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 BANKNIFTY2151233100CE 33100 CE 125 144 -950
Buy 1 lot NIFTY2151214850CE 14850 CE 62 67 375
Buy 1 lot NIFTY2151214800PE 14800 PE 66 49 -1350
Sell 2 lot BANKNIFTY2151232400PE 32400 PE 129 69 3000
Profit (in ₹): 1150 INR  |   Max Profit (in ₹): 1225 INR  |   Max Loss (in ₹): -4625 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 FINNIFTY2151215800CE 15800 CE 78 66 960
Buy 1 lot NIFTY2151214850CE 14850 CE 62 67 375
Buy 1 lot NIFTY2151214800PE 14800 PE 66 49 -1350
Sell 2 lot FINNIFTY2151215600PE 15600 PE 70 58 880
Profit (in ₹): 1020 INR  |   Max Profit (in ₹): 1400 INR  |   Max Loss (in ₹): -1665 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 FINNIFTY2151215900CE 15900 CE 44 33 880
Buy 1 lot BANKNIFTY2151233000CE 33000 CE 159 185 625
Buy 1 lot BANKNIFTY2151232500PE 32500 PE 159 91 -1725
Sell 2 lot FINNIFTY2151215600PE 15600 PE 70 58 880
Profit (in ₹): 790 INR  |   Max Profit (in ₹): 2225 INR  |   Max Loss (in ₹): -190 INR
Design Strategy

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