Ratio Hedged Butterfly based on Open Interest in BANKNIFTY
(33100 - 35100)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
BANKNIFTY22MAY33300CE |
33300.00 CE |
830 |
1136 |
7650 |
| Sell 3 lot |
BANKNIFTY22MAY34000CE |
34000.00 CE |
397 |
632 |
-17550 |
| Buy 2 lot |
BANKNIFTY22MAY34500CE |
34500.00 CE |
193 |
346 |
7650 |
| Buy 1 lot |
BANKNIFTY22MAY34700PE |
34700.00 PE |
928 |
700 |
-5700 |
| Sell 3 lot |
BANKNIFTY22MAY34000PE |
34000.00 PE |
485 |
318 |
12525 |
| Buy 2 lot |
BANKNIFTY22MAY33300PE |
33300.00 PE |
217 |
140 |
-3850 |
|
Approx Margin Required: 115000 Profit (in ₹): 725 INR | Max Profit (in ₹): 1000 INR | Max Loss (in ₹): -575 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
(15800 - 16400)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
NIFTY22MAY15650CE |
15650.00 CE |
507 |
650 |
7200 |
| Sell 3 lot |
NIFTY22MAY16000CE |
16000.00 CE |
254 |
360 |
-15900 |
| Buy 2 lot |
NIFTY22MAY16250CE |
16250.00 CE |
123 |
192 |
6900 |
| Buy 1 lot |
NIFTY22MAY16300PE |
16300.00 PE |
295 |
193 |
-5100 |
| Sell 3 lot |
NIFTY22MAY16000PE |
16000.00 PE |
146 |
85 |
9150 |
| Buy 2 lot |
NIFTY22MAY15700PE |
15700.00 PE |
65 |
38 |
-2700 |
|
Approx Margin Required: 100000 Profit (in ₹): -450 INR | Max Profit (in ₹): 1300 INR | Max Loss (in ₹): -1400 INR |
Design Strategy
This is limited profit, limited loss strategy. Good for range bound market, Risky for Trending market.