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  09 July Expiry with 70% Probability of Winning

  • Traders can Short 10900 CE and 10200 PE

Below is the Range for NIFTY  09 July Expiry with 90% Probability of Winning

  • Traders can Short 11300 CE and 9800 PE

Below is the Range for Bank Nifty 09 July Expiry with 70% Probability of Winning

  • Traders can Short 23000 CE and 20900 PE

Below is the Range for Bank Nifty 09 July Expiry with 90% Probability of Winning

  • Traders can Short 24000 CE and 19900 PE

Be Strict with SL and maintain a proper Position size

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

  1. Following your posts, makes me to take confident trades. Thanks Sir. Could you suggest a book to start with for options trading

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