Directional option selling strategy inspired by Theta Gainer's approach:

Strategy Type:

Directional Weekly Option Selling – Bullish or Bearish bias based on price action or indicators.

Indicators Used:

Supertrend (e.g., 3.5, 7)
EMA 20

Bullish Setup:

Price trading above Supertrend and EMA 20.
Nifty showing higher highs.
Sell ATM or slightly OTM PE.
Example: If Nifty is bullish sell 1 lot of PE ATM and Hedge 1 lot of PE at OTM

Bearish Setup:

Price trading below Supertrend and EMA 20.
Market showing lower lows.
Sell ATM or slightly OTM CE.
Example: If Nifty is bearish sell 1 lot of CE ATM and Hedge 1 lot of CE at OTM

Stop Loss and Exit:

At Trend Reverse or Indicator reversed.

Disclaimer

NeuraTrader is not a SEBI-registered analyst . This strategy is shared strictly for educational purposes only. It is not a buy/sell recommendation. Please consult with your financial advisor before taking any trading or investment decisions.

Exchanges

NFO

Capital Required

₹ 75,000

Monthly Fee

Free + 10.00 %

Subscribers

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Devendran

Anand Swarup

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Vineet Chaudhary