**Title:** Build Automated Options Trading Strategy (Zerodha / Tradetron) – Premium-Based Switching Logic **Description:** I am an active trader currently executing a positional options selling strategy manually. I now want to automate this strategy either using **Tradetron (preferred)** or **Python with Zerodha Kite API**. The strategy involves **level-based entry, dynamic premium-based strike selection, and switching between CE and PE positions**. --- **Strategy Overview:** 1. **Initial Entry:** * When underlying (Nifty) closes above a defined level (e.g., 22000 on 1-min chart) * After a confirmation move (+7 points) * Sell PUT option with approximately ₹70 premium (monthly expiry) 2. **Switching Logic:** * When price reverses and closes below the level with confirmation (−7 points): * Exit current PUT position * Capture exit premium (example: ₹96) * Sell CALL option with nearest premium to the exit value (~₹96) 3. **Continuous Switching:** * Strategy continues switching between CE and PE based on level conditions * Each new position uses the **previous exit premium as reference** 4. **Exit Rules:** * Target: 30–35% premium decay * Stop Loss: 30–50% premium increase --- **Key Requirements:** * Ability to: * Select option strike based on **closest premium value** * Implement **dynamic premium carry-forward logic** * Handle **position switching (exit + reverse entry)** * Apply risk rules (max trades, premium cap, time filters) * Experience with: * Zerodha Kite API OR Tradetron platform * Options trading strategies (important) --- **Preferred Approach:** * Tradetron implementation (faster deployment), OR * Python-based automation using Kite Connect API --- **Deliverables:** * Fully functional automated strategy * Clear setup instructions * Basic support for initial deployment --- **Please include in your proposal:** * Relevant past work (especially options strategies) * Platform you recommend (Tradetron or Python) * Estimated cost and timeline --- **Note:** This is not a basic strategy. Only apply if you have prior experience with **options algo trading and premium-based strike selection**. ---