A data driven Intraday Trading Strategy which focuses only on Expiry day trading for Bank Nifty weekly options. When not to trade is as important as when to trade, so we came up with a switch on/off parameter for options trading that tells you when not to do Options Selling. This has helped in reducing the draw down considerably.
Just one trade every Expiry. No need to sit in front of the system throughout the day.
Options Selling with defined risk, no worries about volatile movements.
System has been tested on extremely volatile periods like Demonetization, Brexit, Surgical Strike days, Budget day, and even on the recent market correction days. With our, switch on/off parameter, we are able to avoid losses during high volatile periods.
And this strategy is purely based on price levels without using Options Greeks, so if you are not aware of option terminology like Delta, Gamma, Theta. Do not worry, theoretical knowledge is not required to trade this strategy. And its going to take less than 10 mins of your time every Thursday to Trade this Strategy.
This is going to be a limit based execution, so only when our given price is met, the order will be executed, or else no trade for the day.
Above all, we are going to cover two methods for exit conditions in the webinar. Both are robust, proven with our historical data sets.
This is one of the consistent and robust strategy, as Bank nifty margin is reduced now, people with even lesser capital also can trade this strategy. Just 15000 ? capital is enough to trade one lot in this strategy.