Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| 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
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| 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