Automate Straddle Hedge on Kite using openalgo preferably

Customer: AI | Published: 07.02.2026

I need an OpenAlgo environment wired up to Kite Connect so the system can place and manage an options straddle on the Indian markets with an integrated delta hedge. The core logic is already outlined—I simply want it coded, tested, and ready to push live. Here’s the flow I have in mind: • At a scheduled entry time the program selects the ATM call and put, and th corresponding predefined hedges, fires simultaneous market orders through Kite, and records the positions. • The delta hedge continuously checks net delta and sends offsetting futures orders whenever the threshold I set is breached. • Stop-loss, profit-target, and end-of-day square-off rules must sit server-side to survive a local outage. • All trades, greeks, and P&L should stream to a lightweight dashboard or at least a CSV log for later analysis. Please keep the code modular—separate the data pull, signal generation, order management, and logging layers—so I can extend it to other strategies later. A quick back-test or paper-trade session that matches my entry/exit rules will serve as acceptance that the bridge works end-to-end. Deliverables: 1. Python (or Node) script/package that connects OpenAlgo to Kite Connect and executes the strategy above. 2. README with environment setup, API key placement, and run commands. 3. Short video or screen-share proof of a paper-trade session completing without manual intervention. I’ll handle the live keys once everything passes the paper-trade test. Let me know any technical constraints up front so we can get this running smoothly.