Turtle Trader
This strategy is recognised as COT2 , is an intraday option selling strategy which sells both Call & Put options.This strategy is designed for DIRECTIONAL and NON- DIRECTIONAL movements. This Multi-leg strategy consists of six legs based on three different strategies in this portfolio.
Capital requirement: Rs. 3,90,000 for 1X multiplier
Start Time: 09:15 AM
End Time: 3:15 PM
Execution Days: All Days
Preferable Days: All days
Favourable Conditions:
- Range Bound movements
- Fall in Volatility
Risk Factors:
- High Volatility in market with increasing premiums
- No decay in premiums
- Directional Move with rise in premiums
Default Parameters:
- Logs: 0, 1
- Net Loss: 3900
- Net Profit: NA
- Option Type: BANK NIFTY: Sell Call , Sell Put & NIFTY: Sell Call, Sell Put
- Order Fill Price: 7
- Order Lot: 1
- Order Lot Slice: 20
- Premium Price: 20.00, 50.00, 20.00, 15.00
- Premium Range: NA
- Stop Loss for Each Leg: 50, 50, 25, 30
- Strike Depth: NA
- Strike Diff: NA
- Symbol: BANK NIFTY, NIFTY
- Time Interval (sec): NA
This strategy trades in NIFTY and BANK NIFTY weekly options. This is an intraday option selling strategy which sells both Call & Put options. This strategy is designed for DIRECTIONAL and NON- DIRECTIONAL movements. This multi-leg strategy consists of six legs based on three different strategies in this portfolio.
Note: – Trading in this strategy should be avoided on an event day.
