ZERODHA
UPSTOX
ALICEBLUE

Short Straddle BANKNIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot BANKNIFTY2012331600CE 31600 CE 292 295
Sell 1 lot BANKNIFTY2012331600PE 31600 PE 276 229
Profit (in ₹): 880 INR  |   Max Profit (in ₹): 900 INR  |   Max Loss (in ₹): -80 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 31032 - 32168

Short Straddle NIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot NIFTY2012312350CE 12350 CE 62 65
Sell 1 lot NIFTY2012312350PE 12350 PE 73 59
Profit (in ₹): 825 INR  |   Max Profit (in ₹): 900 INR  |   Max Loss (in ₹): -300 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 12215 - 12485