Running Zen & Curvature Credit Spread Overnight together — how are same-strike opposite positions handled?

[Krishna]

Hi Stratzy Team / Community,

I’m planning to deploy two algos simultaneously on the same broker account:

1. Zen Credit Spread Overnight

2. Curvature Credit Spread Overnight

Since both strategies hold positions overnight, I understand both would place NRML orders.

My question: if one algo opens a LONG position and the other opens a SHORT position on the same strike (same CE, same expiry), how is this handled? Since both orders would be on the same instrument with the same product type (NRML), the broker would normally net them against each other.

Specifically:

1. Does Stratzy have a safeguard here — is the second conflicting order skipped or blocked?

2. If a skipped order is one leg of a credit spread, does the entire basket get skipped or only that leg? A skipped hedge leg would leave a naked short position — much higher risk and margin than intended.

3. If a strategy is skipped for the day due to such a conflict, is the user notified?

4. What’s the recommended way to safely run two NRML overnight strategies together? Are separate broker accounts the only clean solution?

5. Historically, how often do Zen and Curvature end up on overlapping strikes?

Would appreciate clarity before deploying both. Has anyone in the community run these two together — any real-world experience with strike overlaps?

Thanks!

[tilak.chauhan]

Hi @Krishna

Please find answers to your questions below:

1. We have discussed deploying multiple Algos on the same broker account and the handling of conflicting orders in one of our earlier community posts. Please refer to the detailed explanation here:

Multiple strategy deployment and same-strike position handling

Hi @niranjan_navada You can deploy multiple Algos on the same broker account; there are no restrictions on the number of Algos you can deploy simultaneously. However, if two Algos generate opposite positions on the same instrument, the broker may square off the position that was opened first instead of maintaining both positions separately (this is a general practice). To prevent such conflicts, Stratzy has a built-in safeguard. If one Algo already holds a position in an instrument and another…

2. If a conflict is detected for a multi-leg strategy such as a Credit Spread, the entire trade is skipped. The platform does not execute only one leg while skipping the other, as this helps ensure that the strategy does not end up with an unintended naked or unhedged position.
3. Currently, no separate notification is sent when a trade is skipped. However, you can verify the reason by checking the order logs on the Stratzy application, where the skipped trade and the relevant details will be available.
4. You can safely deploy multiple overnight strategies on the same broker account, as the platform automatically performs conflict checks and skips conflicting trades whenever required.
5. The probability of overlapping strike selection between the two Credit Spread strategies is expected to be very low, estimated to be well below 0.01%. However, this can vary depending on prevailing market conditions.

I hope this helps clarify your query.