Calendar Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY22JUN33500CE |
33500 CE |
138 |
0 |
3450 |
| Sell 1 lot |
BANKNIFTY22JUN33500PE |
33500 PE |
191 |
75 |
2875 |
| Buy 1 lot |
BANKNIFTY2270733500CE |
33500 CE |
432 |
347 |
-2125 |
| Buy 1 lot |
BANKNIFTY2270733500PE |
33500 PE |
460 |
547 |
2175 |
|
Profit (in ₹): 6375 INR | Max Profit (in ₹): 6400 INR | Max Loss (in ₹): -650 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
33172 - 33828
Calendar Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY22JUN15800CE |
15800 CE |
92 |
0 |
4600 |
| Sell 1 lot |
NIFTY22JUN15800PE |
15800 PE |
52 |
20 |
1600 |
| Buy 1 lot |
FINNIFTY2270515800CE |
15800 CE |
44 |
30 |
-700 |
| Buy 1 lot |
NIFTY2270715800PE |
15800 PE |
179 |
231 |
2600 |
|
Profit (in ₹): 8100 INR | Max Profit (in ₹): 8100 INR | Max Loss (in ₹): -600 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
15656 - 15944