Weekly Bank Nifty and Nifty Options Writing 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  12 Nov Expiry with 70% Probability of Winning

  • Traders can short 12500 CE and 11900 PE

Below is the Range for NIFTY 12 Nov Expiry with 90% Probability of Winning

  • Traders can short 12700 CE and 11700 PE

Below is the Range for Bank Nifty 12 Nov Expiry with 70% Probability of Winning

  • Traders can short 27000  CE and 25700 PE

Below is the Range for Bank Nifty 12 Nov Expiry with 90% Probability of Winning

  • Traders can short 27800 CE and 25000 PE

Be Strict with SL and maintain a proper Position size

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