Options trading is a realm replete with potential rewards, offering traders various strategies to capitalise on market movements. However, the complexity inherent in options demands a cautious approach. Unlike other financial instruments, options carry specific nuances such as strike prices, expiration dates, and diverse option types. Navigating this intricate market necessitates a deep comprehension of these aspects, as miscalculations can lead to significant losses. Here are seven common pitfalls to evade for successful call and put option trading.
Algo trading that is modern, reliable & effortless!
Plan, strategise, and automate your trades with uTrade Algos’ no-code algorithmic trading platform
Designed to make you a confident trader
Backtest your algos
On uTrade Algos, you can backtest your strategies using accurate historical data and envision how your strategy would have performed. It’s the best way to test the waters before trading in the live markets.
- Reliable
- Comprehensive
- Fast
- Accurate
Deploy when ready
Whenever you are ready to trade algos in the live markets, just hit the deploy button and start monitoring your progress.
- Real-time alerts on the go
- Simple strategy builder
- Intuitive interface
- Try for free
Subscribe to uTrade Originals
Whether you are a novice or a pro, pick from our pre-designed algos—uTrade Originals—specially made by professionals and experts. Understand your key performance metrics and subscribe.
- Curated by industry experts
- Perfected over years of trading
- Deploy in seconds
- Included in uTrade Algos’ premium plans
Investors love uTrade Algos
We’ve been enabling various market participants with tech solutions for more than a decade.
There is something for everyone
With an aim to democratise algo trading, our no-code has many useful features for launching efficient algos from day one, including backtesting, integrated margin calculator, uTrade Originals, and more.
Payoff curve for entire portfolios
Gain real-time insights into your strategy’s potential earnings by instantly generating payoff curves for individual strategies or entire portfolios, providing essential information for better decision-making.
Integrated margin calculator
Stay on top of your strategy’s margin requirements in real time for efficient adjustments and stronger risk management in volatile markets.
Pre-made strategy forms
Effortlessly craft versatile multi-leg strategies in seconds with our pre-defined strategies for different market conditions, ensuring your readiness for any market challenge.
Simple and flexible pricing
Start with a 15-day free trial. No credit card needed. Cancel at any time.
uTrade Algos Price
(per month)
(per month)
- Share India Brokerage Charges (per month)
- Total Charges to Customers (per month)
- Live Deployment
- Symbols Available
- Concurrent Algo Deployment (own + uTrade Originals)
- Maximum Multiple to be Allowed
- uTrade Originals
- Total Advance from Strategies
- Backtesting Per Day
- Backtesting Per Month
- Backtesting Data (in months)
Free
15 days validity
-
- Nifty, Bank Nifty, FinNifty
- 2
- All
- User can keep his 5 algos
- 2
- 10
- 3
Beginner Plan
- ₹ 2000
- ₹ 2999
- Nifty, Bank Nifty, FinNifty
- 2
- 04-08
- All
- 10
- 2
- 10
- 6
Pro Plan
- ₹ 2500
- ₹ 3999
- Nifty, Bank Nifty, FinNifty
- 4
- 04-08
- All
- 20
- 5
- 20
- 18
Wizard
- ₹ 4000
- ₹ 6499
- All
- 6
- 04-12
- All
- 30
- 10
- 30
- 24
Expert
(Personalised Relationship Manager)
- ₹ 12500
- ₹ 14999
- All
- 10
- 04-30
- All
- 50
- 20
- 50
- 36
Simple & flexible pricing built for everyone
Start with a 15-day free trial. No credit card needed. Cancel at anytime.
Free
uTrade Algos Price (per month):
15 days validity
15 days validity
- Share India Brokerage Charges (per month): NA
- Total Charges to Customers (per month): NA
- Live Deployment: Available
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo Deployment
(own + uTrade Originals) :
2 -
Maximum Multiple to be Allowed:
NA -
uTrade Originals:
All -
Total Advance from Strategies:
User can keep his 5 algos -
Backtesting Per Day:
2 -
Backtesting Per Month:
-
Backtesting Data (in months):
3
Beginner Plan
- Share India Brokerages Charges (per month): ₹ 2000
- Total Charges to Customer (per month): ₹ 2999
- Live Deployment: Available
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment
(Own + uTrade Originals) :
2 -
Maximum Multiple to be allowed:
04- 08 -
uTrade Original Strategies:
All -
Total Advance from Strategies:
10 -
Backtesting per day:
2 -
Backtesting (per month):
10 -
Backtesting data (in months):
6
Pro Plan
- Share India Brokerages Charges (per month): ₹ 2500
- Total Charges to Customer (per month): ₹ 3999
- Live Deployment: Available
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment
(Own + uTrade Originals) :
4 -
Maximum Multiple to be allowed:
04- 08 -
uTrade Original Strategies:
All -
Total Advance from Strategies:
20 -
Backtesting per day:
5 -
Backtesting (per month):
20 -
Backtesting data (in months):
18
Wizard
- Share India Brokerages Charges (per month): ₹ 4000
- Total Charges to Customer (per month): ₹ 6499
- Live Deployment: Available
- Symbols Available: All
-
Concurrent Algo deployment
(Own + uTrade Originals):
6 -
Maximum Multiple to be allowed:
04- 12 -
uTrade Original Strategies:
All -
Total Advance from Strategies:
30 -
Backtesting per day:
10 -
Backtesting (per month):
30 -
Backtesting data (in months):
24
Expert
(Personalised Relationship Manager)
- Share India Brokerages Charges (per month): ₹ 12500
- Total Charges to Customer (per month): ₹ 14999
- Live Deployment: Available
- Symbols Available: All
-
Concurrent Algo deployment
(Own + uTrade Originals) :
10 -
Maximum Multiple to be allowed:
04- 30 -
uTrade Original Strategies:
All -
Total Advance from Strategies:
50 -
Backtesting per day:
20 -
Backtesting (per month):
50 -
Backtesting data (in months):
36
Claim your 15-day free trial!
Experience uTrade Algos on the web and mobile app without any commitment.
- 2 Backtests per Day
- Access to uTrade Originals
- Create Upto 5 Algos
Frequently Asked Questions
uTrade Algo’s proprietary features – Advanced Strategy form, fastest back testing engine, Pre-made strategies help you Level up your Derivatives Trading experience
The dashboard is a summarized view of how well your Portfolios are doing, with fields such as Total P&L, Margin Available, actively traded underlyings, Portfolio name and respective underlyings, etc. Use it to quickly gauge your strategy performance
You can sign up with uTrade Algos and get started instantly. Please make sure to connect your ShareIndia trading account with us as it’s essential for you to be able to trade in the live markets. Watch this video to get started – Getting Started with uTrade Algos
While algo trading is in use for decades now for a variety of purposes, its presence has been mainly limited to big institutions. With uTrade Algos you get institutional grade features, at a marginal cost so that everyone can experience the power of algos and trade like a pro.
On uTrade Algos, beginners can start by subscribing to pre-built algos by industry experts – called uTrade Originals.
While more advanced traders can create their own algo-enabled portfolios, with our no-code easy-to-use order form, equipped with tons of features such as – Robust risk management, pre-made strategy templates, payoff graph, options chain, and a lot more.
From single leg strategies to complex portfolios with upto 5 strategies, each strategy having up to 6 legs – uTrade Algos gives you enough freedom to create almost any strategy you’d like. What’s more is, there are pre-built algos by industry experts for complete beginners and premade strategy templates for those who want to try their hand at strategy creation.
An interesting feature that uTrade Algos is bringing to the table is a set of pre-built algorithms curated by top-ranking industry experts who have seen the financial markets inside out. These algorithms, called uTrade Originals, will be available for subscribers on the platform.
Algos have the capability to fire orders to the exchange in milliseconds – which is one-thousandth of a second. A speed which is impossible in Manual Trading. Experience the power of Algos for free with uTrade Algos – Signup now.
Knowledge Centre & Stories of Success
In algorithmic trading, the importance of risk management cannot be overstated. Algo strategies, while offering speed and precision, are inherently intertwined with risks. Understanding and effectively managing these risks is paramount as it determines the success or failure of such strategies. Here, we explore the pivotal role of risk management in shaping the fate of algo trading strategies.
In trading, the validation and optimisation of strategies are pivotal for success. Backtesting, the process of testing a trading strategy using historical data, is a crucial step in this journey. While both algorithmic and manual testing methods have their merits, algo backtesting holds several advantages over manual testing. Let's find out the specific benefits of utilising algorithmic backtesting for refining trading strategies.