Long Straddle BANKNIFTY

Action | Contract | Option Type | @ 9:30 | CMP | Result |
Buy 1 lot |
BANKNIFTY23O0444500CE |
44500 CE |
257 |
287 |
-775 |
Buy 1 lot |
BANKNIFTY23O0444500PE |
44500 PE |
273 |
134 |
-3475 |
Profit (in ₹): -2725 INR | Max Profit (in ₹): 125 INR | Max Loss (in ₹): -2725 INR |
- The Profit & Loss are evaluated only once per minute. The ups & downs in PNL during 1 minute is not considered in evaluation.
- Due to high volatility and price fluctuations, exit orders which are executed at market price may incur more losses than configured PNL.
- Dont mix manual trading & algo trading. If orders / positions created by algo are handled manually, the algo may perform in unexpected manner.
- If you wish to manually handle the trades, make sure you first logout from algo and then handle the trades manually.
- Dont double click on "Execute order" button. Else, it may result in multiple orders being executed in your account.
Error Tab
Unlimited profit, Limited loss strategy. Preferred usage on Monday / Friday.