ZERODHA
UPSTOX
ALICEBLUE
FYERS
ZEBU

Short Straddle BANKNIFTY       

ActionContractOption Type@ 9:30CMPResult
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       

ActionContractOption Type@ 9:30CMPResult
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