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Short Straddle — Live Payoff & Greeks

Live Short Straddle options strategy on Nifty 50 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.

Nifty 50 · Live Spot

23,477.80

ATM Strike:23,500
Lot Size:25

Max Profit

₹111.34

₹2,784 / lot

Max Loss

Unlimited

₹26,592 / lot

Net Premium

₹111.34

₹2,784 / lot

Breakeven

23,389 / 23,611

Risk / Reward

1 : 9.55

Live Payoff Diagram

23,38923,611Spot 23,4782290-1,18122,32524,675

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

Strategy Legs

#TypeSideStrikePremiumQty
1CEsell23,50049.531
2PEsell23,50071.731

About This Strategy

This Short Straddle is built around the live ATM strike of Nifty 50. 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.