ZERODHA
UPSTOX
ALICEBLUE

Short Strangle BANKNIFTY       

ActionContractOption Type@ 9:30CMPResult
Sell 1 lot BANKNIFTY2040917700CE 17700 CE 576 473 2060
Sell 1 lot BANKNIFTY2040917100PE 17100 PE 574 450 2480
Profit (in ₹): 4540 INR  |   Max Profit (in ₹): 23000 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: 15950 - 18850

Short Strangle NIFTY       

ActionContractOption Type@ 9:30CMPResult
Sell 1 lot NIFTY204098200CE 8200 CE 196 160 2625
Sell 1 lot NIFTY204098000PE 8000 PE 203 183 1500
Profit (in ₹): 4200 INR  |   Max Profit (in ₹): 4425 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: 7601 - 8599