Short Gut

Options Advanced NIFTY Options BANKNIFTY Options Stock Options

Neutral - Expecting Underlying to Stay Between Strikes

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Quick Reference

Strategy Type	Sell ITM Call + Sell ITM Put (Neutral Premium Collection)
Market Outlook	Neutral - Expecting Underlying to Stay Between Strikes
Risk Profile	Unlimited Risk on Both Sides
Reward Profile	Limited Profit (Time Value Collected)
Time Horizon	1-4 weeks
Capital Requirement	Very High (Significant Margin Required)
Margin Type	SPAN + Exposure (Both Sides Margined)
Best Used When	Expecting range-bound market with lower time value decay risk than Short Straddle

Expecting range-bound market with lower time value decay risk than Short Straddle

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