Ratio Hedged Butterfly based on Open Interest in BANKNIFTY
(33800 - 35800)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
BANKNIFTY2180534700CE |
34700.00 CE |
248 |
330 |
2050 |
| Sell 3 lot |
BANKNIFTY2180535000CE |
35000.00 CE |
114 |
157 |
-3225 |
| Buy 2 lot |
BANKNIFTY2180535300CE |
35300.00 CE |
42 |
60 |
850 |
| Buy 1 lot |
BANKNIFTY2180534800PE |
34800.00 PE |
245 |
159 |
-2125 |
| Sell 3 lot |
BANKNIFTY2180534500PE |
34500.00 PE |
124 |
75 |
3675 |
| Buy 2 lot |
BANKNIFTY2180534200PE |
34200.00 PE |
59 |
34 |
-1250 |
|
Approx Margin Required: 115000 Profit (in ₹): -25 INR | Max Profit (in ₹): 450 INR | Max Loss (in ₹): -250 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
(15600 - 16200)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
NIFTY2180515800CE |
15800.00 CE |
138 |
226 |
4400 |
| Sell 3 lot |
NIFTY2180515900CE |
15900.00 CE |
70 |
142 |
-10800 |
| Buy 2 lot |
NIFTY2180516000CE |
16000.00 CE |
27 |
72 |
2250 |
| Buy 1 lot |
NIFTY2180515900PE |
15900.00 PE |
62 |
35 |
-1350 |
| Sell 3 lot |
NIFTY2180515800PE |
15800.00 PE |
31 |
20 |
1650 |
| Buy 2 lot |
NIFTY2180515700PE |
15700.00 PE |
15 |
12 |
-150 |
|
Approx Margin Required: 100000 Profit (in ₹): -4000 INR | Max Profit (in ₹): 300 INR | Max Loss (in ₹): -4200 INR |
Design Strategy
This is limited profit, limited loss strategy. Good for range bound market, Risky for Trending market.