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  18 Feb Expiry with 70% Probability of Winning

  • Traders can short 15400 CE and 14900 PE

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

  • Traders can short 15600 CE and 14700 PE

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

  • Traders can short 37700 CE and 33800 PE

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

  • Traders can short 39000 CE and 32000 PE

Be Strict with SL and maintain a proper Position size

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