Hedged Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 2 lot |
BANKNIFTY2180536200CE |
36200 CE |
7 |
6 |
-0 |
| Sell 1 lot |
BANKNIFTY2180535500CE |
35500 CE |
21 |
22 |
-25 |
| Sell 1 lot |
BANKNIFTY2180533500PE |
33500 PE |
13 |
10 |
100 |
| Sell 1 lot |
BANKNIFTY2180535500PE |
35500 PE |
769 |
699 |
1750 |
| Sell 1 lot |
BANKNIFTY2180533500CE |
33500 CE |
1269 |
1335 |
-1650 |
| Buy 2 lot |
BANKNIFTY2180532800PE |
32800 PE |
6 |
5 |
-50 |
|
Approx Margin Required: 90000 Profit (in ₹): 125 INR | Max Profit (in ₹): 825 INR | Max Loss (in ₹): -400 INR |
Limited profit, limited loss strategy. Preferred usage on Tue / Wed / Thur.