Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY20SEP22700CE |
22700 CE |
230 |
125 |
2625 |
| Sell 1 lot |
BANKNIFTY20SEP22100PE |
22100 PE |
219 |
320 |
-2525 |
|
Profit (in ₹): 100 INR | Max Profit (in ₹): 475 INR | Max Loss (in ₹): -6075 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
21651 - 23149
Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY20SEP11650CE |
11650 CE |
56 |
36 |
1575 |
| Sell 1 lot |
NIFTY20SEP11450PE |
11450 PE |
62 |
66 |
-300 |
|
Profit (in ₹): 1200 INR | Max Profit (in ₹): 1275 INR | Max Loss (in ₹): -1650 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
11331 - 11769