Hedged Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 2 lot |
BANKNIFTY21O1439700CE |
39700 CE |
4 |
0 |
-200 |
| Sell 1 lot |
BANKNIFTY21O1439000CE |
39000 CE |
43 |
340 |
-7425 |
| Sell 1 lot |
BANKNIFTY21O1438500PE |
38500 PE |
36 |
0 |
900 |
| Sell 1 lot |
BANKNIFTY21O1439000PE |
39000 PE |
249 |
0 |
6225 |
| Sell 1 lot |
BANKNIFTY21O1438500CE |
38500 CE |
329 |
841 |
-12800 |
| Buy 2 lot |
BANKNIFTY21O1437800PE |
37800 PE |
6 |
0 |
-300 |
|
Approx Margin Required: 90000 Profit (in ₹): -13600 INR | Max Profit (in ₹): 2650 INR | Max Loss (in ₹): -13925 INR |
Limited profit, limited loss strategy. Preferred usage on Tue / Wed / Thur.