Market Mover NF - uTrade Algos

This strategy focuses on trading Nifty weekly options; targeting intraday movements by selling both Call and Put options. It's designed to capitalize on both directional and non-directional market shifts, specifically tailored for trading sessions in the Nifty symbol.

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

Factor: Market Mover

Peak Margin: ₹ 2,75,000 for 1X

Multiplier Range: 1X to 45X

Start Time: 09:19 AM

End Time: 03:10 PM

Execution Days: All Days

Preferable Days: NA

Favourable Conditions:

Fall in volatility
Range Bound movements
Directional moves
Recommended VIX : 12 to 30

Risk Factors:

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

Default Parameters:

Symbol: Nifty
Net Loss: 2400
Net Profit: 4700
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