BankNifty Premium Eater – By Market Star | Option Selling Strategy

Strategy description

This strategy is introduced by Market Star. Market Star is a well known brand with 15000+ subscribers in telegram since 3 years.

Fundamental :

BankNifty Premium Eater V2 strategy starts with ATM straddles . After entry strategy createas a range as per entry spot price. As soon as upper or lower range breaks, strategy exits. If range does not break, position reamins open till intraday cutoff time. Between entry and exit, the strategy tries to manage positions as per market movements so that loss will be minimized and strategy can continue with both PE & CE legs opened.

Entry :  

Strategy enters at 9:16 in Tuesday, Wednesday and Thursday. Strategy enters at 9:25 on Friday and Monday.

Exit :

2:30 PM or when the range breaks.

Max Loss :

Max loss in a day set as 10000 . There is no leg wise or counterwise SL.

Strength and weekness : 

This strategy works best in case of range bound market. During trending market strategy tries to cutdown losses.

Whoever wants a systematic trading with consistent return your search ends here.

Strategy Snapshot

Strategy Cost

Fixed subscription cost of this strategy is 600 Rs/ Month and 5 % profit sharing on Tradetron shown PNL But it is applicable from November 14. Till then completely free.

The variable cost Invoice(5%profit sharing) will be sent to respective users via mail on 1st and 16th of every month. If Invoice not cleared by the deadline, then user will be blocked. If any losses will be there in any 15 days cycle, loss will be carried forward to the next billing cycle.

Deviations

We enter and exit all trades at market price. It is impossible that for all users ens result will match. When checked closely paper trade to paper trade results differ. Paper to live trade and live to live trade also results differ. I have deployed same logic in 2x multiplier version and unlimited version. But there also overall pnl differs. Please understand this is not an issue. This is fact we need to accept.

To make a wise decision, you can check live auto real trade data from below link where MarketStar regularly updates PNL based on our own live auto deployment.

Strategy Statistics