Calendar Short Strangle in BLUENILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BLUENILE Option |
39300 CE |
243 |
134 |
2700 |
| Sell 1 lot |
BLUENILE Option |
38700 PE |
241 |
345 |
-2600 |
| Buy 1 lot |
BLUENILE Option |
39300 CE |
756 |
587 |
-4225 |
| Buy 1 lot |
BLUENILE Option |
38700 PE |
711 |
837 |
3150 |
|
Profit (in ₹): -975 INR | Max Profit (in ₹): 2325 INR | Max Loss (in ₹): -4075 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
38216 - 39784
Calendar Short Strangle in NILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NILE Option |
17250 CE |
83 |
61 |
1100 |
| Sell 1 lot |
NILE Option |
17050 PE |
85 |
103 |
-950 |
| Buy 1 lot |
NILE Option |
17250 CE |
200 |
175 |
-1250 |
| Buy 1 lot |
NILE Option |
17050 PE |
187 |
207 |
1000 |
|
Profit (in ₹): -100 INR | Max Profit (in ₹): 250 INR | Max Loss (in ₹): -1400 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
16883 - 17417