ZERODHA
UPSTOX
ALICEBLUE


Short Guts BANKNIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot BANKNIFTY2060420900CE 20900 CE 299 1
Sell 1 lot BANKNIFTY2060421200PE 21200 PE 277 823
Profit (in ₹): -4960 INR  |   Max Profit (in ₹): 3020 INR  |   Max Loss (in ₹): -5900 INR

  1. The Profit & Loss are evaluated only once per minute. The ups & downs in PNL during 1 minute is not considered in evaluation.
  2. Due to high volatility and price fluctuations, exit orders which are executed at market price may incur more losses than configured PNL.
  3. Dont mix manual trading & algo trading. If orders / positions created by algo are handled manually, the algo may perform in unexpected manner.
  4. If you wish to manually handle the trades, make sure you first logout from algo and then handle the trades manually.
  5. Dont double click on "Execute order" button. Else, it may result in multiple orders being executed in your account.


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Error Tab
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market.

Short Guts NIFTY       

ActionContractOption Type@ 9:30CMPMargin
Sell 1 lot NIFTY2060410050CE 10050 CE 62 0
Sell 1 lot NIFTY2060410150PE 10150 PE 83 121
Profit (in ₹): 1800 INR  |   Max Profit (in ₹): 1800 INR  |   Max Loss (in ₹): -5175 INR

This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market.