Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2070923100CE |
23100 CE |
131 |
49 |
1640 |
| Sell 1 lot |
BANKNIFTY2070922500PE |
22500 PE |
176 |
165 |
220 |
|
Profit (in ₹): 1860 INR | Max Profit (in ₹): 2120 INR | Max Loss (in ₹): -140 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
22193 - 23407
Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2070910900CE |
10900 CE |
38 |
8 |
2250 |
| Sell 1 lot |
NIFTY2070910700PE |
10700 PE |
29 |
49 |
-1500 |
|
Profit (in ₹): 750 INR | Max Profit (in ₹): 1800 INR | Max Loss (in ₹): -375 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
10633 - 10967