Hedged Short Strangle in BLUENILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 2 lot |
BLUENILE Options |
45200 CE |
17 |
11 |
-350 |
| Sell 1 lot |
BLUENILE Options |
44500 CE |
101 |
69 |
800 |
| Sell 1 lot |
BLUENILE Options |
43500 PE |
107 |
99 |
200 |
| Sell 1 lot |
BLUENILE Options |
44500 PE |
578 |
600 |
-550 |
| Sell 1 lot |
BLUENILE Options |
43500 CE |
627 |
575 |
1300 |
| Buy 2 lot |
BLUENILE Options |
42800 PE |
29 |
23 |
-300 |
|
Approx Margin Required: 90000 Profit (in ₹): 1100 INR | Max Profit (in ₹): 1375 INR | Max Loss (in ₹): -500 INR |
Limited profit, limited loss strategy. Preferred usage on Tue / Wed / Thur.