Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20SEP21300CE |
21300 CE |
301 |
185 |
2900 |
| Sell 1 lot |
BANKNIFTY20SEP21300PE |
21300 PE |
331 |
258 |
1825 |
|
Profit (in ₹): 4725 INR | Max Profit (in ₹): 5025 INR | Max Loss (in ₹): -825 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
20668 - 21932
Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY20SEP11200CE |
11200 CE |
98 |
56 |
3225 |
| Sell 1 lot |
NIFTY20SEP11200PE |
11200 PE |
97 |
78 |
1425 |
|
Profit (in ₹): 4575 INR | Max Profit (in ₹): 4650 INR | Max Loss (in ₹): -2100 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
11005 - 11395