Short Straddle BANKNIFTY       

ActionContractOption Type@ 9:30CMPResult
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
  1. The Profit & Loss are evaluated only once per minute. The ups & downs in PNL during 1 minute is not considered in evaluation.
  2. Due to high volatility and price fluctuations, exit orders which are executed at market price may incur more losses than configured PNL.
  3. Dont mix manual trading & algo trading. If orders / positions created by algo are handled manually, the algo may perform in unexpected manner.
  4. If you wish to manually handle the trades, make sure you first logout from algo and then handle the trades manually.
  5. 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.

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