Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20NOV29300CE |
29300 CE |
160 |
31 |
3225 |
| Sell 1 lot |
BANKNIFTY20NOV29300PE |
29300 PE |
184 |
361 |
-4425 |
|
Profit (in ₹): -1200 INR | Max Profit (in ₹): 575 INR | Max Loss (in ₹): -2225 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
28956 - 29644
Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY20NOV12900CE |
12900 CE |
38 |
8 |
2250 |
| Sell 1 lot |
NIFTY20NOV12900PE |
12900 PE |
55 |
93 |
-2925 |
|
Profit (in ₹): -600 INR | Max Profit (in ₹): 450 INR | Max Loss (in ₹): -2325 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
12808 - 12992