Index Contra Straddle - Options Trading Strategies using Pivottrading.Net

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Index Contra Straddle Strategy

Action	Contract	Expiry	Option Type	@ 9:30	CMP	Result
Sell 1 lot	BLUENILE Options	2023-06-08	44200 CE	199	150	1225
Buy 1 lot	NILE Options	2023-06-08	18600 CE	83	66	-850
Buy 1 lot	NILE Options	2023-06-08	18600 PE	99	98	-50
Sell 1 lot	BLUENILE Options	2023-06-08	43800 PE	191	173	450
Profit (in ₹): 775 INR \| Max Profit (in ₹): 950 INR \| Max Loss (in ₹): -400 INR
(Try RATIO CONTRA STRADDLE)

Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone: 0 - 0