Chetan Patil FNO Strategy

Buy Setup:
When a Buy signal appears, initiate a Long position in the current month Futures and simultaneously buy an Out-of-the-Money (OTM) Put option for hedging. This setup typically offers a potential profit of 10 points.
Sell Setup:
When a Sell signal appears, initiate a Short position in the current month Futures and simultaneously buy an Out-of-the-Money (OTM) Call option for hedging. This setup also targets a potential profit of 10 points.
Stop Loss Rule:
Exit the position on the opposite signal or if the previous candle's high/low (depending on position) is broken.
🔹 Strategy Overview
This strategy is designed for intraday or short-term traders using Futures & Options (F&O) to capture quick 10-point moves with proper hedging for risk management.
✅ Buy Setup
When a Buy signal is generated on your charting system:
Buy the current month Future of the selected stock/index.
Simultaneously Buy an Out-of-the-Money (OTM) Put Option as a hedge.
Target: 10 points move in Futures.
🔻 Sell Setup
When a Sell signal appears:
Sell the current month Future.
Simultaneously Buy an Out-of-the-Money (OTM) Call Option as a hedge.
Target: 10 points move in Futures.
🚫 Stop Loss Rule
Exit the trade on:
Opposite signal, or
Break of previous candle’s high/low, depending on the trade direction.
✍️ Author's Note
This strategy is personally tested and developed by Chetan Patil for educational and practical trading purposes. It combines directional trading with option-based risk management to improve consistency and control drawdowns.
For guidance, feedback, or collaboration:
📞 Contact: 9702142142
📍 Available on WhatsApp & Call (Mon–Sat, 9 AM – 6 PM)
🔹 Strategy Overview
This strategy is designed for intraday or short-term traders using Futures & Options (F&O) to capture quick 10-point moves with proper hedging for risk management.
✅ Buy Setup
When a Buy signal is generated on your charting system:
Buy the current month Future of the selected stock/index.
Simultaneously Buy an Out-of-the-Money (OTM) Put Option as a hedge.
Target: 10 points move in Futures.
🔻 Sell Setup
When a Sell signal appears:
Sell the current month Future.
Simultaneously Buy an Out-of-the-Money (OTM) Call Option as a hedge.
Target: 10 points move in Futures.
🚫 Stop Loss Rule
Exit the trade on:
Opposite signal, or
Break of previous candle’s high/low, depending on the trade direction.
✍️ Author's Note
This strategy is personally tested and developed by Chetan Patil for educational and practical trading purposes. It combines directional trading with option-based risk management to improve consistency and control drawdowns.
For guidance, feedback, or collaboration:
📞 Contact: 9702142142
📍 Available on WhatsApp & Call (Mon–Sat, 9 AM – 6 PM)
Skrip hanya-undangan
Hanya pengguna yang disetujui oleh penulis yang dapat mengakses skrip ini. Anda harus meminta dan mendapatkan izin untuk menggunakannya. Izin ini biasanya diberikan setelah pembayaran. Untuk detail lebih lanjut, ikuti petunjuk penulis di bawah ini atau hubungi ktctpatil secara langsung.
TradingView TIDAK menyarankan untuk membayar atau menggunakan skrip kecuali anda benar-benar percaya kepada pembuatnya dan memahami cara kerjanya. Anda juga dapat menemukan alternatif sumber terbuka yang gratis di skrip komunitas kami.
Instruksi penulis
Peringatan: harap baca panduan kami untuk skrip khusus undangan sebelum meminta akses.
Pernyataan Penyangkalan
Skrip hanya-undangan
Hanya pengguna yang disetujui oleh penulis yang dapat mengakses skrip ini. Anda harus meminta dan mendapatkan izin untuk menggunakannya. Izin ini biasanya diberikan setelah pembayaran. Untuk detail lebih lanjut, ikuti petunjuk penulis di bawah ini atau hubungi ktctpatil secara langsung.
TradingView TIDAK menyarankan untuk membayar atau menggunakan skrip kecuali anda benar-benar percaya kepada pembuatnya dan memahami cara kerjanya. Anda juga dapat menemukan alternatif sumber terbuka yang gratis di skrip komunitas kami.
Instruksi penulis
Peringatan: harap baca panduan kami untuk skrip khusus undangan sebelum meminta akses.