Ratio Hedged Butterfly based on Open Interest in BANKNIFTY
(34400 - 36400)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
BANKNIFTY21FEB35700CE |
35700.00 CE |
130 |
900 |
19250 |
| Sell 3 lot |
BANKNIFTY21FEB36000CE |
36000.00 CE |
66 |
631 |
-42375 |
| Buy 2 lot |
BANKNIFTY21FEB36400CE |
36400.00 CE |
29 |
360 |
16550 |
| Buy 1 lot |
BANKNIFTY21FEB35400PE |
35400.00 PE |
376 |
35 |
-8525 |
| Sell 3 lot |
BANKNIFTY21FEB35000PE |
35000.00 PE |
198 |
21 |
13275 |
| Buy 2 lot |
BANKNIFTY21FEB34600PE |
34600.00 PE |
95 |
16 |
-3950 |
|
Profit (in ₹): -5775 INR | Max Profit (in ₹): 525 INR | Max Loss (in ₹): -950 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
(14400 - 15400)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
NIFTY21FEB14950CE |
14950.00 CE |
17 |
95 |
5850 |
| Sell 3 lot |
NIFTY21FEB15000CE |
15000.00 CE |
11 |
64 |
-11925 |
| Buy 2 lot |
NIFTY21FEB15100CE |
15100.00 CE |
5 |
28 |
1725 |
| Buy 1 lot |
NIFTY21FEB14850PE |
14850.00 PE |
141 |
18 |
-9225 |
| Sell 3 lot |
NIFTY21FEB14700PE |
14700.00 PE |
66 |
8 |
13050 |
| Buy 2 lot |
NIFTY21FEB14550PE |
14550.00 PE |
28 |
5 |
-1725 |
|
Profit (in ₹): -2250 INR | Max Profit (in ₹): 1575 INR | Max Loss (in ₹): 0 INR |
Design Strategy
This is limited profit, limited loss strategy. Good for range bound market, Risky for Trending market.