No rocket science here..
Strike price is At-the-money strike.. preferably round figure so that there is good volume traded..
When close to expiry 1-2 days remaining, make sure it is slightly In-the-money i.e. if Banknifty Spot is trading at 44150 . and you are expecting upside, then choose 44,000 CE strike.
Strike price is At-the-money strike.. preferably round figure so that there is good volume traded..
When close to expiry 1-2 days remaining, make sure it is slightly In-the-money i.e. if Banknifty Spot is trading at 44150 . and you are expecting upside, then choose 44,000 CE strike.