Calendar Short Strangle in BLUENILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BLUENILE Option |
41500 CE |
283 |
40 |
6075 |
| Sell 1 lot |
BLUENILE Option |
40900 PE |
321 |
497 |
-4400 |
| Buy 1 lot |
BLUENILE Option |
41500 CE |
484 |
260 |
-5600 |
| Buy 1 lot |
BLUENILE Option |
40900 PE |
472 |
822 |
8725 |
|
Profit (in ₹): 4800 INR | Max Profit (in ₹): 4825 INR | Max Loss (in ₹): -2300 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
40296 - 42104
Calendar Short Strangle in NILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NILE Option |
17900 CE |
92 |
11 |
4050 |
| Sell 1 lot |
NILE Option |
17700 PE |
96 |
145 |
-2450 |
| Buy 1 lot |
NILE Option |
17900 CE |
454 |
310 |
-7200 |
| Buy 1 lot |
NILE Option |
17700 PE |
65 |
114 |
2500 |
|
Profit (in ₹): -3100 INR | Max Profit (in ₹): 18000 INR | Max Loss (in ₹): -9700 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
17512 - 18088