Ratio Hedged Butterfly based on Open Interest in BANKNIFTY
(29900 - 31900)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
BANKNIFTY2142230800CE |
30800.00 CE |
226 |
988 |
19050 |
| Sell 3 lot |
BANKNIFTY2142231000CE |
31000.00 CE |
127 |
784 |
-49275 |
| Buy 2 lot |
BANKNIFTY2142231300CE |
31300.00 CE |
46 |
483 |
21850 |
| Buy 1 lot |
BANKNIFTY2142230300PE |
30300.00 PE |
54 |
0 |
-1350 |
| Sell 3 lot |
BANKNIFTY2142230000PE |
30000.00 PE |
26 |
0 |
1875 |
| Buy 2 lot |
BANKNIFTY2142229700PE |
29700.00 PE |
12 |
0 |
-600 |
|
Profit (in ₹): -8450 INR | Max Profit (in ₹): 775 INR | Max Loss (in ₹): -8650 INR |
Design Strategy
This is limited profit, limited loss strategy. Good for range bound market, Risky for Trending market.
Ratio Hedged Butterfly based on Open Interest in NIFTY
(13700 - 14700)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
NIFTY2142214450CE |
14450.00 CE |
3 |
0 |
-225 |
| Sell 3 lot |
NIFTY2142214500CE |
14500.00 CE |
2 |
0 |
450 |
| Buy 2 lot |
NIFTY2142214700CE |
14700.00 CE |
1 |
0 |
-75 |
| Buy 1 lot |
NIFTY2142214100PE |
14100.00 PE |
25 |
0 |
-1875 |
| Sell 3 lot |
NIFTY2142214000PE |
14000.00 PE |
11 |
0 |
2475 |
| Buy 2 lot |
NIFTY2142213900PE |
13900.00 PE |
5 |
0 |
-375 |
|
Profit (in ₹): 375 INR | Max Profit (in ₹): 675 INR | Max Loss (in ₹): -225 INR |
Design Strategy
This is limited profit, limited loss strategy. Good for range bound market, Risky for Trending market.