Top Algo Strategies for Option Buying - Automate Option Buying | DhanHQ

Option Buying Algos

SkewHunter

by Stratzy

NiftyBuyingDirectional

A naked-options “Skew Hunter” algo that hunts extreme IV and volume-OI skew across strikes—entering directional options only when both volatility and flow signals align, with strict intraday risk controls.

Min. Amount: ₹1,00,000

Results:

IIIIIIIIIII%

Fixed RR 1:3 (30% SL)

Fixed RR 1:3 (30% SL)

by Stratzy

NiftyBuyingDirectional

An extremely high-risk naked-options algo that trades volatility-skew “energy,” going long calls or puts only when stress-imbalances and both alpha signals align—using a strict 30% SL, 90% target, and tightly filtered intraday entries.

Min. Amount: ₹45,000

Results:

IIIIIIIIIII%

Index Sniper

by Stratzy

NiftyBuyingDirectional

Un-hedged options buying (high-risk) algo with low-accuracy but good risk-reward.

Min. Amount: ₹1,00,000

Results:

IIIIIIIIIII%

SkewHunter TSL

by Stratzy

NiftyBuyingDirectional

A naked-options “Skew Hunter” algo with a TSL that targets extreme IV and flow skew, taking directional trades only when both signals align—then locking in gains through an adaptive trailing stop-loss.

Min. Amount: ₹1,00,000

Results:

IIIIIIIIIII%

Vacuum GRID (35% SL)

Vacuum GRID (35% SL)

by Stratzy

NiftyBuyingDirectional

Uses the GRID risk management method to execute un-hedged options with deep-SL.

Min. Amount: ₹50,000

Results:

IIIIIIIIIII%

Burst RR 1:2 (25% SL)

Burst RR 1:2 (25% SL)

by Stratzy

NiftyBuyingDirectional

Uses the fixed risk-reward method to execute burst un-hedged options.

Min. Amount: ₹50,000

Results:

IIIIIIIIIII%

Similar Categories

Equity Intraday Algos

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Equity Long Term Algos

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V-Score Credit Spread Overnight

V-Score Credit Spread Overnight

by Stratzy

Utilizing the principles of Viscocity score, this algorithm identifies and executes optimal over-night credit spread trades with precision.

Min. Amount: ₹80,000

Results:

IIIIIIIIIII%

Expiry Short Strangle

Expiry Short Strangle

by Stratzy

Carries the short strangle from one expiry to next, aiming for complete premium decay.

Min. Amount: ₹2,75,000

Results:

IIIIIIIIIII%

Alpha Industries Automated

Alpha Industries Automated

by Stratzy

Invest in top sectoral ETFs.

Min. Amount: ₹35,000

Results:

IIIIIIIIIII%

Single Kurtosis Straddle

Single Kurtosis Straddle

by Stratzy

Overnight Short Straddle based on the Kurtosis principle.

Min. Amount: ₹2,50,000

Results:

IIIIIIIIIII%

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