Bullish Iron Condor on Nifty (30th September 2025 expiry)Hello Traders!
Just like we shared the August Iron Condor setup, here comes the fresh plan for September expiry.
Nifty is trading around 24,840 and we are witnessing a defined range between 23,750 – 25,500.
Such ranges are perfect for premium eating strategies like the Iron Condor, where time decay works in our favour as long as the index stays inside the zone.
So here’s the September plan:
Position Details
Sell 2 lots 24,700 PE @ 140.30
Buy 2 lots 24,400 PE @ 71.60
Sell 2 lots 25,500 CE @ 53.95
Buy 2 lots 25,750 CE @ 22.95
We expect Nifty to consolidate between 23,750 – 25,500 as per our technical chart analysis .
200-DEMA is acting as dynamic support
Strong resistance capped near 25,500 – 26,270
Until a breakout happens on either side, premium sellers can stay in control
This Iron Condor gives us a balanced risk-reward setup and benefits from time decay while keeping risk well-defined.
Why I Like This Setup:
Limited loss , defined by hedge positions
High probability of success as long as Nifty remains in the range
Best suited for traders focusing on consistent income from option writing
Rahul’s Tip 👉 Discipline in trade management is always more important than the setup itself.
For income-based option strategies, always check for:
Key events and news (policy, RBI, FED, budgets, etc.)
Breakout signals beyond short strikes
Quick exit or adjustment if market moves out of range
Disclaimer This post is for educational purposes only . Please manage your risk and position sizing wisely.
Avoid large quantities at once – it’s always better to scale in gradually once the range confirms.
