Banknifty Option Buy

Potentially, a promising and our best Banknifty option buy algo Bot is  Option LongXL.

Truly, option buy needs momentum support & we have designed the algo bot to catch that momentum. Hence there is no daily trade.

Points to Note:

  • This option algo bot doesn’t generate daily signals, as Theta goes against option buy momentum support is very much needed in such case. 
  • In fact there is a notion, according to which option buy has potential of unlimited profit and option short can give unlimited loss.
  • Contrary to the above, there is no unlimited profit or unlimited loss in either option buy or short for intraday algos.
  • Clearly, option buy algo strategy BOT is based on momentum. Due to which , catching the  momentum needs thorough analysis,
  • Undoubtedly, it is a high risk and High return based strategy.
  • To sum up Long XL has a 50% winning ratio, and  only 9% system drawdown.

Additionally note that trades can be on either Call or Put options on intraday basis based on Banknifty movements. For instance, in a day there shall be only one Call or one Put option trade but no multiple trade is planned in a day. If Banknifty goes up then it buy Call and if Banknifty moves down then it is  buy Put. We continuously try to improve the strategy logic to reduce loss and increase profit. 

In order to subscribe to LongXL, please visit our marketplace

It should be noted that option Zoom Banknifty (option) buy algo bot has strict stoploss and target with a trailing stoploss.

Above all the risk reward ratio is 1:4. The stoploss is 25% and Target is 100% of the Premium cost.

Stoploss: Can go upto  Rs. 3,500/-.

Target: Can go upto Rs. 12,500/- . 

Winning Probability
0%
Drawdown
0%
Monthly ROI
0%
0 BCC
100,000 BCC
0 BCC
Return on Investment

Return on Investment

Firstly, the entry in this Banknifty option buy algo is generally at ATM (At of the Money) option strike prices between Rs. 450 to 650.

The required margin against one lot of banknifty option LongXL algo bot is approximately Rs.15,000/-.

Hence, the margin requirement is Rs. 15,000/- (per lot) for this bot.

Especially during drawdown phase, we work on our algos to make them more relevant with the market conditions. 

As a result, our monthly ROI remains at 57%. And after eliminating slippage cost and other contingencies,  let us consider  ROI as 30% Monthly.

Bcktested result on historical data

As a rule, Please ensure you invest only your surplus fund, not your major source of living

You may want to know

Firstly, required margin for Intraday Banknifty Algo bot is Rs.15,000/- (or less). However in addition to that we suggest/request to keep additional fund in your trading account. 

In short, this is an intraday strategy based on Banknifty options long only positions.

You can get the payment details in this Page

Although, we prefer not to commit on any profit ratios per month, but as per the last few month’s real trade history option LongXL can generate 30% average monthly return on investment.

Of course, this Banknifty Option buy Algo is a fully automated strategy bot.

For example, there is no manual intervention, no installation, no cloud, no Amibroker no data plan is required.

Furthermore, you can get this Intraday Banknifty algo bot in upfront subscription model or on profit share model based.

First and foremost, once the payment is done in our marketplace, the system shall automatically give you an option to select the bot. 

Subsequently, you can choose the Bot and deploy for live trading. 

To clarify, no strategy can guarantee profit every month. Intraday Banknifty algo bot LongXL is no exception.

It should be noted  that our team keeps working on the strategy to ensure your funds safety.

Importantly, with regular trades your chances are  surely better to be in profit.

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