*** Positional option selling strategy in Bank nifty ***
1. Entry 3.20 PM
2. Exit Next day 9.30 AM
Over night risk is defined and reward is too Good.
Capital Below 1L . Return 0.5 to 1% return in over night .
if your view went wrong also you can make good money by doing this.

Now Bank nifty closing spot price is 39300.
Your view is side ways to mild bullish for next day. So you can enter put butterfly at 3.20 PM
Buy - 39500 pe ITM
sell - 39100 pe just OTM
buy - 38800 pe OTM
R:R is 3 times
Case 1: As per your view market opened bullish you will be in profit.
Case 2: As per your view market opened side ways you will be in profit
Case 3: Market opened against your view till 1% gap down you will be in profit and loss also defined .
If market opened against to your direction by move 38800 pe to 38900 pe you can minimize loss on down side .
Your view is side ways to mild bearish for next day. So you can enter call butterfly at 3.20 PM
Buy - 39100 ce ITM
sell - 39300 ce ATM
buy - 39500 ce OTM
R:R is 4 times
Case 1: As per your view market opened bearish you will be in profit.
Case 2: As per your view market opened side ways you will be in profit
Case 3: Market opened against your view till 0.5% gap up you will be in profit and loss also defined .
If market opened against to your direction by move 39500 ce to 39400 ce you can minimize loss on up side .

Trading is probability game so choose high probability strategy so that you will in game for long run.
In this strategy choose strikes depends on your risk . If you have more capital if market open against your view next day loss is defined so no problem simply sell opposite side then you will be in good profit. Happy learning 😍😍✌️✌️
You can deploy with loss free also for over night call side and put side.😍😍

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This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.