Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2112132800CE |
32800 CE |
265 |
200 |
1625 |
| Sell 1 lot |
BANKNIFTY2112132200PE |
32200 PE |
290 |
385 |
-2375 |
|
Profit (in ₹): -750 INR | Max Profit (in ₹): 300 INR | Max Loss (in ₹): -3600 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
31645 - 33355
Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2112114650CE |
14650 CE |
92 |
58 |
2550 |
| Sell 1 lot |
NIFTY2112114450PE |
14450 PE |
95 |
141 |
-3450 |
|
Profit (in ₹): -900 INR | Max Profit (in ₹): 600 INR | Max Loss (in ₹): -4950 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
14263 - 14837