ZERODHA
UPSTOX
ALICEBLUE

Short Straddle BANKNIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot BANKNIFTY19N2131000CE 31000 CE 313 318 8000
Sell 1 lot BANKNIFTY19N2131000PE 31000 PE 326 302 8000
Profit (in ₹): 380 INR  |   Max Profit (in ₹): 420 INR  |   Max Loss (in ₹): -760 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 30360 - 31640

Short Straddle NIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot NIFTY19N2111950CE 11950 CE 68 69 10000
Sell 1 lot NIFTY19N2111950PE 11950 PE 83 76 10000
Profit (in ₹): 450 INR  |   Max Profit (in ₹): 525 INR  |   Max Loss (in ₹): -525 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 11799 - 12101