Ratio Hedged Butterfly based on Open Interest in BANKNIFTY
(34900 - 36900)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
BANKNIFTY2130435700CE |
35700.00 CE |
234 |
103 |
-3275 |
| Sell 3 lot |
BANKNIFTY2130436000CE |
36000.00 CE |
110 |
0 |
8250 |
| Buy 2 lot |
BANKNIFTY2130436300CE |
36300.00 CE |
45 |
0 |
-2250 |
| Buy 1 lot |
BANKNIFTY2130435300PE |
35300.00 PE |
88 |
0 |
-2200 |
| Sell 3 lot |
BANKNIFTY2130435000PE |
35000.00 PE |
46 |
0 |
3450 |
| Buy 2 lot |
BANKNIFTY2130434600PE |
34600.00 PE |
20 |
0 |
-1000 |
|
Profit (in ₹): 2975 INR | Max Profit (in ₹): 4500 INR | Max Loss (in ₹): -2800 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
(14700 - 15700)
| Action | Contract | Option Type | @ 9:30 | CMP | Result |
|---|
| Buy 1 lot |
NIFTY2130415350CE |
15350.00 CE |
2 |
0 |
-150 |
| Sell 3 lot |
NIFTY2130415500CE |
15500.00 CE |
1 |
0 |
225 |
| Buy 2 lot |
NIFTY2130415850CE |
15850.00 CE |
0 |
0 |
-0 |
| Buy 1 lot |
NIFTY2130415100PE |
15100.00 PE |
82 |
19 |
-4650 |
| Sell 3 lot |
NIFTY2130415000PE |
15000.00 PE |
42 |
0 |
9450 |
| Buy 2 lot |
NIFTY2130414850PE |
14850.00 PE |
16 |
0 |
-1200 |
|
Profit (in ₹): 3675 INR | Max Profit (in ₹): 3900 INR | Max Loss (in ₹): -2850 INR |
Design Strategy
This is limited profit, limited loss strategy. Good for range bound market, Risky for Trending market.