How the setups work

Paper Desk — the live configuration, in plain English. Options trade the ATM strike only, on both the CALL and PUT side. All times IST.

The setups

SetupScanner listsCandle it tracksArms (buys after) How it entersExit rulePositions
per signal
Morning 5min VWAP
Options · ATM
9:20 & 9:25 — common of the two 9:20–9:25 on the 9:25 list (~9:25) on a move above the high, at any ask up to the cap (0–10 → +0.05, 10–30 → +0.10, 30–50 → +0.15, >50 → +0.3%) Portfolio B: ₹2,100 / ₹3,000, stop trails up 1
Morning 5min VWAP PUT
Options · ATM · PUT
9:20 & 9:25 — common of the two (its own PUT scan) 9:20–9:25 on the 9:25 list (~9:25) on a move above the high, at any ask up to the cap (0–10 → +0.05, 10–30 → +0.10, 30–50 → +0.15, >50 → +0.3%) Portfolio B: ₹2,100 / ₹3,000, stop trails up 1
LargeCap 15min
Future
Joins on first appearance, all day (until 14:50) its 15-min clock candle at candle close buys on a move above the high, at any ask up to the tier cap — won't chase a spike +0.7% / −0.8% of the buy price, trailing · held all day 1
MACD Future tracker
Future
Every minute; joins on first appearance its 5-min clock candle at candle close buys on a move above the high, at any ask up to the tier cap — won't chase a spike +0.7% / −0.8% of the buy price, trailing · held all day 1
Manual
Options · ATM
— (you place it from the ticket) now, at your price, or a candle you choose immediately / on your condition market, limit, or a candle breakout A, B and C (all three) 3

The exit rules (portfolios)

A  book ₹500 · stop ₹3,000
B  book ₹2,100 · stop ₹3,000, trails up
C  book ₹6,000 · stop ₹3,000
D  book ₹500 · stop ₹1,500
E  book ₹1,000 · stop ₹1,500
F  book ₹1,500 · stop ₹1,500
P  +0.7% / −0.8% of the buy price, trailing (futures)

Rules that apply across the desk

ATM strike only

Every options setup buys the strike nearest the share price — one strike per signal. (config.BUCKETS = ["ATM"])

How a buy happens

Two things must both be true: the price has to move above the candle high, and the seller's price must be at or under the cap. Past the cap the desk waits for a pull-back instead of chasing. There is no lower limit — if the seller's price is cheaper than the high after a real move, that is simply a better entry.

10:30 entry cutoff

After 10:30 no setup takes a new entry except LargeCap 15min; trades already open run to their target. A toggle on the dashboard turns this on/off.

Max 2 per sector

At most two stocks from the same sector, per setup, first come first served. Sectors come from your watchlist map.

Fills

Bought at the ask (real slippage, modelled), P&L marked on the bid. If a tick crosses both target and stop, the stop is booked.

End of day

Everything is squared off at 15:15. Futures are held all day up to then; options run to their own window or target/stop.

Paper only

There is no order-placement path — every fill is simulated. Nothing here reaches the exchange.

This page describes the desk's current configuration. Every Chartink list the desk receives is recorded at /chartink-log; finished trades are at /signals.