Market Mover NF - uTrade Algos

This strategy involves selling out-of-the-money (OTM) options and adjusting positions as the market moves. The primary goal is to maintain balanced risk by shifting strikes based on the market's direction.

Note: - Trading in this strategy should be avoided on an ‘event day’.

Factor: MM NF

Margin Required: Rs. 3,45,000 for 1X multiplier

Start Time: 09:19 AM

End Time: 03:09 PM

Execution Days: All Days

Preferable Days: NA

Favourable Conditions:

Range Bound movements
Fall in volatility
Directional Moves

Risk Factors:

High Volatility in market with increasing premiums
No decay in premiums
Rise in volatility

Default Parameters:

Symbol: Nifty
Net Loss: 2700
Net Profit: 5400
Option Type: Sell Call, Sell Put
Order Fill Price: 7
Order Lot: 1
Order Lot Slice: 20
Premium Price: OTM 5
Premium Range: NA
Stop Loss for each leg: NA
Strike Depth: OTM 5
Strike Diff: 50
Time Interval (sec): NA

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