Nifty Iron Condor – Range-Bound Strategy for May Expiry!

29 Nis

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)

1. Sell 25200 CE @ ₹124.25
   (Resistance-based upper strike)
   
   
2. Buy 25800 CE @ ₹38.60
   (Hedge to protect against breakout)
   
   
3. Sell 23400 PE @ ₹157.05
   (Support-based lower strike)
   
   
4. 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.

24 May

İşlem aktif

🟢 Nifty Iron Condor Update – May Expiry 🟢

This Iron Condor strategy for 29th May 2025 expiry has performed well so far!

• Current PNL: 5,783 (+4.61%)
  
  
• Max Profit: 11,348
  
  
• Max Loss: 33,652
  
  
• Probability of Profit: 80.8%
  

Nifty is currently trading around 24,845 – the strategy is still within the safe zone.

Drop in volatility helped improve the position.

Still holding – plan is to exit near max profit or if it breaches the breakeven range.

Stay tuned for more range-bound setups like this! 🔔

6 gün önce

İşlem kapandı: hedefe ulaştı

May Expiry Final Update – Iron Condor Strategy Worked Perfectly!

• Expiry Day Profit Locked: Today was the monthly expiry (29-May-2025) and Nifty closed well within our range — exactly as per plan.
  
  
• Final Profit Achieved: Strategy delivered 11348 profit (5.5% return) on margin used.
  
  
• No Adjustment Needed: Trade played out exactly as planned — no panic, no repair, just pure range-bound execution.

Breakeven Zone: 23249 – 25351

Nifty Close: ~24880 (well inside range)

Max Profit Realized

Conclusion:
Perfect example of how a well-planned Iron Condor can give stress-free expiry gains. Time decay worked beautifully and no wild breakout occurred — the zone held from start to finish.

June Iron Condor setup coming soon – Stay tuned!