Profit Manager: Index Options

₹1,999

Index Options Trading Risk Management for Nifty, Bank Nifty and Fin Nifty Options on NSE.

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    Index Options Trading is the biggest turnover on the NSE. Risk management is very important as the prices move very fast.

    The program will track individual options positions and work with pre-determined stop-loss orders and target orders as a percentage of the entry price.

    The Program exits the positions whenever the defined target percentages are hit.

    Useful for:

    This program will be useful to index option traders especially Option sellers as big moves can be exited by the program and protect the capital from further losses.

    It could be useful for Intraday and swing traders and will ensure the maximum loss per trade is adhered to bringing in a lot of discipline to trading.

    Deliverables:
    • Executable application
    • Configuration Excel file
    • Resources folder
    • User Manual/ Documents (Setup Instructions doc, Disclaimers)

    Setup Instructions

    Register for our live demos to setup your trading programs.

    Pre-requisites:
    • Gmail Id and enabling permissions for 3rd party applications to use the email.
    • KITE API Subscription & Credentials (Subscribe from kite.trade):
      Kite Connect API – ₹2000 for 30 days
    • MS-Excel Software
    • Mozilla Firefox browser
    • Filling the Configuration excel file:
      • Fill in API information in the Credentials section.
      • Fill the exit strategy in the Exit Strategy section.
    Running the application:
    • Run this program using the exe file present inside the folder.
    • The configuration file is read completely to identify the following parameters:
      1. Login Credentials to Zerodha Kite Connect Application.
      2. Read the stocks and parameters provided for each.
      3. Initialize all the program parameters and execute the program.
    • After loading all the parameters the program starts execution from the specified Start Time (Default = 09:15:00 hrs) until End Time (Default = 15:30:00 hrs).

    Usage Disclaimer

    The information found on Armefin was prepared without regard to any particular investor’s investment objectives, financial situation, or needs. Accordingly, investors should not act on any information in this document without obtaining specific advice from their financial advisors and should not rely on information herein as the basis for their investment decisions.

    Futures trading and algorithmic trading involve a substantial risk of loss and is not appropriate for everyone. No representation is being made that utilizing the algorithmic trading strategy will result in profitable trading or be free of risk of loss.

    Before deciding to trade or invest you should carefully consider your investment objectives, level of experience, and ability to tolerate risk. The possibility exists that you could sustain a loss of some or all of your initial investment. Only risk capital should be used.

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    We will do our best to share it within 2 working days:

    For e.g. 15th March '20 to 18th March '20

    15-Day Script Trial

    Try the algo before purchasing. We will customise the code as per your Zerodha Client ID:

    PRO members can avail unlimited free trials.
    Standard members limited to 5 free trials. Please note that the programme will work only with the ID mentioned above.

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