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Performance Summary

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*Metrics/Analytics basis past data. Historical data does not guarantee future results.

This algo is a variant of Compressed Strangle

Combine other Algos and compare portfolio stability.

Algo Score Correlation

Premium-zone Strangle

-- 1.00

Carry Forward Strangle

-- --

Holonomy's Short Strangles

-- --

Intraday Short Strangle

-- --

Expiry Short Strangle

-- --

Compressed Strangle

-- --

Theta-zone Strangle

-- --

Flux Strangle

-- --

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Why is Un-correlation so important in Algotrading?

At Stratzy, we align strictly with SEBI’s risk management framework by prioritizing uncorrelation in our strategy curation. In algorithmic trading, uncorrelation ensures that our strategies do not react identically to market volatility; if one strategy faces a drawdown due to specific market conditions, others are designed to remain unaffected or perform differently. This statistical diversification acts as a crucial internal hedge, reducing the risk of simultaneous losses and ensuring portfolio stability. By avoiding concentrated risk, we uphold the regulatory mandate to prioritize investor safety and maintain market integrity.

Overview

NiftySellingNon-directional

This algorithm is designed to sell options when the market is in a "premium zone" - meaning options are overpriced relative to their historical patterns. It analyzes Nifty options data in real-time, calculating various volatility metrics like implied volatility (IV) across different strike prices (ATM, ITM, OTM). The algorithm creates two key signals called "alpha" and "alpha2" that measure how expensive options are compared to their normal levels. When both alpha values drop below 0.2 (indicating options are relatively cheap), it triggers a short strangle trade. How it trades: When the signal is triggered, the algorithm sells both a call option and a put option at out-of-the-money strikes (100 points away from the current market price). This is called a "short strangle" strategy - it profits when the market stays within a range and doesn't move too much in either direction. The algorithm only trades during specific market hours (10:15 AM to 2:00 PM) and automatically handles expiry dates, switching to the next week's options if it's expiry day. It includes risk management with a 2% stop-loss and only runs when there's no existing active trade.

This algo is managed by...

Stratzy

INH000009180 SEBI registered algo provider

Algos in market43

Active since5 Years

Deployed by12.5K users

Stratzy is a place where you can get tailored guidance for your portfolio to help you make the right investments. Gain access to battle tested algos, automation of your investments and insights about the market, right in the palm of your hand. Your wealth generation begins here.

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