Short Strangle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2080621700CE |
21700 CE |
215 |
140 |
1875 |
| Sell 1 lot |
BANKNIFTY2080621100PE |
21100 PE |
245 |
296 |
-1275 |
|
Profit (in ₹): 600 INR | Max Profit (in ₹): 725 INR | Max Loss (in ₹): -300 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
20641 - 22159
Short Strangle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2080611100CE |
11100 CE |
57 |
32 |
1875 |
| Sell 1 lot |
NIFTY2080610900PE |
10900 PE |
64 |
85 |
-1575 |
|
Profit (in ₹): 300 INR | Max Profit (in ₹): 450 INR | Max Loss (in ₹): -825 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
10779 - 11221