Recently I have started options selling also called as writing options. Selling options is always risky. Option selling works in rangebound market or when maket moves in the direction of our prediction. Recently I am selling banknifty weekly call and put options same time. Bank nifty weekly options will loss premiums fast so when there is no big movement any side then we will get profit from this strategy. This strategy gives good profit in range bound market. I have observed one thing even market moves in one direction options premiums will not increase as per our expectation but other option will loss its value more so this strategy works, but we have to exit when there is a clear trend .
