Intraday Option Buying Strategy in Nifty | Fully Automated | Saketh R

More than 60% of users run unlimited strategies in finarget for free with Firstock. Open a firstock account and get Rs. 2000 worth brokerage free
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Automate strategies with Fintarget fintarget.in
(Nifty Buying Strategy Pre Built)
fintarget.in/strategy/share?i...
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Backtest options strategies for Nifty and Banknifty on Stockmock with ease.
www.stockmock.in/#!/signup?rb...
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Nifty Intraday Selling Strategy:
• Best Intraday Strategy...
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Follow on:
Twitter: / saketh1998
Instagram: / saketh.15
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The current version comes with the latest features of
📕Automation of Time Based Strategies
📊Automation of Strategies (Discretionary)
🚀Automated Placing of Leg based StopLoss and Target
👍Trailing Stoploss
📱Strike Selection on Closest Premium
📌Wait and Trade
📊Reentry and Re-Execution
💡Rolling Strategies
📚Strategy level Stoploss and Target
🌐Live Monitoring of Trades
📌Trade Updates and Notifications
You can now use target for free with the following brokers:
1) Firstock (Free execution of Unlimited Strategies)
2) Zerodha (Free execution of 1 Strategy/ Day)
3) Angelone (Free execution of 1 Strategy/ Day)
4) Finvasia (Free execution of 1 Strategy/ Day)
Note: Options trading involves risks and is not suitable for all investors. Before engaging in options trading, it's important to thoroughly understand the risks and consult with a qualified financial advisor or broker.

[@TheVineetMehra]

Position Sizing segment was well covered and important aspect! Hope your viewers stuck till the end. Keep up the good work 🙂👍

[@vaibhavpandit49]

Excellent video! Impressive clarity of thought at such a young age. Please continue to enlighten your subscribers

[@sajij07]

Hello Saketh, thank you very much for the explanation and automation. SL trailing was always a pain area for me. This platform is helping me to reduce the loss. Please do similar educational posts which help small time traders, beginners and low capital groups. ❤

[@athiv]

I saw your video last one year. You are helping us. Thank you. I will try this strategy because we are able to do with low capital.

[@sajith_1croredream]

first time seeing a valuable vedeo in youtube regarding option buying , very usefull information

[@sanattaori8519]

Consider this if everyone starts buying option when 50->60, oi will change, through this more people will enter who r not algotrading, its price will automatically go up after that, this is operator setup😀

[@srsethi1970]

Best video so far I encountered over the subject

[@adarshoffl2469]

This TSL of 1 point is a curve fitting. This will work well in backtest but not in real market. Because this stockmock use 1 min data. In real market this will trigger your SL as early. So if somebody using this framework, give some buffer in TSL

[@dineshramakrishnan2966]

Thank you sir....more strategy videos like this are awaited..

[@salilkumardas]

Excellent explanation of the whole work. want to get more from you Mr. Saketh

[@sajij07]

Thank you Saketh... well explained.

[@kp6074]

opening volatility is much higher... so instead of targeting for high point do scalping with increased no of lots... just enter and exit as quick as possible

[@sureshbabu6153]

Excellent video saketh. Keep up the good work 🎉

[@ssclasses332]

Thanks for such a wonderful knowledge to retailers

[@rameshsubramanian1235]

Hi Saketh, You are incredibly awesome, sharing your knowledge to others magnanimously with high level of clarity. Today's video leads to a system based disciplined trading to have a consistent result. Looking for more videos on other strategies also.

[@srinivasbpos1993]

Awesome Video #Saketh... Very Nice #Frame Work... Really helpful for #Beginners... Keep up the great work... 😍😍

[@sakethr]

Thank you srinivas sir

[@sajij07]

Good strategy for low capital traders who wants to learn without burning capital.👏

[@MrSRavichandran]

very good .......thanks...... brokerage and taxes itself will be approx 12k per year which needs to be reduced from profit.... hence i guess this will be profitable only for 10 lots and above...... pl comment.....

[@channabasappaherur]

Great system.You have considered most of the challenges of option buyers.please have a stop loss of 15 mins from time of entry

[@sakethr]

🙌🏼

[@niranjanbh4182]

Very nice set up Saketh...

[@udaykiran7673]

Very superbly explained bro about Stop trail loss

[@mithunpothal4050]

Thank you Sir for explaining in details. Proud of you

[@sakethr]

Thanks

[@manoj_1974]

Nice work Saketh. Your work is really commendable

[@sakethr]

Thank you

[@naviniyerk455]

Very nice Saketh. Thanks

[@harshkacha3520]

Come straight to the point

[@karma_aum]

Hi Saketh .. does FINTARGET give indicator based filtering as a trade qualifying criteria? Like say VWAP crossover?

[@rajmohan8646]

Good video... Thanks Saketh

[@nishadnowshad7749]

hi saketh , may i know the vix below 14 is added with in the strategy link in fintarget ??? when i checked there is nothing shown about vix in the strategy link shared by you. Please let me know about it

[@adarshroy7301]

Hey saketh you didn't included vix setting in fintarget algo.how should be add it

[@chelamalakk2576]

I'm using u r strategies excellent profits sir all the best sir. I supported I'm fan of u sir

[@sakethr]

Thank you sir

[@immanece]

Hi Saketh is 40000 is enough for 1 lot as you have set couple of SL one for Target SL and another for risk SL hence we might required enough money for selling right. Please clarify

[@sananda4501]

nice setup saketh and eagerly waiting for banknifty also🥰

[@sakethr]

Thank you

[@sunilkumarsantani3619]

Hi Saketh. Can we know how many trades a day or week for this system to calculate related brokerage, or perhaps you can enlighten.

[@kevalkumar9694]

Excellent explanation.

[@jeevang4664]

There seems to be some issue with the automation. When I just enrolled and created this strategy. Fintarget shows sell order trigger pending (showing 2K profit for 2lot strategy) while the SL already hit and closed on the broker side with 1K loss.

[@targarian5818]

Which time we can do this trade..?Only 9:20 ?, or any time ? If 9:20 we select there.. Is automatically start trade ?.. And is this tool select strike price automatically ?.

[@kisor1968]

Outstanding as usual. What will be the setup for Banknifty ?

[@raghuramji123]

Saaket ... Are u have zebu broker in fintarget. And what are the subscription plans for fintarget

[@anandreddy4450]

I have doubt saketh.. If the ce buy trugger and again reverses hit sl and pe buy trigger and again reveeses.. Both sl hit days include for this strategy

[@jithinunleashed]

I'm pretty new to options and actually I usually do the exact opposite I guess. I mean, I buy when the asset price moves up from the lowest low and the option price is at the lowest. Are you saying that I should wait till the option price moves 10 points? If that's the case, won't I get less profit?

[@abdulshukoor]

If you have 40 K put 4K in buying capital and keep 36K in nifty bees. If you loose sell niftybees to fill up 4K. When you make profit buy niftybees.

[@AdityasMedia]

Can you elaborate on this? Is niftybees worth?

[@prabhuvaddi982]

Can u explain clearly with example

[@Curiousviewer88]

Lastest price of Nippon nifty bees is 218, In 36000 u will get 165 qty To cover up 4k loss nifty bees has to go up 24 points, weekly average true range of nifty bees is 9 points, u have to wait longer to cover up 10 percent loss of your capital. Because u can losse 4k when nifty will go to sideways

[@abdulshukoor]

Ideally you should just put money in NiftyBees and stay away from options. This will give you 12-15 percent CAGR compared to losses in options in 90% cases.😅 Once you accumulate nifty bees with enough quantity to match OTM call option contract size you can make guaranteed small return by covered calls. 40K is too little capital to trade in options.

[@abdulshukoor]

@@AdityasMedia idea is to put money in a growth instrument instead of keeping cash so that when you realise options isn’t for you, you can still make some money.

[@biswadeepbhattacharya6870]

Hello Saketh. I am really interested in the Fintarget setups. Please tell me if Firstock allows deep OTM options buying. This will be really helpful to decide using their services.

[@ravikumarg4840]

Thank you so much Saketh Bro God Bless you You r Requested to do the video of nifty Weekly & Monthly & Bank nifty weekly & Monthly positional strategy with automate the same thing as you did in this video for us it will be very use ful with Risk & Reward & Money Management pl.do once your r free thank you so much Bro once again ❤❤❤❤❤

[@vbrajprasad]

Does it work without the strike price parameter?? Fintarget. Can I link it with Zerodha???

[@atyt1517]

Thank you brother

[@murthy241able]

brother, is it for NIFTY or BNF?? the backtest changed from Nifty to BNF??

[@hunacharayanatikar]

Nicely explained thank you bro

[@sakethr]

Thank you

[@harsh200n]

Hi Saketh - How can I put 40k. In Finmarket, you just select the number of lots.

[@maheshacting]

please check in prebuilt strategy, there it is bank nifty instead of nifty, if i am wrong correct me

[@karanbirsoin9983]

Frame work is intelligent wording…..

[@vickysinghkahlon7142]

The concept was good. But why did you change to Bank Nifty from Nifty while back testing.. ?

[@Nivethithajacob]

Can we apply this strategy for finnifty on Monday and Tuesday with same Target and SL?

[@singhsingh4508]

It will be good if you add strike price selection with trigger point entry in fintarget

[@sharathpillai11]

Will Trade only first entry achieve better results?

[@SUMUPReview]

Plz do make a full series of option buying basics man

[@prasannats2128]

saaket, this video is fantastic presentation with proof for option buyers. Why we have to choose near to Rs 50. In order to avoid effect of theta decay can we use CE and PE near to Rs.250. Even though the investment is high , can we avoid theta decay. Also do one video for Banknifty and back tested results. we all following your strategy . .. Thanks and Regards.. Dr prasanna

[@sakethr]

Hi sir the assumption is 50rs one 1DTE will be usually At the money options and on expiry day will be 1ITM options. Going deep itm would also work, but the target and SL have to be much higher

[@4XFaster-pvp]

Can we use this statergie for every index on expiry because everyday there is expiry so if any one backrest please share their views please share personal experience

[@Qamar-Raza]

Thanks sir, when we clicking on link automatically instrument is coming banknifty instead of nifty please check

[@viren8913]

I have used this set up but backtesting of these algo and real trading is different. Backtesting doesnot consider first minute's high and low, it just considers from the next minute. So, if your stop loss was hit in first minute, it's not shown hit in backtesting result. So the result of backtesting and live will be very different.

[@buriburizaemon9314]

so is it worth trying?

[@viren8913]

@@buriburizaemon9314 not at all.

[@ArulselvanBabithakeny]

Fantastic

[@bhuvaneswaranv3232]

nice explanation...

[@jobin2u]

How many number of trades executed in last year? For both side

[@drkvshanker]

You are trading Rs. 50/- premium option on every trade irrespective of vix. In low vix envt. you may get ATM or near ATM strike price. But high vix envt. you will get far ATM strikes and momentum in the price will not be there particularly close to expiry days, i.e. Wednesday and Thursday, where nifty moves in a narrow range, which is more likely during 60% of the time. So, in high vix envt., if you select higher premium options, say 100/- or 80/- (trading close to ATM), you should expect a higher profit, particularly so in 2021, when the market was rallying upwards and downwards. Hope you got my point.

[@surajkumardev4581]

Hi, are you doing algo trading? If yes how was your experience till now. I want to start. Please respond

[@satheeshreddy4050]

Hi Saket, I have tried same stretegy for backtesting in stockmock with last 1 month in nifty giving me 5223 loss, could you please suggest this is worked in nifty or bank nifty?

[@reddyl8457]

Hi, You tested results in banknifty And you are building this on nifty. Something is missing please check and update us.

[@gunaraj6947]

Hi Saketh, please share similar setup video for option selling, that will be really helpful for option sellers

[@surendratudu9531]

True True. even for expiry days

[@user-xp5jp7zf2c]

thanks sir

[@golokkishor]

can automate trade strategy doing in stock options??

[@ashishgupta5119]

bro you have done backtest on banknifty and you have making the strategy on Nifty. I thing something is wrong. Can you clarify pls ?

[@vikasr8116]

Hi Saketh, I tried backtesting the same using stockmock and my results are slightly different. Is there anything else that you have used in the setting apart from the ones called out in the video ?

[@sakethr]

Hi sir please share the download report to [e-mail] I will have a look

[@prashantvast7443]

@@sakethr you shown backtested result for BN while you describes strategy for Nifty

[@Tradewaybul]

NICE

[@natarajans4483]

Very good strategy

[@sakethr]

Thank you

[@SensinilL]

all go trading.. easy money ,happy trading,,!

[@xssundarsu]

The fintarget link is not opening the strategy...I guess it has been deleted...

[@deepuhatti5833]

Great Shketh. Will try out.....by the way .When are planning to bring upstok to ur fintarget any deadline

[@sakethr]

Before end of dec

[@honest-zt1eu]

Is this for Bank Nifty or Nifty

[@tharmiakuppusamysubramania7890]

Sir, Please explain about the possibility of freak trades in FINTARGET algo.Have you taken any restrictions/safety measures on Market order execution,because in algo trades are usually executed on Market orders?

[@sakethr]

Freak trade happens market wide. It cannot be avoided. We keep SL in the system unlike some algos which monitor SL at their server level

[@thaladhoni3679]

Is possible to check historical open interest every 15 minutes data

[@s.kyashvi5014]

ok

[@kasimnaren]

dear, I want to try this, appreciate your help and support

[@KaaruKarthick]

good video. Thanks shaketh.. position sizing segment - unable to understand. are we saying closest premieum to be increased to match up with 40K per lot?

[@satheeshreddy4050]

please reply to this question saket

[@ATradingMonk]

if you are fine with drawdown , instead 40k we can just trade with 10 or 20k

[@earneasy2982]

Is India Vix Automatically considered during the entry in Fintarget or should we manually switch on/off? @saketh

[@gurunathkarlamal3724]

Nice explain Bro plz add MSTOCK 🙏

[@chelamalakk2576]

Superr sir

[@sakethr]

Thanks

[@chelamalakk2576]

@@sakethr sir small doubt I can't understand sir up and down ce and pe buying setup how to set the buying sir and when buy the down moving sir plz reply sir

[@chelamalakk2576]

@@sakethr I'm setting 30 points up ce buy and 30 points down pe buy this is correct r wrong sir

[@prashanthgouda1997]

Hi bro, have you attached selling system link?? You said in video capital more than 1 lack try selling system

[@sakethr]

Yes it is attached in the description

[@AshishGupta-su4rx]

Brother any system where we can automate trading in zerodha oe upstox for free

[@user-pr1ku2go4f]

How many trades it will take in 1 day?

[@ljcooldude]

vix filter need to be added in fin target ...please do the needful

[@SPSajjan]

Superb 🎊🎉

[@sakethr]

🙌🏼

[@chelamalakk2576]

Sir I'm not understanding sir how to set pe buying setup

[@chelamalakk2576]

Points ^up buying and points down pe buying

[@vatsal715]

Hi Saketh, Wonderful explanation. I will try this one and automate via FinTarget. Nevertheless, due to volatility the strategy may trade both the CE and PE via this single strategy right? As market may go up, first CE will start to rise and later on retracement PE might rise as well. What's the foresight as per your experience ? :/

[@nithyaselvaraj5540]

I have the same question too

[@vatsal715]

Hello Saketh, I need your guidance here. I have 2-3 scenarios, if we can discuss please

[@harishn1550]

Sir super sir love you sir

[@sakethr]

Thank you

[@Sunday_Munday]

Register yourself with SeBI. What's wrong?

[@2wentyTrades]

No matter the trade moves in your favour, it has to pullback. So for Options Buying, the strategy seems useless

[@rajivkumart5161]

Hi @sakethr is there VIX filter to add in this strategy in Fintarget

[@959nsk]

Hi Friends can some please help me with 40000 1lot means. I did not understand. buying 10 lots or we should have balance of 40K in account to trade on single lot.

[@Gurunadh1122]

10 k is enough but keep margin

[@Chart_talk_with_atul]

I m profitable but apne returns se confused hu plz help

[@bhaskarp6722]

@sakethr Bro, I am not able to open the prebuild strategy as shared above.

[@bhaskarp6722]

Bro, I am able to open now, I have opened both accounts. Thank you for all the learnings.

[@sanbranny]

Mr Saketh, Firstock is denying to give the brokerage discount. Whom should i ask(since you referred)?

[@sakethr]

Hi Please drop a mail to [e-mail] with your account ID name and number We will get it sorted for you

[@user-ik5mk6he4o]

The backtest that’s being done here is on In sample data, it’s obviously gonna work and show a positive equity curve because of overfitting, Can you share what happens when you test the same strategy with Out of Sample data?

[@sakethr]

What is sample data?

[@manan6344]

1 year and 2 year aren't samples. That's whole data.

[@karthis5937]

Could you elaborate on this ?​@@manan6344

[@dheepakhrajaram5346]

Instead of 4000 rupees per lot, use 40k per lot - I didn't understand this. Can someone explain please??