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Short Straddle — Live Payoff & Greeks

Live Short Straddle options strategy on Bank Nifty with real-time payoff diagram, breakevens, risk-reward and leg details.

Short Straddle

NeutralNet CreditRisk: UnlimitedReward: Limited (total premium received)

Sell ATM Call + ATM Put. Profit from low volatility / range-bound market.

Bank Nifty · Live Spot

57,945.00

ATM Strike:57,900
Lot Size:15

Max Profit

₹134.30

₹2,015 / lot

Max Loss

Unlimited

₹41,411 / lot

Net Premium

₹134.30

₹2,015 / lot

Breakeven

57,766 / 58,034

Risk / Reward

1 : 20.56

Live Payoff Diagram

57,76658,034Spot 57,9454240-3,05055,00560,795

Chart uses live option chain premiums. Vertical indigo line = current spot; dashed amber lines = breakeven points.

Strategy Legs

#TypeSideStrikePremiumQty
1CEsell57,90094.611
2PEsell57,90049.611

About This Strategy

This Short Straddle is built around the live ATM strike of Bank Nifty. Premiums reflect current NSE option chain LTPs. Use this as an educational tool to understand the structure and risk profile before placing real trades.

Disclaimer: Educational use only. Options carry significant risk — always validate with your broker, factor in slippage and brokerage, and use proper position sizing.