Head and Right Shoulder–Weekly Strategy for Nifty 08 May Expiry!Hello everyone, This week’s expiry strategy is not just any setup – it’s a premium structure crafted to take advantage of market exhaustion near resistance. We’re calling it the Head and Right Shoulder Strategy, and the payoff shape says it all!
Why This Strategy? (Based on Chart Analysis)
Resistance Zone: 24400–24785 (supply-heavy region, multiple rejection wicks visible)
Support Zone: 23800 (major bounce levels, strong candle reactions)
RSI Divergence Confirmation: Bearish divergence spotted on higher time frame, hinting exhaustion
Strategy: Head & Right Shoulder – 08 May 2025 Weekly Expiry
Sell 2x 08MAY2025 24500CE @ 138
Sell 2x 08MAY2025 23850PE @ 115.65
Buy 1x 08MAY2025 24250PE @ 220.25
Buy 1x 08MAY2025 24250CE @ 269
Payoff Graph for Nifty weekly strategy
Strategy Highlights:
(Head and right shoulder pattern on payoff chart – limited loss, defined range!)
Why This Works (Key Logic + Technical View):
Bearish RSI Divergence: Visible on 2-hour chart
Minor resistance at 24400 acting as rejection zone
Resistance-heavy zone above 24750 – price unlikely to sustain above this weekly
Support near 23800 – strong bounce area
Volatility dropping – makes premium writing favorable
Risk Management:
Don’t hold if either side breaks with strong volume
Exit if Nifty sustains above 24800+ or below 23650
Always keep SL alert or reversal signs on breakout
Rahul’s Tip
“Options trading is not only about payoff views, it’s about understanding structure.
This setup looks like a Head and Right Shoulder on the payoff – and we’re trading it like one.”
Conclusion:
This Head and Right Shoulder structure fits perfectly for the current week. With clean resistance levels and visible exhaustion patterns, the payoff structure gives both direction and edge.
What do you think about this setup? Have you ever deployed Head & Shoulder shaped option strategies? Let me know in comments below!
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Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
Premiumdecay
Nifty Iron Condor – Range-Bound Strategy for May Expiry!Hello Traders!
This post is for those who want to generate passive monthly income by leveraging the power of non-directional option selling . Based on current Nifty structure and OI data, I have spotted a range-bound opportunity — perfect for executing a safe, hedged Iron Condor Strategy .
Why This Strategy Now? (Based on Chart Analysis)
Resistance Zone: 25000–25200 (Heavy supply, multiple rejections visible)
Support Zone: 23400–23250 (Major bounce levels, strong OI support)
Nifty is currently trading near 24325, well inside this range — perfect for deploying a neutral premium-eating setup.
Strategy Setup (Iron Condor – 29 May 2025 Monthly Expiry)
Sell 25200 CE @ ₹124.25
(Resistance-based upper strike)
Buy 25800 CE @ ₹38.60
(Hedge to protect against breakout)
Sell 23400 PE @ ₹157.05
(Support-based lower strike)
Buy 22800 PE @ ₹91.40
(Hedge to protect against breakdown)
Strategy Highlights
Why This Works? (OI Logic + Technical View)
Strong resistance visible at 25000–25200 zone with increasing call OI
Solid put writing seen at 23400 & 23500 strike — confirming downside support
Volatility is stable, time decay is in our favor — making this ideal for Iron Condor sellers.
Risk Management & Exit Plan
Exit early if either side breaks with volume
Don’t hold till expiry — aim to exit around 70–80% of max profit
Always keep SL alert at breakeven range breakouts
Rahul’s Tip
“Option writing is not for thrill, it’s for discipline. Iron Condor is a weapon when range is visible — use it like a sniper, not a gambler.”
Conclusion
If you believe Nifty is likely to stay between 23400–25200 for the next few weeks, this Iron Condor setup offers great risk-managed income potential. Use proper lot sizing and risk control — and let theta do the work for you!
Have you ever deployed an Iron Condor on Nifty? What was your experience? Drop your thoughts in the comments!
If you found this post valuable, don't forget to LIKE and FOLLOW !
I regularly share high-quality trading setups based on real analysis, OI data, and smart risk management strategies.
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
The Expiry Day “Premium Decay Trap” – This Setup Can Save You!Hello Traders!
Thursday comes, volatility spikes, and suddenly your option premium starts vanishing. Sound familiar? That’s the Expiry Day Premium Decay Trap — a classic scenario where most option buyers get trapped, and smart option sellers quietly eat the premium. Today, I’ll share a simple setup to avoid this trap and trade expiry days smartly .
Why Expiry Days Are Dangerous for Buyers
Rapid Theta Decay: Time value melts fast, especially in the second half of the day.
False Breakouts Trap Buyers: Market shows breakout moves, only to reverse within minutes.
Low VIX + High OI = STUCK OPTIONS: When volatility is low and OI is high, premiums don’t expand even with movement.
The Safe Setup to Trade Expiry Days
Step 1 – Wait for First 15-30 Min Candle to Form
→ Don’t rush in. Let price discovery settle.
Step 2 – Mark High/Low & CPR Levels
→ Use those as breakout zones. Avoid trading inside a narrow range.
Step 3 – Confirm with Option Chain
→ Entry only if there’s OI unwinding on one side and buildup on the other .
Step 4 – Trade Near ATM Options (Avoid Deep OTM)
→ Only buy when there's a confirmed breakout with volume.
Step 5 – Quick Entry, Quick Exit
→ No holding dreams. Exit at 30–40% move or when structure breaks.
Pro Tip for Sellers
Short Straddles/Strangles Work Best After 11:30 AM
→ Let direction settle, then start writing premiums once movement fades.
Always Use SL or Hedge Legs
→ One big move can wipe out entire profits — expiry day is not a gamble!
Rahul’s Tip
Don’t chase expiry moves. Let the market give you the setup — not your emotions. Entry after confirmation saves capital and confidence.
Conclusion
Expiry days are premium-eating monsters for careless buyers . But if you follow structure, watch OI, and stay quick on execution — you can still trade profitably and safely.
What’s your expiry day setup? Drop it in the comments and let’s grow together!