PAPER TRADING — RESEARCH SIGNAL. NOT FINANCIAL ADVICE.
Market
NIFTY Spot24,211.6
ATM24,200
PCR1.43
Support24,200 (100)
Resistance24,300 (67.14)
StructureRANGE / TWO-SIDED WRITING
India VIX10.77tracked only, not scored
Cycle Time2026-08-20 15:26:07
Buyer Engine
Signal Strength100%
Upside BreakoutNO
Downside BreakdownNO
Writer Engine
UNVERIFIED — V5 not yet confirmed live
Final Signal
🔵 SELL PE
Strike: 24,200 | Trade type: WRITER
Tradeability rough estimate, not the real cost ledger
Execution Decision
✅ TRADEABLE
Premium QualityGOOD
LiquidityGOOD
Execution RiskLOW
Cost Coverage49.1x
Distance to Invalidation
21.6 pts
Hedge Alternative RESEARCH ONLY — not the primary signal
Sell / Buy24,200 @ 56.65 / 24,150 @ 42.6
Net Credit14.05
Spread Width50
Max Profit (fixed)14.05 pts (₹913.25 @ lot 65)
Max Loss (fixed)35.95 pts (₹2,336.75 @ lot 65)
Breakeven24,185.95
Credit Ratio28.1%
ITM / OTM Alternatives RESEARCH ONLY — not the primary signal
ITM
Strike24,250
Entry74.5
Intrinsic / Extrinsic38.4 / 36.1
Stop Loss96.85 (+30.0%)
Target 152.15 (-30.0%)
Target 229.8 (-60.0%)
R:R T1/T21 / 2
Planned Max Profit44.7 pts (₹2,905.5)
Planned Max Loss22.35 pts (₹1,452.75)
⚠ Already has intrinsic value — far less cushion before real trouble. More premium collected is NOT the same as a better trade.
Further OTM
Strike24,100
Entry32.3
Intrinsic / Extrinsic0 / 32.3
Stop Loss41.99 (+30.0%)
Target 122.61 (-30.0%)
Target 212.92 (-60.0%)
R:R T1/T21 / 2
Planned Max Profit19.38 pts (₹1,259.7)
Planned Max Loss9.69 pts (₹629.85)
Option Trade
Entry56.65
Stop Loss73.65 (+30.0%)
Target 139.65 (-30.0%)
Target 222.66 (-60.0%)
R:R T1 / T21 / 2
Planned Max Profit
33.99 pts (₹2,209.35)
Planned Max Loss
16.99 pts (₹1,104.67)
"Planned" assumes the SL executes cleanly. A gap or thin liquidity can produce a worse actual fill.
System
StatusWAITING
Last Update2026-08-20 15:30:02
Next Update2026-08-21 09:15:00
Data StatusVALID
Reason
PE support 24200 strength 100.0; PE OI increasing; PE premium falling; strong PE writing relative to nearby strikes; meaningful PE volume; spot safely above PE support; PCR compatible with PE writing; no confirmed PE support breakdown
Invalidation: NIFTY < 24190 (PE support breakdown)