Index Covered Contra Strangle Strategy            


ZERODHA
UPSTOX
ALICEBLUE
FYERS
ANGEL
STOXKART
IIFL
TSO

This is High risk- High reward strategy. Good results when Nifty is trending and BankNifty is range bound. Bad results when Nifty is range bound and Banknifty is trending.
COVERED CONTRA STRANGLE (NIFTY + BANKNIFTY)
ActionContractOption Type@ 9:30CMPResult
Sell 2 lot BANKNIFTY21JUN35300CE 35300 CE 164 84 4000
Buy 1 lot NIFTY21JUN15750CE 15750 CE 94 50 -3300
Buy 1 lot NIFTY21JUN15700PE 15700 PE 94 202 8100
Sell 2 lot BANKNIFTY21JUN34100PE 34100 PE 167 375 -10400

Approx Margin Required: 325000

Profit (in ₹): -1600 INR  |   Max Profit (in ₹): 800 INR  |   Max Loss (in ₹): -4900 INR
Design Strategy

This is High risk- High reward strategy. Good results when Nifty is trending and BankNifty is range bound. Bad results when Nifty is range bound and Banknifty is trending.
COVERED CONTRA STRANGLE (NIFTY + FINNIFTY)
ActionContractOption Type@ 9:30CMPResult
Sell 2 lot 0 0 0 0
Buy 1 lot NIFTY21JUN15750CE 15750 CE 94 50 -3300
Buy 1 lot NIFTY21JUN15700PE 15700 PE 94 202 8100
Sell 2 lot 0 0 0 0
Profit (in ₹): 4800 INR  |   Max Profit (in ₹): 10350 INR  |   Max Loss (in ₹): 0 INR
Design Strategy

This is High risk- High reward strategy. Good results when Nifty is trending and BankNifty is range bound. Bad results when Nifty is range bound and Banknifty is trending.
COVERED CONTRA STRANGLE (BANKNIFTY + FINNIFTY)
ActionContractOption Type@ 9:30CMPResult
Sell 2 lot 0 0 0 0
Buy 1 lot BANKNIFTY21JUN35900CE 35900 CE 62 37 -625
Buy 1 lot BANKNIFTY21JUN33400PE 33400 PE 62 155 2325
Sell 2 lot 0 0 0 0
Profit (in ₹): 1700 INR  |   Max Profit (in ₹): 4675 INR  |   Max Loss (in ₹): -75 INR
Design Strategy

By using our site, you acknowledge that you have read, understood and agree to our Terms Of Service & Privacy Policy