Calendar Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY22MAY34000CE |
34000 CE |
397 |
632 |
-5850 |
| Sell 1 lot |
BANKNIFTY22MAY34000PE |
34000 PE |
485 |
318 |
4175 |
| Buy 1 lot |
BANKNIFTY2260234000CE |
34000 CE |
616 |
840 |
5600 |
| Buy 1 lot |
BANKNIFTY2260234000PE |
34000 PE |
688 |
494 |
-4850 |
|
Profit (in ₹): -925 INR | Max Profit (in ₹): 400 INR | Max Loss (in ₹): -950 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
33117 - 34883
Calendar Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY22MAY16100CE |
16100 CE |
194 |
286 |
-4600 |
| Sell 1 lot |
NIFTY22MAY16100PE |
16100 PE |
187 |
113 |
3700 |
| Buy 1 lot |
NIFTY2260216100CE |
16100 CE |
269 |
359 |
4500 |
| Buy 1 lot |
FINNIFTY22MAY16100PE |
16100 PE |
784 |
0 |
-39200 |
|
Profit (in ₹): -35600 INR | Max Profit (in ₹): 550 INR | Max Loss (in ₹): -38950 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
15719 - 16481