The Pitch (Click on the above video.)
Artemis is a trading community under Unofficed managed by Ankit Jain. Here, We approach to trade BankNIFTY and NIFTY Weekly Options in a Systematic Approach with Open Interest Analysis and Option Greeks. There is no use of Price Action or any other Indicators. Its pure OI Analysis.
Three Systematic options strategies
We will follow three strategies here. All strategies will have defined set of rules that you can apply for you to get used to trading with Bank NIFTY and NIFTY Weekly options.
Model I: The OI Quantitative Model / Depression Model
Model II: Defined risk Directional Strategy – Vertical Spreads
Model III: Defined risk Non-Directional Strategy – Iron Condor
In the right side, You can see the the OI Quantitative Model completely done from start to end with all vivid details in the video but this system is made before the new margin system kicked off. It is a great strategy for passive portfolio which can be done over a pledged capital. You will also get a fair idea on what to of the genre expected from the community.
Model I: The OI Quantitative Model / Depression Model
You can see the trade details of Model 1 here (and see how it performed in the market crash due to Corona Virus) –
These are all real trades. We call it Depression model because it is very depressing for the traders to watch the whole week and not doing any such action.
You can see that – It is making good returns on an amount of 60,000 INR. But now with the New Margin system, we designed two new models.
- We can refund any person We don’t like. It is our sole discretion.
- It is limited to 100 people only. It makes no sense to make a huge large group. If there is a 101st member, He can only join after an old member drops or kicked out. Newton and Theta member get priority. If a Newton/Theta member joins at 101st position, We will refund the unknown person.
What you’ll learn
- The first step towards Quantitative trading
- How you can build simple Trading models using Google Sheets
- How to trade model-based risk defined strategies taking benefit of the new margin system.
- How to deploy Directional and Market Neutral Strategies
- How to decide options trades with their entries and exits
- How to use one of the most powerful and simple methods of trading.
What you will get:
Course + Board + Community (Access for 1 year)
- Complete Explanation of the strategy in proper course manner as you can see below (You can see how Ankit delivers from the video)
- A mini-community under Unofficed of Three Discord Channels (Will be later linked to private Slack Channels) dedicated to Three models.
- Systematic Trading in all three strategies and any subsequent updates.
- Ankit’s commentary and interaction on them.
Requirements
- The student should have a basic understanding of excel functions like sum, average, etc. (Anyways, it is well documented and google away.)
- A google account to create Google sheets
- We recommend trading with Upstox. You can read why here.
- And Patience 🙂
The recommended capital to trade –
- The Model 1 is naked strangle and hence, the margin is quite steep! About 130k. You can check with margin calculators.
- Model 2 and Model 3, You can start with as low as 30K.
The Artemis Board
We love Google Sheets and Python. This board only shows the current trades as per the The OI Quantitative Model as shown the Youtube Video. However, You will get immediate access to all the models once you pay!
Vertical Spread Trade Setup
The Boards for Vertical Spread and Iron Condor looks like this. Community members will be given access to it.
Iron Condor Trade Setup
The Community
Nothing beats a community of like minded traders.
Artemis strategies were developed from Theta Community and then become significant enough to branch out! You can discuss on the trades with Ankit and other traders. Also, You modify the strategies and seek validation from the rest of the community.
The Course
- This course shows you how to apply quantitative methods to make and plan trades
- We shall be discussing three sets of strategies with their defined set of rules that you can apply for you to get used to trading with BankNIFTY and NIFTY Weekly options – it is great for beginners looking for some guidance when venturing into systematic risk defined options trading. It is very simple yet very efficient!
- Generate higher ROI by taking benefit of the new margin system for risk defined strategies as well as lower risk.
- The course will help you on your path to work with rule-based systems which you can either automate or use it build discipline
Who this course is for:
- Intermediate Stock Market Traders
- Options Traders
- Intermediate Traders curious about options trading and specially BankNIFTY or NIFTY weekly options
- People curious about proper systematic trading setups of open interest and options greeks.
Course Contents
Section 1: Basics:
- Option Chain
- Call & Put Options
- Google Sheets – GoogleFinance operations
- Standard Deviation
- Probabilities linked with 1SD
- Put to Call Ratio
Section 2: The OI Quantitative Model:
- Putting Basics together
- Building the System Using Quantitative Methods
- Executing the System – Entries and Exits
Section 3: Defined risk Directional Strategy – Vertical Spreads with Trade Setup
- What is Vertical Spread
- Calculating Risk and Reward for the trade
- Setting up the trade
- Executing the System – Entries and Exits
- Trade Adjustments post Entry
Section 4: Defined risk Non-Directional Strategy – Iron Condor with Trade Setup
- What is Iron Condor
- Calculating Risk and Reward for the trade
- Setting up the trade
- Executing the System – Entries and Exits
- Trade Adjustments post Entry
