Hedged Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 2 lot |
BANKNIFTY2152034000CE |
34000 CE |
44 |
25 |
-950 |
| Sell 1 lot |
BANKNIFTY2152033000CE |
33000 CE |
239 |
137 |
2550 |
| Sell 1 lot |
BANKNIFTY2152032000PE |
32000 PE |
286 |
355 |
-1725 |
| Sell 1 lot |
BANKNIFTY2152033000PE |
33000 PE |
773 |
975 |
-5050 |
| Sell 1 lot |
BANKNIFTY2152032000CE |
32000 CE |
753 |
521 |
5800 |
| Buy 2 lot |
BANKNIFTY2152031000PE |
31000 PE |
87 |
97 |
500 |
|
Profit (in ₹): 1125 INR | Max Profit (in ₹): 2175 INR | Max Loss (in ₹): -525 INR |
Design Strategy
Limited profit, limited loss strategy. Preferred usage on Tue / Wed / Thur.