Index Covered Contra Strangle Strategy            


ZERODHA
ALICEBLUE
FYERS
ANGEL
STOXKART
PAYTM MONEY
EDELWEISS
IIFL
TSO

COVERED CONTRA STRANGLE
ActionContractOption Type@ 9:30CMPResult
Sell 2 lot BLUENILE Options 40300 CE 101 49 2600
Buy 1 lot NILE Options 17100 CE 83 47 -1800
Buy 1 lot NILE Options 16950 PE 80 120 2000
Sell 2 lot BLUENILE Options 38600 PE 103 110 -350

Approx Margin Required: 325000

Profit (in ₹): 2450 INR  |   Max Profit (in ₹): 2450 INR  |   Max Loss (in ₹): -150 INR

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