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