Index Covered Contra Strangle Strategy            


ZERODHA
UPSTOX
ALICEBLUE

Due to inconsistency in Performance & Unfavorable risk-reward during high volatile days, we recommend to use this tool only under expert guidance. We have migrated to a new safer tool here.
COVERED CONTRA STRANGLE
ActionContractOption Type@ 9:30CMPResult
Sell 2 lot BANKNIFTY2070922900CE 22900 CE 84 7 3080
Buy 1 lot NIFTY2070910750CE 10750 CE 31 63 2475
Buy 1 lot NIFTY2070910750PE 10750 PE 47 0 -3525
Sell 2 lot BANKNIFTY2070922500PE 22500 PE 69 0 2760
Profit (in ₹): 4715 INR  |   Max Profit (in ₹): 4785 INR  |   Max Loss (in ₹): -670 INR