Short Highest Open Interest Strangle BANKNIFTY
(34900 - 36900)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2130436000CE |
36000.00 CE |
110 |
0 |
2750 |
| Sell 1 lot |
BANKNIFTY2130435000PE |
35000.00 PE |
46 |
0 |
1150 |
|
Profit (in ₹): 3900 INR | Max Profit (in ₹): 3900 INR | Max Loss (in ₹): -4800 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
34844 - 36156
Short Highest Open Interest Strangle NIFTY
(14700 - 15700)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2130415500CE |
15500.00 CE |
1 |
0 |
75 |
| Sell 1 lot |
NIFTY2130415000PE |
15000.00 PE |
42 |
0 |
3150 |
|
Profit (in ₹): 3225 INR | Max Profit (in ₹): 3225 INR | Max Loss (in ₹): -2850 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
14957 - 15543