Minimum allocation in Option buying strategy like Skew Hunter

Hi, Minimum allocation in Option buying strategy like Skew Hunter is 1 Lac, is it including drawdowns, how much lots it will buy in minimum allocation. Do i need to maintain margin in my account above 1 lacs for drawdowns?

Keep one lakh plus max historical dd on one lakh , in general assume 50% dd is there in history then keep minimum 1 lakh plus 50k , total 1.5 so u can run it safely even if max historical dd is hit , u get time to recover without needing to stop that algo

Personal advice don’t run OB alone they are volatile algos due to nature of OB. Pair it with some selling algos

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Thanks, i have account in IIFL, it is showing Stratzy algos, can i deploy in IIFL. Are these running successfully?

I can’t comment on it I use dhan with stratzy

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Yes @Manish_Sawhney We do have a web-integration with IIFL. You can definitely use it!

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