Short Highest Open Interest Strangle BANKNIFTY
(34800 - 36800)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2130436000CE |
36000.00 CE |
513 |
236 |
6925 |
| Sell 1 lot |
BANKNIFTY2130435000PE |
35000.00 PE |
419 |
730 |
-7775 |
|
Profit (in ₹): -850 INR | Max Profit (in ₹): 2100 INR | Max Loss (in ₹): -7200 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
34068 - 36932
Short Highest Open Interest Strangle NIFTY
(14500 - 15500)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2130415100CE |
15100.00 CE |
90 |
34 |
4275 |
| Sell 1 lot |
NIFTY2130415000PE |
15000.00 PE |
238 |
513 |
-20625 |
|
Profit (in ₹): -16425 INR | Max Profit (in ₹): 675 INR | Max Loss (in ₹): -18525 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
14672 - 15428
Short Highest Open Interest Strangle FINNIFTY
(16000 - 17000)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
FINNIFTY2130417000CE |
17000.00 CE |
111 |
47 |
2560 |
| Sell 1 lot |
FINNIFTY2130416500PE |
16500.00 PE |
250 |
506 |
-10200 |
|
Profit (in ₹): -7680 INR | Max Profit (in ₹): 1480 INR | Max Loss (in ₹): -11200 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
16139 - 17361