Short Highest Open Interest Strangle BANKNIFTY
(29900 - 31900)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2142231000CE |
31000.00 CE |
127 |
784 |
-16425 |
| Sell 1 lot |
BANKNIFTY2142230000PE |
30000.00 PE |
26 |
0 |
625 |
|
Profit (in ₹): -15775 INR | Max Profit (in ₹): 775 INR | Max Loss (in ₹): -16300 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
29847 - 31153
Short Highest Open Interest Strangle NIFTY
(13700 - 14700)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2142214500CE |
14500.00 CE |
2 |
0 |
150 |
| Sell 1 lot |
NIFTY2142214000PE |
14000.00 PE |
11 |
0 |
825 |
|
Profit (in ₹): 975 INR | Max Profit (in ₹): 975 INR | Max Loss (in ₹): -150 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
13987 - 14513
Short Highest Open Interest Strangle FINNIFTY
(14300 - 15300)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
FINNIFTY2142215000CE |
15000.00 CE |
31 |
238 |
-8280 |
| Sell 1 lot |
FINNIFTY2142214400PE |
14400.00 PE |
13 |
0 |
520 |
|
Profit (in ₹): -7760 INR | Max Profit (in ₹): 360 INR | Max Loss (in ₹): -8000 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
14356 - 15044