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MMOC Day 6 - Straddle & Strangle

The document outlines the concepts of Straddle and Strangle options strategies, detailing their definitions, types (long and short), and when to use them. It includes payoff charts and scenarios for both strategies in intraday trading for Nifty and Bank Nifty. The document also discusses strategy Greeks and results associated with these options strategies.

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kaushikchakravarty03
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59 views36 pages

MMOC Day 6 - Straddle & Strangle

The document outlines the concepts of Straddle and Strangle options strategies, detailing their definitions, types (long and short), and when to use them. It includes payoff charts and scenarios for both strategies in intraday trading for Nifty and Bank Nifty. The document also discusses strategy Greeks and results associated with these options strategies.

Uploaded by

kaushikchakravarty03
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

STRADDLE &

STRANGLE
STRADDLE & STRANGLE

Long Straddle Long Strangle

Short Straddle Short Strangle

2
Straddle & Strangle

STRADDLE STRANGLE

Two legged Two legged

Buying/Selling Call & Put of same Buying/Selling Call & Put of


Strike Different Strike
Long Straddle – Buying CE & PE Long Strangle – Buying CE & PE
of same strike (ATM) of different strike (OTM)
Short Straddle – Selling CE & PE Short Strangle – Selling CE & PE
of same strike (ATM) of different strike (OTM)

3
Breakout Strategies
When to use Long Straddle/Strangle

19400

19200

Target - 18900

5
Long Straddle
Long Straddle Pay Off Chart

18900

19700
7
Long Strangle
Long Strangle Pay Off Chart

18900 9
Range Bound
Strategies
When to use Short Straddle/Strangle

Intraday
Short Straddle
Resistance Consolidation after big rally:
1h, 15 mins

19350

19250

19150

Support

11
Short Straddle
Short Straddle Pay Off Chart

13
Short Strangle
Short Strangle Pay Off Chart

15
Intraday
Short Straddle
Nifty/Bank Nifty
Bank Nifty Scenario

Resistance

44900

43900

Support

17
Short Straddle Pay Off Chart

44100 44900

18
Strategy Greeks

19
Strategy Result

20
Intraday
Short Strangle
Nifty/Bank Nifty
Nifty Scenario

Resistance

19230

18940

Support

22
Short Strangle Pay Off Chart

18850 19250

23
Strategy Greeks

24
Strategy Result

25
Intraday
Long Straddle
Nifty/Bank Nifty
Nifty Scenario

19450

Target: 19350

27
Long Straddle Pay Off Chart

18850 19250

28
Strategy Greeks

29
Strategy Result

30
Intraday
Long Strangle
Nifty/Bank Nifty
Nifty Scenario

19450

Target: 19350

32
Long Strangle Pay Off Chart

33
Strategy Greeks

34
Strategy Result

35
Thank You

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