Calendar Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY21D0236500CE |
36500 CE |
128 |
8 |
3000 |
| Sell 1 lot |
BANKNIFTY21D0236500PE |
36500 PE |
264 |
0 |
6600 |
| Buy 1 lot |
BANKNIFTY21D0936500CE |
36500 CE |
459 |
490 |
775 |
| Buy 1 lot |
BANKNIFTY21D0936500PE |
36500 PE |
555 |
415 |
-3500 |
|
Profit (in ₹): 6875 INR | Max Profit (in ₹): 6875 INR | Max Loss (in ₹): -675 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
36108 - 36892
Calendar Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY21D0217200CE |
17200 CE |
71 |
202 |
-6500 |
| Sell 1 lot |
NIFTY21D0217200PE |
17200 PE |
52 |
0 |
2600 |
| Buy 1 lot |
NIFTY21D0917200CE |
17200 CE |
199 |
293 |
4700 |
| Buy 1 lot |
NIFTY21D0917200PE |
17200 PE |
163 |
80 |
-4150 |
|
Profit (in ₹): -3350 INR | Max Profit (in ₹): 300 INR | Max Loss (in ₹): -3650 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
17076 - 17324