Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY21FEB37200CE |
37200 CE |
244 |
0 |
6100 |
| Sell 1 lot |
BANKNIFTY21FEB37200PE |
37200 PE |
286 |
650 |
-9100 |
|
Profit (in ₹): -3000 INR | Max Profit (in ₹): 4500 INR | Max Loss (in ₹): -3975 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
36670 - 37730
Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY21FEB15150CE |
15150 CE |
50 |
0 |
3750 |
| Sell 1 lot |
NIFTY21FEB15150PE |
15150 PE |
44 |
52 |
-600 |
|
Profit (in ₹): 3150 INR | Max Profit (in ₹): 5100 INR | Max Loss (in ₹): -150 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
15056 - 15244
Short Straddle FINNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
FINNIFTY21FEB17200CE |
17200 CE |
119 |
0 |
4760 |
| Sell 1 lot |
FINNIFTY21FEB17200PE |
17200 PE |
120 |
282 |
-6480 |
|
Profit (in ₹): -1720 INR | Max Profit (in ₹): 3560 INR | Max Loss (in ₹): -1920 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
16961 - 17439