BANKNIFTY Option Short Surya
Unlike other strategies available, Banknifty Option Short is a Bot for Intraday Trader which is based on Iron Condor Strategy.
Option Surya Banknifty, has strict SL and Target to ensure we don’t loose profit for any unusual movement in the market. In this Iron Condor strategy bot, there will be two Far OTM (Out of the money) Option Buy and two ATM (AT the money) option Short.
To begin with, the margin goes down significantly from 1.5L to 80K or even less due to the Far OTM Option Call and PUT . However these Far OTM shall decrease the profitability by 10-20%.
Risk and Reward:
Compare to Nifty, Banknifty is generally more volatile. As a result, this bot has a potential to give more return. In summary it works well in Range bound market and as well as in Trending market. However during volatile market conditions this bot may not work as desired.
In order to know more about this Bot you can visit our Marketplace.
- Risk: Rs 1,200 if it hits the Stop Loss
- Reward: Up to Rs. 1500 if it hits Target
Currently, the above Risk and Reward helps the Bot to maintain more than 62% winning probability with 1:1.2 risk Vs reward.
Return on Investment
In this case, the Margin requirement for this strategy bot is Rs.80,000/-
Briefly, in Banknifty Option Short you can see the actual ROI based on actual trade data.
Importantly, based on last few month’s data Monthly ROI is 5.5%
As a rule, Please ensure you invest only your surplus fund, not your major source of living
Additionally, You may want to know
Firstly, the required margin is Rs.80,000/- (approximate), however in addition to that we suggest/request to keep additional fund.
To clarify, this is an intraday strategy on Banknifty Options shorting.
Although, we prefer not to commit on any profit ratios per month. But as per the last few month’s real trade history BANKNIFTY SURYA 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.