Calendar Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY21JUN35000CE |
35000 CE |
260 |
130 |
3250 |
| Sell 1 lot |
BANKNIFTY21JUN34400PE |
34400 PE |
257 |
589 |
-8325 |
| Buy 1 lot |
BANKNIFTY2170135000CE |
35000 CE |
476 |
303 |
-4350 |
| Buy 1 lot |
BANKNIFTY2170134400PE |
34400 PE |
429 |
759 |
8250 |
|
Profit (in ₹): -1175 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 |
29 |
1875 |
| Sell 1 lot |
NIFTY21JUN15650PE |
15650 PE |
75 |
182 |
-8025 |
| Buy 1 lot |
NIFTY2170115850CE |
15850 CE |
111 |
73 |
-2850 |
| Buy 1 lot |
NIFTY2170115650PE |
15650 PE |
119 |
224 |
7875 |
|
Profit (in ₹): -1125 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