Option Strategy 1

If you are feeling that market is in sideways and direction is not clear then iron condor
strategy is good to play in Nifty. Keep 5% distance from spot value on both side to
create iron condor.

If you are bullish on market 1. Buy ATM call. To reduce further losses from ATM call buy,
sell 2-3 strike away call. But profit will be limited. 2. Sell ATM call and buy 2-3 strike
away PUT for protection.

Same way do opposite for bearish view.

Option Strategy 2

Iron Condor. When? Range bound market. Say Nifty 11000 Sell 10500 put Sell 11500 call
Buy 10300 put Buy 11700 call Difference is your profit. When to initiate? In between 45-
60 days of expiry Exit point if nifty will touch 10400 or 11400. This is protected with
black swan event.

If market is in clear one side direction you can do only one. Say upside movement then
sell only put and buy put

Option Strategy 3
How to make consistent money. Keep your fund in FD or buy some debt fund. Yearly
return 6%-7%. Use collateral to trade intraday and on expiry day. Here sell only option
which are trading at 8-12 Rs on normal day with leverage. You will make weekly 0.2-
0.3% return

Take position bon Wednesday to get another 0.2% return per week. ( Here interest will
we only for 1 day to use collateral margin) Play expiry on Thursday with 10x leverage.
You will make atleast 1% by selling 2-4 Rs option with huge qty

Same you can repeat every week. Icount some drawback and your monthly return will
be 4% of your capital. Now show this consistency and do nothing for 1 year. You are