Nifty Options Trading Automation on Zerodha
Budget: ₹12,500 – ₹37,500 INR
I am looking to automate my Nifty options trading through Zerodha Kite. The system should be semi-automated, allowing for manual oversight during trading.
Key Requirements:
- Programming Language: The entire automation should be implemented using Python, given its rich libraries for data analysis and trading.
- Features: The system must include real-time data monitoring to track market changes instantly, as well as the ability to implement customizable trading strategies based on market conditions.
Requirement description:
1. I will mention one strike price e.g. 26237 in Google sheet.
2. I will mention target in points e.g. 15
2. if Nifty Futures 3 minute candle closes above this number, system should buy ATM call option and if Nifty future 3 minute candle closes below this number, system should buy ATM put option.
3. when to square off the position - if purchased option's price was let's say 40 rupees and it meets my target of 40+15 = 55 rupees, position should be squared off.
Or
if the nifty future 3 minute candle gets closed on the opposite side of the 26237. What is the opposite side in scenario where call option is purchased is 3 minute candle will get closed below the 26237 and
What is the opposite side in scenario where put option is purchased is 3 minute candle will get closed above the 26237
Ideal Skills:
- Proficiency in Python is a must, with experience in trading automation and familiarity with Zerodha Kite being highly preferred.
- Strong understanding of Nifty options trading and ability to design customizable trading strategies.
- Skills in setting up real-time data monitoring systems.
- Experience in developing semi-automated systems with manual oversight.
Key Requirements:
- Programming Language: The entire automation should be implemented using Python, given its rich libraries for data analysis and trading.
- Features: The system must include real-time data monitoring to track market changes instantly, as well as the ability to implement customizable trading strategies based on market conditions.
Requirement description:
1. I will mention one strike price e.g. 26237 in Google sheet.
2. I will mention target in points e.g. 15
2. if Nifty Futures 3 minute candle closes above this number, system should buy ATM call option and if Nifty future 3 minute candle closes below this number, system should buy ATM put option.
3. when to square off the position - if purchased option's price was let's say 40 rupees and it meets my target of 40+15 = 55 rupees, position should be squared off.
Or
if the nifty future 3 minute candle gets closed on the opposite side of the 26237. What is the opposite side in scenario where call option is purchased is 3 minute candle will get closed below the 26237 and
What is the opposite side in scenario where put option is purchased is 3 minute candle will get closed above the 26237
Ideal Skills:
- Proficiency in Python is a must, with experience in trading automation and familiarity with Zerodha Kite being highly preferred.
- Strong understanding of Nifty options trading and ability to design customizable trading strategies.
- Skills in setting up real-time data monitoring systems.
- Experience in developing semi-automated systems with manual oversight.