Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| 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
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| 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