Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20O2224200CE |
24200 CE |
352 |
372 |
-500 |
| Sell 1 lot |
BANKNIFTY20O2224200PE |
24200 PE |
322 |
257 |
1625 |
|
Profit (in ₹): 1125 INR | Max Profit (in ₹): 1500 INR | Max Loss (in ₹): -425 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
23526 - 24874
Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY20O2211900CE |
11900 CE |
86 |
80 |
525 |
| Sell 1 lot |
NIFTY20O2211900PE |
11900 PE |
80 |
81 |
-75 |
|
Profit (in ₹): 375 INR | Max Profit (in ₹): 825 INR | Max Loss (in ₹): -225 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
11734 - 12066