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Trading strategy stock option for Maximum profit on last week of Monthly Expiry

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Dear Trader & Investor   This trade is for Theta  benefit   Hope you all doing well I have shared so many investing & trading ideas in the stock market this is total risk-free for a safe trading strategy  like  you might be aware that stocks movement are very range-bound  Depends upon stock price so here we come to the point   What we need to do  we have select any nifty 50 stock and we need to sell stock option after  one week prior to Expiry   Example   if we assume  Axis  Bank CMP   is  500/- INR so we will    take a 100 /- INR gap so the perfect strike price will be   400 on the downside &  600/-INR  upside   so we will sell        400  strike price  ( PUT OPTION )  &  600  Strike price  ( CALL OPTION )  at the same time  but we need to be very Care full that w...