ZERODHA
UPSTOX
ALICEBLUE
FYERS
ZEBU

Short Straddle BANKNIFTY       

ActionContractOption Type@ 9:30CMPResult
Sell 1 lot BANKNIFTY2070922000CE 22000 CE 503 352 3020
Sell 1 lot BANKNIFTY2070922000PE 22000 PE 456 486 -620
Profit (in ₹): 2420 INR  |   Max Profit (in ₹): 2420 INR  |   Max Loss (in ₹): -140 INR
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone: 21041 - 22959

Short Straddle NIFTY       

ActionContractOption Type@ 9:30CMPResult
Sell 1 lot NIFTY2070910600CE 10600 CE 120 100 1500
Sell 1 lot NIFTY2070910600PE 10600 PE 136 126 750
Profit (in ₹): 2250 INR  |   Max Profit (in ₹): 2325 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: 10344 - 10856