Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20D1029600CE |
29600 CE |
430 |
754 |
-8100 |
| Sell 1 lot |
BANKNIFTY20D1029600PE |
29600 PE |
460 |
157 |
7575 |
|
Profit (in ₹): -525 INR | Max Profit (in ₹): 2450 INR | Max Loss (in ₹): -2075 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
28709 - 30491
Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY20D1013200CE |
13200 CE |
108 |
137 |
-2175 |
| Sell 1 lot |
NIFTY20D1013200PE |
13200 PE |
115 |
59 |
4275 |
|
Profit (in ₹): 2025 INR | Max Profit (in ₹): 2175 INR | Max Loss (in ₹): -600 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
12976 - 13424