Calendar Short Strangle in BLUENILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BLUENILE Option |
43400 CE |
161 |
144 |
425 |
| Sell 1 lot |
BLUENILE Option |
42800 PE |
159 |
121 |
975 |
| Buy 1 lot |
BLUENILE Option |
43400 CE |
332 |
335 |
100 |
| Buy 1 lot |
BLUENILE Option |
42800 PE |
299 |
267 |
-800 |
|
Profit (in ₹): 700 INR | Max Profit (in ₹): 650 INR | Max Loss (in ₹): -375 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
42480 - 43720
Calendar Short Strangle in NILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NILE Option |
18850 CE |
71 |
51 |
1000 |
| Sell 1 lot |
NILE Option |
18650 PE |
63 |
66 |
-200 |
| Buy 1 lot |
NILE Option |
18850 CE |
703 |
0 |
-35150 |
| Buy 1 lot |
NILE Option |
18650 PE |
97 |
0 |
-4850 |
|
Profit (in ₹): -39200 INR | Max Profit (in ₹): 0 INR | Max Loss (in ₹): -40750 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
18516 - 18984