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  18 June Expiry with 70% Probability of Winning

  • Traders can Short 10000 CE and 9300 PE

Below is the Range for NIFTY 18 June Expiry with 90% Probability of Winning

  • Traders can Short 10300 CE and 9000 PE

Below is the Range for Bank Nifty 18 June Expiry with 70% Probability of Winning

  • Traders can Short 20700 CE and 18800 PE

Below is the Range for Bank Nifty 18 June Expiry with 90% Probability of Winning

  • Traders can Short 21600 CE and 17900 PE

Be Strict with SL and maintain a proper Position size

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