Algorum
Algorum is an options strategy app that provides pre-defined strategies with defined risk:reward levels. These strategies are based on mathematical and financial theory fundamentals of futures and options and heavily tested in live environment. Algorum presently has two strategies, which are defined in detail here.
Plutus BankNifty
Algorum Plutus BankNifty model takes advantage of the fact that Nifty Bank (BankNifty) and Nifty Fin Service (FinNifty) are highly correlated indices (almost 95%). It then applies our unique mathematical model and finds optimal option strikes with optimal premiums that have mathematically provable 1:3 risk:reward ratio.
Plutus Nifty
Algorum Plutus Nifty model takes advantage of the fact that Nifty 50 (Nifty) and Nifty Fin Service (FinNifty) are highly correlated indices (almost 85%). It then applies our unique mathematical model and finds optimal option strikes with optimal premiums that have mathematically provable 1:3 risk:reward ratio.