Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20SEP21600CE |
21600 CE |
170 |
81 |
2225 |
| Sell 1 lot |
BANKNIFTY20SEP21000PE |
21000 PE |
207 |
126 |
2025 |
|
Profit (in ₹): 4250 INR | Max Profit (in ₹): 4450 INR | Max Loss (in ₹): -775 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
20623 - 21977
Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY20SEP11300CE |
11300 CE |
53 |
22 |
2325 |
| Sell 1 lot |
NIFTY20SEP11100PE |
11100 PE |
59 |
38 |
1575 |
|
Profit (in ₹): 3900 INR | Max Profit (in ₹): 3975 INR | Max Loss (in ₹): -1950 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
10988 - 11412