Short Strangle in BLUENILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BLUENILE Option |
41500 CE |
283 |
40 |
6075 |
| Sell 1 lot |
BLUENILE Option |
40900 PE |
321 |
497 |
-4400 |
|
Approx Margin Required: 190000 Profit (in ₹): 1675 INR | Max Profit (in ₹): 7125 INR | Max Loss (in ₹): -18425 INR |
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
40296 - 42104
Short Strangle in NILE Options
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NILE Option |
17900 CE |
92 |
11 |
4050 |
| Sell 1 lot |
NILE Option |
17700 PE |
96 |
145 |
-2450 |
|
Approx Margin Required: 130000 Profit (in ₹): 1600 INR | Max Profit (in ₹): 5100 INR | Max Loss (in ₹): -6850 INR |
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
17512 - 18088