Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY23O0519650CE |
19650 CE |
77 |
89 |
-600 |
| Sell 1 lot |
NIFTY23O0519550PE |
19550 PE |
83 |
41 |
2100 |
|
Profit (in ₹): 1500 INR | Max Profit (in ₹): 8000 INR | Max Loss (in ₹): -350 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.