Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20NOV29600CE |
29600 CE |
53 |
23 |
750 |
| Sell 1 lot |
BANKNIFTY20NOV29000PE |
29000 PE |
80 |
93 |
-325 |
|
Profit (in ₹): 425 INR | Max Profit (in ₹): 525 INR | Max Loss (in ₹): -1625 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
28867 - 29733
Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY20NOV13000CE |
13000 CE |
8 |
2 |
375 |
| Sell 1 lot |
NIFTY20NOV12800PE |
12800 PE |
19 |
23 |
-300 |
|
Profit (in ₹): 150 INR | Max Profit (in ₹): 225 INR | Max Loss (in ₹): -1500 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
12773 - 13027