ZERODHA
UPSTOX
ALICEBLUE

Short Straddle BANKNIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot BANKNIFTY19N2131300CE 31300 CE 113 51 25000
Sell 1 lot BANKNIFTY19N2131300PE 31300 PE 127 0 25000
Profit (in ₹): 3780 INR  |   Max Profit (in ₹): 3880 INR  |   Max Loss (in ₹): -60 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 31059 - 31541

Short Straddle NIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot NIFTY19N2112000CE 12000 CE 25 0 32000
Sell 1 lot NIFTY19N2112000PE 12000 PE 38 31 32000
Profit (in ₹): 2400 INR  |   Max Profit (in ₹): 3225 INR  |   Max Loss (in ₹): -75 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 11937 - 12063