Theta Strategy is based on Index Options. This is a positional strategy. It identifies directions based on Open Interest and Support Resistance. This strategy is direction biased but it is taken near to expiry hence the success rate is high but risk reward is on the lower end. It takes minimum of one trade or maximum of three trades in an expiry week.
Target & Stop Loss: This strategy has no fixed target or stop-loss but as a guidance we aim to achive some where in between 3-5% per month.
Product Type and Square Off: This algo trades only positional trades using NRML orders and all trades are squared off by 3:15 PM on or before expiry day.
Capital Requirement: Theta requires ₹ 1,00,000 margin.
Account Requirement: Our preferred partner is Alice Blue and if you want to open an account use the referal link here. Kindly contact us on WhatsApp for more detail on account requirement
Risk Profile: Theta have moderate to low risk profile.
This strategy is recommended to traders who believes in the power of compounding and understand 3-5% per month can double your capital within 2 years.
How System Works
Automated Trading is NOT Unsupervised Trading: Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discount an algo simply because it's done poorly recently as it can revert to its usual amazing results in future. Although our algos are 100% fully automated but we do need to interfere manually in times of extreme volatility to safe guard user trade or resolve network and other technical issues, so you're advised to keep a slant eye over the account to monitor any significant deviation or errors.
