Interesting breakout on Nifty , Lets play a strategy.
No naked put /call buy /sell.
Buy 10750 FEB call @ 244 1 lot,
Sell JAN 10750 @ 125 1 lot
(capital required 1 lakh,if you don't have,don't trade,no leveraging)
Safe players can take Feb 10700 call and sell Jan 10700 call
If Nifty keeps on moving up No profit / no loss, But if Nifty comes down to 10750 at expiry than we will get 125 jan premium and Feb premium will come down by 70-80 points , so net profit of 40-50 points.
Premium calculation is approx lot of other factors involved so its not exact.
So no risk , just keep the position till expiry.
Consult your financial adviser before trade , options is highly risk