ZERODHA
UPSTOX
ALICEBLUE

Short Straddle BANKNIFTY       

ActionContractOption Type@ 9:30CMPResult
Sell 1 lot BANKNIFTY2040917400CE 17400 CE 722 649 1440
Sell 1 lot BANKNIFTY2040917400PE 17400 PE 689 532 3140
Profit (in ₹): 4600 INR  |   Max Profit (in ₹): 28220 INR  |   Max Loss (in ₹): -740 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 15989 - 18811

Short Straddle NIFTY       

ActionContractOption Type@ 9:30CMPResult
Sell 1 lot NIFTY204098100CE 8100 CE 252 225 2025
Sell 1 lot NIFTY204098100PE 8100 PE 245 211 2550
Profit (in ₹): 4575 INR  |   Max Profit (in ₹): 4725 INR  |   Max Loss (in ₹): 0 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 7603 - 8597