined SL etc will be available after we launch fully automated version
can it be used for positional or only intraday?
Supports both intraday and positional
Hi, Great Site made by you guys. I have a one problem in Option x that Angle broking option is not working. Can you pl help me on this.
Please check now, it should be working fine, in case of issues please send us the error screenshot to support@squareoff.in we shall check assist further
Can this algo take care of recent freak trade events
Yes
Hi Team, Im unable to trade from Aliceblue. Its stuck at page displaying “Redirecting…”. Can you please guide to resolve it.
Hi, this is an existing issue with aliceblue, please use zerodha/Angel/Zebu which works fine
Will this also work on a combo strategy created on stockmock.in
My three questions:
1. When will the fully automated version will released and how much it will cost?
2. Can we trade complex strategies like automatic adjusted straddle in final version?
3. When will optionx support sasonline?
1. By this month mostly
2. Yes
3. In couple of months
stock mock support range breakout , but optionx not support plz enable it
Yes, will be enabled soon
past few days it has stopped working for Zerodha.. Does it need some Setup?
Just press F5 incase you see any error message
I AM GETTING ERROR WHILE PLACING ORDER IN ZERODHA . AFTER PRESSING F5 ALSO , I AM NOT ABLE TO PLACE ORDER.
are you using SLM orders?
YES SIR, I AM USING SLM ORDERS
Is Wait and trade option available, when is fully automated version available?
it will be available once fully automated version is launched
When the fully automated version will be available?
By Dec 2021
Please add other brokers also such as Motilal Oswal, Finvasia to OptionX list to execute trades
Sure
How option leg executed on limit price …how it can avoid freack trade
Really appreciate,
this is the future of trading !
Thanks k.R Keep innovating
Hi,
The configurations is ok, I need to execute Short straddle ATM+100 automatically at 11.55AM. how can i set this feature. As of now manually i execute every day
We are coming up with schedular function soon,
OptionX is not getting connected with Aliceblue
Currently Aliceblue is having API integration issue with optionx.in, however it works fine with Zebu, Angel Broking and Zerodha
can you please add the entry & exit based on time feature also..
Yes, we are already working on it, should be available from Jan end
When you guys are launching full fledged version?
Hello Sir,
Great initiative!! Can you please tell us by when the scheduling feature for customized strategy will be available with OptionX? Will the new scheduling feature support only entry time or exit time as well?
It will support both. By Month end it should be available
Will existing subscribers of SquareOff have to subscribe again to OptionX ?
All users get access to optionx for free
When is the premium version coming out? Will it be fully automated to exit positions if there’s a certain percentage of combined premium is stop loss?
Yes, it will be available in two weeks
Full version release date.
When is fully automated version coming out?!
In two weeks
On what number to contact you.
Please reach us at support@squareoff.in as mentioned in our website we do not have telephonic support. All queries are handled via email support system only.
Hi,
Can we execute delta vega neutral options positions with this?
thank you
Will the fully automated version support trade based on technical analysis like super trend, rsi etc on spot and option chart?
What’s the expected date of release of final version
Expected date of release is 28th Feb
Any announcement??
can i use wait anf trade feature from stock mock
Currently it is not available
Final date of release of fully automated version??
Are you going to live all features??
Final version of testing going on, we will announce in our telegram channel when it goes live soon
Hi Kiru,
AVS here. I have 3 specific questions before I open account with you:
1) If I open the Angel broking account through your referral link, would I be able to use OptionX platform for free for life time or for specific time ?
2) Also, would the future enhancements if any in OptionX would also be available for me if I open the account now under free scheme ?
3) Does the Option X allow me to design and deploy my own strategies depending on my definition of ATM strike to be the strike whose PE & CE rates are closest (instead of ATM based on spot) ?
Please reply clearly so I can decide between your organization vs others. Thank you.
OptionX platform is currently free for everyone. You can refer the below link to know the possible functionality and we are upgrading our platform soon with various features.
https://squareoff.in/automate-your-option-trading-strategy-without-coding/
I am getting error as NFO is disabled , however it is active and I disabled it only for 12 hrs and even after getting it activated I am still getting the error
Please reach out to respective broker to enable FNO segment
Can you please give an option for selection of option strike based on atm straddle price in optionx?
Yes, we are working on it, will release it soon
like to trade in option buying. Do you have ant readily available BOT for long strangle with slighly ITM strike price
It is a great blog post. I am Always reading your blog. Helpful and Informative blog. Thanks for sharing this information with us.
Algotest.in Built by traders, for everyone – with 10+ years of experience in the markets, both in India and on Wall Street, our mission is to educate you by providing the right set of tools to make rational decisions for your investments.
Hi.. When will the auto schedule feature be implemented..
Should be made available soon
Hi.
please let know whether trailing Stoploss feature is available in the OptionX. If available, how to use it?
Hi, currently its not available. Soon it will be implemented
possible to add finvasia broker ??? when ??? for low margin retail trader finvasia is good option to save broker cost around per month 3000 to 4000….
will be added soon
I am getting the error “Error placing order” in zerodha. any additional setting is needed,.
You need to enable TOTP with Zerodha
Are all the features that are available in stock mock work in the automation?
yes, when we launch fully automated version
Hi Team,
i have a few queries, could you please advice.
1. can i design a strategy based on ema crossover in your platform?
2. can i automate it?
3. what are the charges?
thank you.
1. No
2. Yes, its semi automated now, soon fully automated will be launched
3. its free
Do you have any option to exit the trades after the combined p&l of the leg’s hit a certain target(automatically).
When shall optionX fully automated version be launched ? Is there any progress in this area?
Can i put a combined stoploss or target on both the legs of my strangle? for eg when my combined profit of both the legs reaches a certain point, no matter what the prices of single leg is. It executes the trade
Hi, Can a Basket strategy created in Stockmock also be executed from Optionx – Zerrodha ?