ZERODHA
UPSTOX
ALICEBLUE

Covered Straddle Strategy in BANKNIFTY          

ActionContractOption Type@ 9:30CMPResult
Sell 2 lot BANKNIFTY20JAN31300CE 31300 CE 123 83 1600
Buy 1 lot BANKNIFTY20JAN31000CE 31000 CE 247.1 171.55 -1520
Buy 1 lot BANKNIFTY20JAN31000PE 31000 PE 248 306 1160
Sell 2 lot BANKNIFTY20JAN30700PE 30700 PE 131.65 164.6 -1320
Profit (in ₹): -60 INR  |   Max Profit (in ₹): 500 INR  |   Max Loss (in ₹): -500 INR
Design Strategy

Covered Straddle Strategy in NIFTY       

ActionContractOption Type@ 9:30CMPResult
Sell 2 lot NIFTY20JAN12250CE 12250 CE 30.9 17.8 520
Buy 1 lot NIFTY20JAN12150CE 12150 CE 77 49.5 -560
Buy 1 lot NIFTY20JAN12150PE 12150 PE 56.4 78.15 440
Sell 2 lot NIFTY20JAN12050PE 12050 PE 26.15 38 -480
Profit (in ₹): -225 INR  |   Max Profit (in ₹): 525 INR  |   Max Loss (in ₹): -300 INR
Design Strategy