Calendar Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY21SEP38600CE |
38600 CE |
194 |
159 |
875 |
| Sell 1 lot |
BANKNIFTY21SEP38000PE |
38000 PE |
227 |
220 |
175 |
| Buy 1 lot |
BANKNIFTY21O0738600CE |
38600 CE |
446 |
410 |
-900 |
| Buy 1 lot |
BANKNIFTY21O0738000PE |
38000 PE |
454 |
447 |
-175 |
|
Profit (in ₹): -25 INR | Max Profit (in ₹): 725 INR | Max Loss (in ₹): -375 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
37580 - 39020
Calendar Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY21SEP18000CE |
18000 CE |
73 |
47 |
1300 |
| Sell 1 lot |
NIFTY21SEP17800PE |
17800 PE |
64 |
71 |
-350 |
| Buy 1 lot |
NIFTY21O0718000CE |
18000 CE |
158 |
135 |
-1150 |
| Buy 1 lot |
NIFTY21O0717800PE |
17800 PE |
137 |
149 |
650 |
|
Profit (in ₹): 450 INR | Max Profit (in ₹): 450 INR | Max Loss (in ₹): -350 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
17663 - 18137