Short Strangle in BLUENILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BLUENILE Option |
39300 CE |
243 |
105 |
3450 |
| Sell 1 lot |
BLUENILE Option |
38700 PE |
241 |
454 |
-5325 |
|
Approx Margin Required: 190000 Profit (in ₹): -1875 INR | Max Profit (in ₹): 675 INR | Max Loss (in ₹): -3650 INR |
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
38216 - 39784
Short Strangle in NILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NILE Option |
17250 CE |
83 |
45 |
1850 |
| Sell 1 lot |
NILE Option |
17050 PE |
85 |
136 |
-2550 |
|
Approx Margin Required: 130000 Profit (in ₹): -650 INR | Max Profit (in ₹): 250 INR | Max Loss (in ₹): -2850 INR |
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
16883 - 17417