Nifty Future And Nifty Options Hedge Strategies

LONG STRATEGY 

01.BUY NIFTY FUTURE+BUY PUT OPTION
02.BUY NIFTY FUTURE+SHORT CALL OPTION

SHORT STRATEGY 

01.SHORT NIFTY FUTURE+BUY CALL OPTION
02.SHORT NIFTY FUTURE+SHORT PUT OPTION

MOST OF TIME I WILL HEDGE SAME MONTH NIFTY FUTURE AND NEXT MONTH NIFTY OPTIONS(EXAMPLE OPTION PRICE IS AT 200, ONCE NIFTY MOVE 200 POINTS AND ABOVE I WILL ONLY EXIT NIFTY FUTURE, AND NIFTY OPTION I WILL KEEP PENDING BECAUSE THAT IS MY PROFIT. THERE IS MANY CHANCES MARKET TO GO REVERSE THEN I BOOK GOOD PROFIT)