Hedged Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 2 lot |
BANKNIFTY2220339200CE |
39200 CE |
373 |
205 |
-8400 |
| Sell 1 lot |
BANKNIFTY2220338500CE |
38500 CE |
626 |
368 |
6425 |
| Sell 1 lot |
BANKNIFTY2220338000PE |
38000 PE |
602 |
828 |
-5650 |
| Sell 1 lot |
BANKNIFTY2220338500PE |
38500 PE |
860 |
1144 |
-7100 |
| Sell 1 lot |
BANKNIFTY2220338000CE |
38000 CE |
870 |
543 |
8175 |
| Buy 2 lot |
BANKNIFTY2220337300PE |
37300 PE |
345 |
481 |
6750 |
|
Approx Margin Required: 90000 Profit (in ₹): 200 INR | Max Profit (in ₹): 1200 INR | Max Loss (in ₹): -1100 INR |
Limited profit, limited loss strategy. Preferred usage on Tue / Wed / Thur.