Contra Iron Condor - Options Trading Strategies using Pivottrading.Net & Zerodha

Contra Iron Condor

Action	Contract	Option Type	@ 9:30	CMP	Result
Buy 1 lot	BANKNIFTY21D0236800CE	36800.00 CE	44	0	-1100
Sell 1 lot	BANKNIFTY21D0236400CE	36400.00 CE	173	107	1650
Sell 1 lot	BANKNIFTY21D0236400PE	36400.00 PE	211	0	5275
Buy 1 lot	BANKNIFTY21D0236000PE	36000.00 PE	72	0	-1800

Sell 1 lot	NIFTY21D0217350CE	17350.00 CE	13	51	-1950
Buy 1 lot	NIFTY21D0217200CE	17200.00 CE	71	202	6500
Buy 1 lot	NIFTY21D0217200PE	17200.00 PE	52	0	-2600
Sell 1 lot	NIFTY21D0217050PE	17050.00 PE	16	0	800
Approx Margin Required: 130000 Profit (in ₹): 6775 INR \| Max Profit (in ₹): 7850 INR \| Max Loss (in ₹): -50 INR

No of lots

Limited profit, limited loss strategy. Preferred usage on Tue / Wed / Thur.