Weekly Bank Nifty and Nifty Option Selling Strategy

The Below Strategy will be Helpful for Option Writers, We are using Historical Volatility of Index to predict the probable range of market in next 5 trading sessions.

We get this Range of Expiry day close and take position next day at Open.

We have 2 methodology where we have 70% Probability of Winning and 90% Probability of Winning.

As the Portability of Winning increase the returns also come down.

Always Keep SL 50% of premium you got. Suppose you get 50 point premium in Shorting both Call and Put So SL for this Trade should be Kept at 75 Points.

Below is the Range for NIFTY  25 June Expiry with 70% Probability of Winning

  • Traders can Short 10400 CE and 9700 PE

Below is the Range for NIFTY 25 June Expiry with 90% Probability of Winning

  • Traders can Short 10800 CE and 9400 PE

Below is the Range for Bank Nifty 25 June Expiry with 70% Probability of Winning

  • Traders can Short 22000 CE and 20000 PE

Below is the Range for Bank Nifty 25 June Expiry with 90% Probability of Winning

  • Traders can Short 23000 CE and 19000 PE

Be Strict with SL and maintain a proper Position size

3 thoughts on “Weekly Bank Nifty and Nifty Option Selling Strategy”

  1. Hello sir,

    “We get this Range on Expiry day close and take position next day at Open.” –> For this post when should we start the position (is it Jun 22nd ?). Assuming your post is on Jun 19th.

  2. Have you used Thursday closing price?

    Normally, the percentage difference between Friday closing price and Options we sell on both sides should be the same.

    Please review.

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