Calendar Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY21SEP38500CE |
38500 CE |
230 |
192 |
950 |
| Sell 1 lot |
BANKNIFTY21SEP38500PE |
38500 PE |
472 |
458 |
350 |
| Buy 1 lot |
BANKNIFTY21O0738500CE |
38500 CE |
489 |
450 |
-975 |
| Buy 1 lot |
BANKNIFTY21O0738500PE |
38500 PE |
699 |
677 |
-550 |
|
Profit (in ₹): -225 INR | Max Profit (in ₹): 1050 INR | Max Loss (in ₹): -625 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
37798 - 39202
Calendar Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY21SEP17900CE |
17900 CE |
118 |
84 |
1650 |
| Sell 1 lot |
NIFTY21SEP17900PE |
17900 PE |
104 |
117 |
-650 |
| Buy 1 lot |
NIFTY21O0717900CE |
17900 CE |
205 |
179 |
-1300 |
| Buy 1 lot |
NIFTY21O0717900PE |
17900 PE |
181 |
194 |
650 |
|
Profit (in ₹): 350 INR | Max Profit (in ₹): 500 INR | Max Loss (in ₹): -300 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
17679 - 18121