Banknifty Weekly Option Short Algo Bot
Unlike other positional strategies available, Banknifty Weekly Option Short Algo WDOS is a Bot for Banknifty options positional algo Trader which is based on Banknifty Option short.
Banknifty WDOS, have predefined Target, but no stoploss. This Banknifty Option swing trading algo bot is typically Bear Call spread or Bull Put spread. Where based on signal, the bot shall either Short ATM Call and Buy OTM Call or Short ATM Put and buy OTM Put. If Banknifty gives downtrend then the bot takes Bear Call Spread position and If Banknifty gives uptrend then the bot takes Bull Put Spread.
To begin with margin, it is approximately Rs. 40K – 50K or less .
Risk and Reward:
Compare to NIFTY, Banknifty is generally high volatile. As a result, this bot has a potential to give higher return during trending market condition. In summary it works well in trending market and high volatile market this bot shall give us good return. During choppy market condition this bot shall fail.
In order to know more about this Bot you can visit our Marketplace.
Return on Investment for Banknifty Option Short Algo
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.50,000/- (approximate), however in addition to that we suggest/request to keep additional fund.
To clarify, this is a weekly positional bot on Banknifty Options.
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.