Ratio Hedged Butterfly based on Open Interest in BANKNIFTY
(31700 - 33700)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
BANKNIFTY2152032500CE |
32500.00 CE |
452 |
289 |
-4075 |
| Sell 3 lot |
BANKNIFTY2152033000CE |
33000.00 CE |
239 |
137 |
7650 |
| Buy 2 lot |
BANKNIFTY2152033500CE |
33500.00 CE |
110 |
59 |
-2550 |
| Buy 1 lot |
BANKNIFTY2152033300PE |
33300.00 PE |
977 |
1208 |
5800 |
| Sell 3 lot |
BANKNIFTY2152032500PE |
32500.00 PE |
489 |
617 |
-9675 |
| Buy 2 lot |
BANKNIFTY2152031800PE |
31800.00 PE |
227 |
275 |
2450 |
|
Profit (in ₹): -400 INR | Max Profit (in ₹): 1950 INR | Max Loss (in ₹): -2275 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 - 15000)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
NIFTY2152014650CE |
14650.00 CE |
144 |
151 |
525 |
| Sell 3 lot |
NIFTY2152014800CE |
14800.00 CE |
78 |
75 |
675 |
| Buy 2 lot |
NIFTY2152014950CE |
14950.00 CE |
35 |
30 |
-375 |
| Buy 1 lot |
NIFTY2152014950PE |
14950.00 PE |
325 |
283 |
-3150 |
| Sell 3 lot |
NIFTY2152014700PE |
14700.00 PE |
160 |
125 |
7875 |
| Buy 2 lot |
NIFTY2152014500PE |
14500.00 PE |
79 |
57 |
-1650 |
|
Profit (in ₹): 3900 INR | Max Profit (in ₹): 3900 INR | Max Loss (in ₹): -1650 INR |
Design Strategy
This is limited profit, limited loss strategy. Good for range bound market, Risky for Trending market.