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 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