Short Highest Open Interest Strangle BANKNIFTY
(34500 - 36500)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2131036000CE |
36000.00 CE |
389 |
316 |
1825 |
| Sell 1 lot |
BANKNIFTY2131035000PE |
35000.00 PE |
563 |
430 |
3325 |
|
Profit (in ₹): 5150 INR | Max Profit (in ₹): 5150 INR | Max Loss (in ₹): -1450 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
34048 - 36952
Short Highest Open Interest Strangle NIFTY
(14600 - 15600)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2131015500CE |
15500.00 CE |
32 |
21 |
825 |
| Sell 1 lot |
NIFTY2131015000PE |
15000.00 PE |
225 |
190 |
2625 |
|
Profit (in ₹): 3450 INR | Max Profit (in ₹): 3525 INR | Max Loss (in ₹): -2250 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
14743 - 15757
Short Highest Open Interest Strangle FINNIFTY
(15900 - 16900)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
FINNIFTY2131016800CE |
16800.00 CE |
127 |
102 |
960 |
| Sell 1 lot |
FINNIFTY2131016000PE |
16000.00 PE |
167 |
109 |
2320 |
|
Profit (in ₹): 3320 INR | Max Profit (in ₹): 3320 INR | Max Loss (in ₹): -840 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
15707 - 17093