Banknifty Weekly Option Short Straddle

Unlike other positional Bots, Weekly expiry Option Short Algo Banknifty WiSTR is for those Traders who wants to trade with low margin and wants to capitalize non-directional movement of banknifty.

Banknifty WiSTR,  have predefined Target, as well as stoploss.  This Banknifty Weekly expiry Option Algo bot is  designed as IronFly, where two far OTM options are bought and two ATM  option short takes place. Where the bot Short ATM Call and PUT together. This bot changes its ATM short scrips based on Banknifty’s movement, it also buys far OTM Call and Put to minimize the margin requirement. 

To begin with margin, it is approximately Rs. 65K to Rs. 1 Lakh .

Risk and Reward:

Compare to typical straddle, Banknifty WiSTR generally gives less return as it is a Iron Condor and far OTM Options ends worthless. However as the margin reduces by 50% by converting a straddle into an iron condor, this bot has a potential to generate higher ROI. In summary this bot has higher return potential compare to typical Straddle.

In order  to know more about this Bot you can visit our  Marketplace

Historically, the Banknifty options short algo bot maintains more than 55% winning probability.

Banknifty WiSTR

Return on Investment Banknifty options short algo

Banknifty WiSTR IronFLy

In case of Weekly Option Short Algo WiSTR the margin requirement ranges between Rs. 65,000 to Rs. 100,000/-

Importantly, in Banknifty WiSTR iron condor strategy bot you can see the actual ROI based on actual trade data only.

Finally, if you want to know the monthly ROI, then based on last few month’s data Monthly expected ROI is 8% 

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.100,000/- (approximate), however in addition to that we suggest/request to keep additional fund.

To clarify, this is a weekly positional bot on Banknifty Options.

Following this link , you can make the payment Page

 

Although, we prefer not to commit on any profit ratios per month. But as per the last few month’s real trade history this bot can generate 5% return on investment, monthly.

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.

Close Menu