Calendar Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY21JUN35000CE |
35000 CE |
260 |
143 |
2925 |
| Sell 1 lot |
BANKNIFTY21JUN34400PE |
34400 PE |
257 |
541 |
-7100 |
| Buy 1 lot |
BANKNIFTY2170135000CE |
35000 CE |
476 |
319 |
-3925 |
| Buy 1 lot |
BANKNIFTY2170134400PE |
34400 PE |
429 |
710 |
7025 |
|
Profit (in ₹): -1075 INR | Max Profit (in ₹): 450 INR | Max Loss (in ₹): -1825 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
33884 - 35516
Calendar Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY21JUN15850CE |
15850 CE |
54 |
31 |
1725 |
| Sell 1 lot |
NIFTY21JUN15650PE |
15650 PE |
75 |
174 |
-7425 |
| Buy 1 lot |
NIFTY2170115850CE |
15850 CE |
111 |
77 |
-2550 |
| Buy 1 lot |
NIFTY2170115650PE |
15650 PE |
119 |
210 |
6900 |
|
Profit (in ₹): -1350 INR | Max Profit (in ₹): 0 INR | Max Loss (in ₹): -2250 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
15522 - 15978