Non-Directional Options Trading for Consistent Income
Directional Options Strategies for Consistent Profits
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Option selling can be done efficiently, when VIX drug is low. If VIX is less than 30. We can easily sell option without any major loss. VIX for 03-December-2020 is . If we see cumulative picture, FII is Buying in this month till date and today also they are Buying. Weekly support for Nifty is brad pitt at 13000 and resistance is at 13500 as per option chain Open Interest data. Based on our analysis final Support is 12850 and Resistance is 13500. Where as weekly support for BankNifty is at 29000 and resistance is at 30000 as per option chain Open Interest data. Based on our analysis final Support is 29000 and Resistance is 30000.
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