Prebuilt Options Trading Strategies | EP 01 - Naked Put Short

0:00 Introduction
0:23 How to login to ModernAlgo with Bigul
0:58 Navigating to Algo Strategy Builder
1:22 Naked call long
1:50 Using strategy parameters

Trading options was never so easy. Trading on our prebuilt option strategies is as easy as a click on the button.

Naked Put Short, is an options strategy, in which the investor writes, or sells, put options, without holding a short position, in the underlying security. A naked put strategy is sometimes, referred to as an, "uncovered put" or a "short put", and the seller of an uncovered put, is known as a naked writer.

If you are a new Trader or a seasoned trader, our trading platform is a perfect fit for your trading needs
1. First visit www.bigul.co and go to market place section and then go to the Modern algo tab. You can also directly log in through the link given in the comment section.

2. Login with the Bigul trading account Client code and password

You have now logged in to the Algo platform of Bigul

3. Click on the Products Tab and choose the option Algo Strategy Builder.

4. Now On the top right corner, you will see what our AI-based trend indicator says,

Based on the trend, you will see our Prebuilt option strategies and their probability of success.

5. Select 'Naked Put Short'.

Choose the strategy by clicking on the strategy tab.

You can choose the Script name from here,

You can run a script in Nifty or Banknifty as per your choice,

It will show you the margin required to execute the strategy.

Here you will see the order form, with details of Instrument type, strike price, order type, price and strike.

6. Now choose whether you want it Intraday or Positional,

Select the manual Order option, and Place an order.

Once the order is placed, you will be able to check the order status in Bigul, Mobile App, Web, or Trader terminal.

Based on your expected profit and loss, you can exit from the open position.