Short Highest Open Interest Strangle BANKNIFTY
(32100 - 34100)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2151233000CE |
33000.00 CE |
159 |
327 |
-4200 |
| Sell 1 lot |
BANKNIFTY2151232500PE |
32500.00 PE |
159 |
72 |
2175 |
|
Profit (in ₹): -2025 INR | Max Profit (in ₹): 925 INR | Max Loss (in ₹): -3075 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
32181 - 33319
Short Highest Open Interest Strangle NIFTY
(14400 - 15400)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2151215000CE |
15000.00 CE |
16 |
26 |
-750 |
| Sell 1 lot |
NIFTY2151214800PE |
14800.00 PE |
66 |
43 |
1800 |
|
Profit (in ₹): 975 INR | Max Profit (in ₹): 1425 INR | Max Loss (in ₹): 0 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
14718 - 15082
Short Highest Open Interest Strangle FINNIFTY
(15200 - 16200)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
FINNIFTY2151216000CE |
16000.00 CE |
22 |
41 |
-760 |
| Sell 1 lot |
FINNIFTY2151215500PE |
15500.00 PE |
44 |
25 |
760 |
|
Profit (in ₹): 0 INR | Max Profit (in ₹): 720 INR | Max Loss (in ₹): -400 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
15434 - 16066