Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2070922800CE |
22800 CE |
259 |
88 |
3400 |
| Sell 1 lot |
BANKNIFTY2070922800PE |
22800 PE |
298 |
355 |
-1160 |
|
Profit (in ₹): 2280 INR | Max Profit (in ₹): 2500 INR | Max Loss (in ₹): -180 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
22244 - 23356
Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2070910800CE |
10800 CE |
82 |
14 |
5100 |
| Sell 1 lot |
NIFTY2070910800PE |
10800 PE |
62 |
132 |
-5250 |
|
Profit (in ₹): -150 INR | Max Profit (in ₹): 2550 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:
10656 - 10944