Calendar Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
|
36700 |
0 |
0 |
0 |
| Sell 1 lot |
|
36100 |
0 |
0 |
0 |
| Buy 1 lot |
BANKNIFTY21D0936700CE |
36700 CE |
364 |
386 |
550 |
| Buy 1 lot |
BANKNIFTY21D0936100PE |
36100 PE |
391 |
258 |
-3325 |
|
Profit (in ₹): -2775 INR | Max Profit (in ₹): 0 INR | Max Loss (in ₹): -3525 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
36100 - 36700
Calendar Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
|
17300 |
0 |
0 |
0 |
| Sell 1 lot |
|
17100 |
0 |
0 |
0 |
| Buy 1 lot |
NIFTY21D0917300CE |
17300 CE |
141 |
226 |
4250 |
| Buy 1 lot |
NIFTY21D0917100PE |
17100 PE |
131 |
58 |
-3650 |
|
Profit (in ₹): 600 INR | Max Profit (in ₹): 600 INR | Max Loss (in ₹): -1350 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
17100 - 17300