Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY21FEB35600CE |
35600 CE |
162 |
977 |
-20375 |
| Sell 1 lot |
BANKNIFTY21FEB35000PE |
35000 PE |
198 |
21 |
4425 |
|
Profit (in ₹): -15950 INR | Max Profit (in ₹): 425 INR | Max Loss (in ₹): -3200 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
34641 - 35959
Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY21FEB14850CE |
14850 CE |
42 |
168 |
-9450 |
| Sell 1 lot |
NIFTY21FEB14650PE |
14650 PE |
50 |
8 |
3150 |
|
Profit (in ₹): -6300 INR | Max Profit (in ₹): 675 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:
14558 - 14942
Short Strangle FINNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
FINNIFTY21FEB16700CE |
16700 CE |
42 |
395 |
-14160 |
| Sell 1 lot |
FINNIFTY21FEB16300PE |
16300 PE |
74 |
10 |
2560 |
|
Profit (in ₹): -11560 INR | Max Profit (in ₹): INR | Max Loss (in ₹): -680 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
16184 - 16816