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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 Index Sniper

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Algo Score Correlation

SkewHunter

-- 1.00

Fixed RR 1:3 (30% SL)

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SkewHunter TSL

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Index Sniper

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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

NiftyBuyingDirectional

This is a sophisticated options trading algorithm called "Skew Hunter" that focuses on exploiting volatility skew in the NIFTY options market. The algorithm monitors both ATM (At-The-Money) and OTM (Out-of-The-Money) options across different strike prices, calculating various metrics including implied volatility (IV), volume ratios, and open interest changes. It uses two main alpha signals: the first alpha combines volume ratios and open interest changes for OTM calls and ITM puts, while the second alpha measures the IV skew between OTM and ITM options for both calls and puts. The trading logic is triggered when both alpha signals align in extreme regions (alpha > 0.75 and alpha2 > 0.8 for long calls, or alpha < 0.25 and alpha2 < 0.2 for long puts). The algorithm only trades during specific market hours (10:15 AM to 2:15 PM) and implements strict risk management rules: it won't enter trades if the option price is below ₹20, sets a 40% stop-loss from the entry price, and automatically squares off positions at the end of the trading day. The strategy is implemented in two versions: a regular version and a trailing stop-loss (TSL) version, both of which are managed through a database system that prevents multiple active trades from running simultaneously.

This algo is managed by...

Stratzy

INH000009180 SEBI registered algo provider

Algos in market43

Active since5 Years

Deployed by12.5K users

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