ZERODHA
UPSTOX
ALICEBLUE

Short Strangle BANKNIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot BANKNIFTY19N2131300CE 31300 CE 182 191 8000
Sell 1 lot BANKNIFTY19N2130700PE 30700 PE 203 181 8000
Profit (in ₹): 260 INR  |   Max Profit (in ₹): 280 INR  |   Max Loss (in ₹): -720 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 30316 - 31684

Short Strangle NIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot NIFTY19N2112050CE 12050 CE 29 30 10000
Sell 1 lot NIFTY19N2111850PE 11850 PE 42 40 10000
Profit (in ₹): 75 INR  |   Max Profit (in ₹): 300 INR  |   Max Loss (in ₹): -450 INR
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone: 11779 - 12121