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noney-spinner

a utility that could be used for Margin / Options Trading........

MoneySpinner - Trading Bot (overview)

  • to trade in Index / Stock Options
  • will be fully automated (very little human interaction required)
  • Simple logic (no Technical Analysis involved). Core Logic flow is as follows...
  • trade on single option contract from 9:15am to 3:25pm
  • Dynamic SLTP logic can be used to switch the position (from call to put OR vice-versa)
  • from 3:25 to 3:30pm - the existing position will be squared off and an In-the-money Straddle will be purchased at the Nearest Strike price possible.
  • on the next day - the position that has a loss will be sold within the first 2 minutes and the profit making position will be continued with a Dynamic SLTP.
  • at the end of weekly expiry - positions will be taken for the following week.

Limitations:-

  • Burn Down in the value of options - is the Only real risk
  • Flat / Sideways Market - is the worst Scenario.

Work already done:-

  • Dynamic SLTP Logic already implemented

What needs to be done:-

  • Time trigger based Start / Switch / Stop
  • Select option based on current price of Underlying -> nearest In-the-money strike price
  • Reverse positions based on SLTP getting Triggered
  • Front End UI
  • connection and security (Zerodha API)
  • Get Ticks (at like 5 Sec intervals)
  • Data flow Pipeline
  • db Integration
  • add Payment gateway (deposit / withdrawal)
  • Abstraction of Usage
  • Any Extras that may be required

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a utility that could be used for Margin / Options Trading........

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