Hedged Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 2 lot |
BANKNIFTY22JUN34700CE |
34700 CE |
3 |
0 |
-150 |
| Sell 1 lot |
BANKNIFTY22JUN34000CE |
34000 CE |
22 |
0 |
550 |
| Sell 1 lot |
BANKNIFTY22JUN33000PE |
33000 PE |
38 |
0 |
950 |
| Sell 1 lot |
BANKNIFTY22JUN34000PE |
34000 PE |
574 |
577 |
-75 |
| Sell 1 lot |
BANKNIFTY22JUN33000CE |
33000 CE |
485 |
425 |
1500 |
| Buy 2 lot |
BANKNIFTY22JUN32300PE |
32300 PE |
5 |
0 |
-200 |
|
Approx Margin Required: 90000 Profit (in ₹): 2575 INR | Max Profit (in ₹): 2625 INR | Max Loss (in ₹): -1625 INR |
Limited profit, limited loss strategy. Preferred usage on Tue / Wed / Thur.