Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20OCT25000CE |
25000 CE |
321 |
213 |
2700 |
| Sell 1 lot |
BANKNIFTY20OCT24400PE |
24400 PE |
306 |
350 |
-1100 |
|
Profit (in ₹): 1600 INR | Max Profit (in ₹): 1950 INR | Max Loss (in ₹): -625 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
23773 - 25627
Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY20OCT12050CE |
12050 CE |
69 |
49 |
1425 |
| Sell 1 lot |
NIFTY20OCT11850PE |
11850 PE |
69 |
65 |
300 |
|
Profit (in ₹): 1800 INR | Max Profit (in ₹): 1800 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:
11712 - 12188