Hedged Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 2 lot |
BANKNIFTY21D0237700CE |
37700 CE |
4 |
0 |
-200 |
| Sell 1 lot |
BANKNIFTY21D0237000CE |
37000 CE |
21 |
0 |
525 |
| Sell 1 lot |
BANKNIFTY21D0236000PE |
36000 PE |
72 |
0 |
1800 |
| Sell 1 lot |
BANKNIFTY21D0237000PE |
37000 PE |
659 |
491 |
4200 |
| Sell 1 lot |
BANKNIFTY21D0236000CE |
36000 CE |
434 |
507 |
-1825 |
| Buy 2 lot |
BANKNIFTY21D0235300PE |
35300 PE |
9 |
0 |
-450 |
|
Approx Margin Required: 90000 Profit (in ₹): 4050 INR | Max Profit (in ₹): 4075 INR | Max Loss (in ₹): -50 INR |
Limited profit, limited loss strategy. Preferred usage on Tue / Wed / Thur.