Banknifty Weekly Option Short
Unlike other positional Bots, Weekly expiry Option Short Algo Banknifty FLIP is for those Traders who wants to trade with low margin and wants to capitalize non-directional movement of banknifty.
Banknifty FLIP, does not have any predefined Target, or stoploss. This Banknifty Weekly expiry Option Algo bot is designed as Bull/Bear spread, where far OTM options are bought and either ATM or ITM option short takes place. This bot generally takes continuous position, meaning it shall either hold Put short (if market is in uptrend) or it may take Call short (if market is in downtrend).
To begin with margin, it is approximately Rs. 65K approximately.
Risk and Reward:
Compared to typical straddle, Banknifty FLIP generally gives more return as it holds continuous position. The expected ROI may range between 13% to 18% averagely monthly. In summary this bot has higher return potential compared to typical weekly Bull/Bear spread.
In order to know more about this Bot, you can visit our Marketplace.
Historically, the Banknifty options short algo bot maintains more than 45% winning probability
In case of Weekly Option Short Algo FLIP the margin requirement ranges between Rs. 45,000 to Rs. 60,000/-.
In the left image you can check the probable risk and reward setup in this strategy.
As a rule, Please ensure you invest only your surplus fund, for Banknifty options short algo bot
Additionally, You may want to know
Firstly, the required margin is Rs.65000/- (approximate), however in addition to that we suggest/request to keep additional fund.
To clarify, this is a weekly positional bot on Banknifty Options.
Although, we cannot commit any profit, as profit and loss are completely based on the market condition. But as per the last few months’ real trade history this bot can generate 5% return average monthly return if can run for longer term.
Of course, this is a fully automated strategy.
For example, there is no manual intervention, no installation, no cloud, no Amibroker no data plan is required.
No, this strategy is not for one time purchase,
Furthermore, you can get this strategy in 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 the bot for live trading.
To clarify , no strategy can guarantee profit every month.
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.