NIFTY Option Strategies for November EXPIRY

• NIFTY
  

 
 

Write / Short 6100 call above    159

Write / Short 6100 put around     145

Write / Short 5900 put around     159

Total Point 460 - 465 

Lot Size 50 

Stop Loss

Upper side if cross 6500

Lower Side if goes below 5800

 
 

Return

In November Month Expiry I expect broad range of lower side 5800 to upper side 6500 level so try to eat all Time Value of this Call option & Put Option so profit around 10% to 15% (including brokerage) investment around 75K

GUYs Now it's Time to Modify the Strategies  Close Position 6100 Put which we short at 145  5900 PUT which we short at 75   Addition short 6400 CALL at 62  Short 6400 PUT at 151  So Equation  (HOLDING POSITION ) is 6100 call at 159 6400 call at 62 6400 put at 151 Total of all is 372 around Stop Loss Upper side if cross 6550 Lower Side if goes below 5950  Return EXPIRY anything below 6400 and above 6100 than we can get more 14K in Same Investment which we invest in this Strategies & if our stop Loss taken than also we get some PROFIT as we book Profit in BOTH above said PUT.  Any suggestion or Q is always welcome.................................................................. Remember:- I m trying this Modification for VERY First time I may be wrong in my Calculation so Trade according to your risk appetite because OPTION writing is Very Dangerous to Trade