Short Highest Open Interest Strangle BANKNIFTY
(20400 - 22400)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20SEP22000CE |
22000.00 CE |
70 |
28 |
1050 |
| Sell 1 lot |
BANKNIFTY20SEP21000PE |
21000.00 PE |
207 |
126 |
2025 |
|
Profit (in ₹): 3075 INR | Max Profit (in ₹): 3350 INR | Max Loss (in ₹): -675 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
20722 - 22278
Short Highest Open Interest Strangle NIFTY
(10700 - 11700)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY20SEP11500CE |
11500.00 CE |
11 |
4 |
525 |
| Sell 1 lot |
NIFTY20SEP11000PE |
11000.00 PE |
34 |
18 |
1275 |
|
Profit (in ₹): 1725 INR | Max Profit (in ₹): 1725 INR | Max Loss (in ₹): -2025 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
10954 - 11546