Unlike other positional strategies available, NIFTY WDOS is a Bot for Positional Trader which is based on NIFTY Option short.
NIFTY WDOS, have predefined Target, but no stoploss. This is Option Call or Put spread strategy bot. Where based on signal, the bot shall either Short ATM Call and Buy OTM Call or Short ATM Put and buy OTM Put.
To begin with margin, it is approximately Rs. 40K – 50K or less .
Risk and Reward:
Compare to Banknifty, NIFTY is generally less volatile. As a result, this bot has a potential to give stable return. 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.
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.