ZERODHA
UPSTOX
ALICEBLUE

Short Straddle BANKNIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot BANKNIFTY19D1231800CE 31800 CE 275 224
Sell 1 lot BANKNIFTY19D1231800PE 31800 PE 247 299
Profit (in ₹): -20 INR  |   Max Profit (in ₹): 160 INR  |   Max Loss (in ₹): -140 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 31278 - 32322

Short Straddle NIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot NIFTY19D1212050CE 12050 CE 61 54
Sell 1 lot NIFTY19D1212050PE 12050 PE 72 85
Profit (in ₹): -450 INR  |   Max Profit (in ₹): 0 INR  |   Max Loss (in ₹): -450 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 11917 - 12183