Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY21JAN31500CE |
31500 CE |
373 |
149 |
5575 |
| Sell 1 lot |
BANKNIFTY21JAN31500PE |
31500 PE |
341 |
456 |
-2875 |
|
Profit (in ₹): 2725 INR | Max Profit (in ₹): 2775 INR | Max Loss (in ₹): -3875 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
30786 - 32214
Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY21JAN14450CE |
14450 CE |
123 |
26 |
7350 |
| Sell 1 lot |
NIFTY21JAN14450PE |
14450 PE |
117 |
216 |
-7425 |
|
Profit (in ₹): -150 INR | Max Profit (in ₹): 2100 INR | Max Loss (in ₹): -3975 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
14210 - 14690