Calendar Short Strangle in BLUENILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BLUENILE Option |
39300 CE |
243 |
128 |
2875 |
| Sell 1 lot |
BLUENILE Option |
38700 PE |
241 |
333 |
-2300 |
| Buy 1 lot |
BLUENILE Option |
39300 CE |
756 |
602 |
-3850 |
| Buy 1 lot |
BLUENILE Option |
38700 PE |
711 |
783 |
1800 |
|
Profit (in ₹): -1475 INR | Max Profit (in ₹): 2325 INR | Max Loss (in ₹): -4075 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
38216 - 39784
Calendar Short Strangle in NILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NILE Option |
17250 CE |
83 |
55 |
1350 |
| Sell 1 lot |
NILE Option |
17050 PE |
85 |
98 |
-650 |
| Buy 1 lot |
NILE Option |
17250 CE |
200 |
171 |
-1450 |
| Buy 1 lot |
NILE Option |
17050 PE |
187 |
207 |
950 |
|
Profit (in ₹): 200 INR | Max Profit (in ₹): 450 INR | Max Loss (in ₹): -1400 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
16883 - 17417