Ratio Hedged Butterfly based on Open Interest in BANKNIFTY
(36300 - 38300)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
BANKNIFTY21FEB37700CE |
37700.00 CE |
80 |
0 |
-1975 |
| Sell 3 lot |
BANKNIFTY21FEB38000CE |
38000.00 CE |
37 |
0 |
2775 |
| Buy 2 lot |
BANKNIFTY21FEB38300CE |
38300.00 CE |
16 |
0 |
-800 |
| Buy 1 lot |
BANKNIFTY21FEB36800PE |
36800.00 PE |
122 |
251 |
3225 |
| Sell 3 lot |
BANKNIFTY21FEB36500PE |
36500.00 PE |
59 |
0 |
4425 |
| Buy 2 lot |
BANKNIFTY21FEB36200PE |
36200.00 PE |
29 |
0 |
-1450 |
|
Profit (in ₹): 6200 INR | Max Profit (in ₹): 6275 INR | Max Loss (in ₹): 0 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
(14800 - 15800)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
NIFTY21FEB15150CE |
15150.00 CE |
50 |
0 |
-3750 |
| Sell 3 lot |
NIFTY21FEB15200CE |
15200.00 CE |
28 |
0 |
6300 |
| Buy 2 lot |
NIFTY21FEB15250CE |
15250.00 CE |
13 |
0 |
-975 |
| Buy 1 lot |
NIFTY21FEB15050PE |
15050.00 PE |
15 |
0 |
-1125 |
| Sell 3 lot |
NIFTY21FEB15000PE |
15000.00 PE |
10 |
0 |
2250 |
| Buy 2 lot |
NIFTY21FEB14900PE |
14900.00 PE |
5 |
0 |
-375 |
|
Profit (in ₹): 2325 INR | Max Profit (in ₹): 3300 INR | Max Loss (in ₹): -225 INR |
Design Strategy
This is limited profit, limited loss strategy. Good for range bound market, Risky for Trending market.