Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20O0121200CE |
21200 CE |
311 |
578 |
-6675 |
| Sell 1 lot |
BANKNIFTY20O0121200PE |
21200 PE |
329 |
111 |
5475 |
|
Profit (in ₹): -1225 INR | Max Profit (in ₹): 25 INR | Max Loss (in ₹): -2900 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
Limited profit, Unlimited loss strategy. Preferred usage on Tue / Wed / Thursday.