Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20SEP22400CE |
22400 CE |
364 |
215 |
3725 |
| Sell 1 lot |
BANKNIFTY20SEP22400PE |
22400 PE |
343 |
487 |
-3600 |
|
Profit (in ₹): 125 INR | Max Profit (in ₹): 425 INR | Max Loss (in ₹): -6250 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
21693 - 23107
Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY20SEP11550CE |
11550 CE |
103 |
76 |
2100 |
| Sell 1 lot |
NIFTY20SEP11550PE |
11550 PE |
98 |
106 |
-600 |
|
Profit (in ₹): 1425 INR | Max Profit (in ₹): 1500 INR | Max Loss (in ₹): -1575 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
11349 - 11751