Calendar Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY22MAY34200CE |
34200 CE |
303 |
509 |
-5150 |
| Sell 1 lot |
BANKNIFTY22MAY33600PE |
33600 PE |
311 |
201 |
2750 |
| Buy 1 lot |
BANKNIFTY2260234200CE |
34200 CE |
519 |
701 |
4550 |
| Buy 1 lot |
BANKNIFTY2260233600PE |
33600 PE |
514 |
368 |
-3650 |
|
Profit (in ₹): -1500 INR | Max Profit (in ₹): 275 INR | Max Loss (in ₹): -1500 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
32986 - 34814
Calendar Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY22MAY16200CE |
16200 CE |
144 |
221 |
-3850 |
| Sell 1 lot |
NIFTY22MAY16000PE |
16000 PE |
146 |
85 |
3050 |
| Buy 1 lot |
NIFTY2260216200CE |
16200 CE |
218 |
298 |
3950 |
| Buy 1 lot |
NIFTY2260216000PE |
16000 PE |
225 |
160 |
-3250 |
|
Profit (in ₹): -100 INR | Max Profit (in ₹): 450 INR | Max Loss (in ₹): -200 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
15710 - 16490