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
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 2 lot |
BANKNIFTY2060421300CE |
21300 CE |
104 |
1 |
4160 |
| Buy 1 lot |
NIFTY2060410100CE |
10100 CE |
34 |
0 |
-2550 |
| Buy 1 lot |
NIFTY2060410100PE |
10100 PE |
51 |
71 |
1500 |
| Sell 2 lot |
BANKNIFTY2060420800PE |
20800 PE |
103 |
425 |
-12920 |
|
Profit (in ₹): -9810 INR | Max Profit (in ₹): 3140 INR | Max Loss (in ₹): -9810 INR |
Design Strategy