Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2070922300CE |
22300 CE |
365 |
238 |
2540 |
| Sell 1 lot |
BANKNIFTY2070921700PE |
21700 PE |
325 |
343 |
-360 |
|
Profit (in ₹): 2180 INR | Max Profit (in ₹): 2260 INR | Max Loss (in ₹): -160 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
21009 - 22991
Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2070910700CE |
10700 CE |
76 |
59 |
1200 |
| Sell 1 lot |
NIFTY2070910500PE |
10500 PE |
92 |
81 |
825 |
|
Profit (in ₹): 2100 INR | Max Profit (in ₹): 2100 INR | Max Loss (in ₹): -150 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
10333 - 10867