Explore strategies

A library of worked options strategies across NIFTY, BANK NIFTY and SENSEX. Open any one in the no-code builder to tweak it, or run it to see the result shape — every card shows honestly how much real data backs it.

Educational examples to learn the mechanics — not trade recommendations. Nothing here is a signal to copy, and a coverage badge is never a profitability claim. Past performance never guarantees future results.

Showing 12 of 12 strategies

Index
Strategy type
NIFTY 50Premium selling
Medium · 54%

NIFTY ATM Short Straddle

Sell the ATM call and put and let theta decay work if NIFTY stays range-bound.

What it teaches: How a delta-neutral premium-selling position behaves intraday — credit collected vs the cost of a trending day.

premium-sellingneutralthetaintraday

Jul–Sep 2024 · weekly expiries · Beginner

NIFTY 50Premium selling
Medium · 54%

NIFTY Short Strangle

Sell an OTM call and put for wider breakevens at the cost of a smaller credit.

What it teaches: The trade-off between credit size and breakeven width versus a straddle, and how OTM strikes change the risk shape.

premium-sellingneutraltheta

Jul–Sep 2024 · weekly expiries · Beginner

NIFTY 50Hedged
Medium · 54%

NIFTY Iron Condor

Sell an OTM strangle and buy further wings so the maximum loss is capped.

What it teaches: How buying protective wings converts an unlimited-risk strangle into a defined-risk position, and what that costs in credit.

hedgedneutraldefined-riskpremium-selling

Jul–Sep 2024 · weekly expiries · Intermediate

NIFTY 50Hedged
Medium · 54%

NIFTY Iron Fly

Sell an ATM straddle and buy wings — a higher-credit, narrower-range defined-risk play.

What it teaches: How an iron fly differs from an iron condor: bigger credit, tighter profit zone, and the same capped tails.

hedgedneutraldefined-risk

Jul–Sep 2024 · weekly expiries · Intermediate

NIFTY 50Directional
Medium · 54%

NIFTY Bull Call Spread

Buy a near call and sell a higher call for a defined-risk bullish exposure.

What it teaches: How a debit spread caps both cost and reward versus a naked long call, and how the short leg pays for part of the long.

directionalbullishdefined-riskdebit

Jul–Sep 2024 · weekly expiries · Beginner

NIFTY 50Directional
Medium · 54%

NIFTY Bear Put Spread

Buy a near put and sell a lower put for a defined-risk bearish exposure.

What it teaches: The mirror image of a bull call spread on the downside — how a debit put spread defines risk and reward.

directionalbearishdefined-riskdebit

Jul–Sep 2024 · weekly expiries · Beginner

NIFTY 50Volatility
Medium · 54%

NIFTY Long Straddle

Buy the ATM call and put to express a view that a large move is coming either way.

What it teaches: The cost of being long volatility intraday — how theta decay erodes a long straddle when the expected move does not arrive.

volatilitylong-optionsnon-directionaldebit

Jul–Sep 2024 · weekly expiries · Beginner

NIFTY 50Directional
Medium · 54%

NIFTY Long Call

Buy a single ATM call as the simplest directional, defined-cost bullish position.

What it teaches: The most basic options building block — premium paid is the maximum loss, and a stop-loss on premium limits it further.

directionalbullishlong-optionsbeginner

Jul–Sep 2024 · weekly expiries · Beginner

NIFTY 50Income
Medium · 65%

NIFTY Managed Short Straddle

An ATM short straddle with a stop-loss and target to show active intraday management.

What it teaches: How adding a strategy-level stop-loss and profit target changes the distribution of outcomes versus an unmanaged straddle.

premium-sellingneutralrisk-managedtheta

Q1 2025 · weekly expiries · Intermediate

BANK NIFTYPremium selling
Medium · 61%

BANK NIFTY Short Strangle

Sell an OTM call and put on a higher-volatility index with wider strike spacing.

What it teaches: How a more volatile index with ₹100 strike steps and a 35-lot size changes credit, breakevens and per-trade exposure.

premium-sellingneutralhigh-voltheta

H2 2024 · monthly expiries · Intermediate

BANK NIFTYDirectional
Medium · 61%

BANK NIFTY Bull Call Spread

A defined-risk bullish call spread on BANK NIFTY's wider strike grid.

What it teaches: How the same debit-spread structure scales onto a higher-priced, more volatile index.

directionalbullishdefined-riskdebit

H2 2024 · monthly expiries · Intermediate

SENSEXHedged
Medium · 56%

SENSEX Iron Condor

A defined-risk neutral condor on SENSEX, the index with the patchiest option history.

What it teaches: Why the coverage layer matters most on SENSEX — large gaps mean any backtest here is the most partial of the three indices.

hedgedneutraldefined-risklow-coverage

Q1 2025 · weekly expiries · Advanced