Short Straddle BANKNIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
BANKNIFTY2130435200CE |
35200 CE |
592 |
570 |
550 |
| Sell 1 lot |
BANKNIFTY2130435200PE |
35200 PE |
609 |
425 |
4600 |
|
Profit (in ₹): 5150 INR | Max Profit (in ₹): 5150 INR | Max Loss (in ₹): -975 INR |
Design Strategy
Limited profit, unlimited loss strategy. Preferred usage on Tue / Wed / Thur. Profit Zone:
33999 - 36401
Short Straddle NIFTY
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Sell 1 lot |
NIFTY2130414700CE |
14700 CE |
169 |
195 |
-1950 |
| Sell 1 lot |
NIFTY2130414700PE |
14700 PE |
191 |
102 |
6675 |
|
Profit (in ₹): 4725 INR | Max Profit (in ₹): 5100 INR | Max Loss (in ₹): -825 INR |
Design Strategy
This is limited profit, unlimited loss strategy. Good for range bound market, Risky for Trending market. Profit Zone:
14340 - 15060