Calendar Short Strangle in BLUENILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BLUENILE Option |
39900 CE |
219 |
129 |
2250 |
| Sell 1 lot |
BLUENILE Option |
39300 PE |
267 |
293 |
-650 |
| Buy 1 lot |
BLUENILE Option |
39900 CE |
429 |
333 |
-2375 |
| Buy 1 lot |
BLUENILE Option |
39300 PE |
423 |
470 |
1175 |
|
Profit (in ₹): 400 INR | Max Profit (in ₹): 600 INR | Max Loss (in ₹): -225 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
38813 - 40387
Calendar Short Strangle in NILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NILE Option |
17150 CE |
63 |
33 |
1500 |
| Sell 1 lot |
NILE Option |
16950 PE |
80 |
120 |
-2000 |
| Buy 1 lot |
NILE Option |
17150 CE |
132 |
96 |
-1850 |
| Buy 1 lot |
NILE Option |
16950 PE |
133 |
189 |
2800 |
|
Profit (in ₹): 450 INR | Max Profit (in ₹): 500 INR | Max Loss (in ₹): -300 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
16807 - 17293