ZERODHA
UPSTOX
ALICEBLUE

Covered Straddle Strategy in BANKNIFTY          

ActionContractOption Type@ 9:30CMPResult
Sell 2 lot BANKNIFTY2012331900CE 31900 CE 160.9 157.95 120
Buy 1 lot BANKNIFTY2012331600CE 31600 CE 291.9 295 60
Buy 1 lot BANKNIFTY2012331600PE 31600 PE 275.9 228.5 -940
Sell 2 lot BANKNIFTY2012331300PE 31300 PE 158.5 127 1280
Profit (in ₹): 520 INR  |   Max Profit (in ₹): 720 INR  |   Max Loss (in ₹): -40 INR
Design Strategy

Covered Straddle Strategy in NIFTY       

ActionContractOption Type@ 9:30CMPResult
Sell 2 lot NIFTY2012312450CE 12450 CE 25.4 24.05 40
Buy 1 lot NIFTY2012312350CE 12350 CE 62 64.95 60
Buy 1 lot NIFTY2012312350PE 12350 PE 73.05 58.5 -300
Sell 2 lot NIFTY2012312250PE 12250 PE 33.9 24 400
Profit (in ₹): 825 INR  |   Max Profit (in ₹): 825 INR  |   Max Loss (in ₹): -150 INR
Design Strategy