There cannot be a fixed trading strategy for options as the contract gets changed every month and it gets influenced by time factor, but there can be a fixed trading method for options. Search for the keyword āOptionā in tradingqna. Here is one of the link:
http://tradingqna.com/2690/how-can-i-analyze-a-stock-option-using-technical-analysis#a4639
There is no such fixed strategy for nifty
but you can learn most profitable and most suitable timing for each study
www.brothersequity.in
yes . . .there is such a strategy . . .but I canāt share it for less than 1 crore rupees.
I donāt think youāll get proper and good answer here. All are opportunist and provide their business links !!
How Iam making profits with NIFTY Options Call Put Intraday Trading? What is my Strategy? What You need?
1. Basic Understanding of Index options, Call Put etc.
2. Good PC and or Laptop with UPS (In case of power failure)
3. Broadband Internet/ 3G Net connection.
4. TV with CNBC Channel (For latest news)
5. Good Android smart phone with 3G Internet and required App's.
6. Good Discount brokerage Account which charges you less brokerages. (Iam Using Zerodha.com).
7. After having everything set, what do you want. Most Importantly you need some tips from somewhere. Generally small investors trade on news seen on TV. They just watch CNBC or some other channel and makes their own decision to trade. But I have seen that they generally make losses with this approach. Small Investors always think that there are people inside market who can give valuable tips about doing intraday trading. After researching in Internet about these tips, I found that these tips do not serves the purpose.
8. I have subscribed for famous intraday tips for Rs 10000 (Oh my god) for one month, He generally gives one tip in a day. I was trading with major brokerage with 3 in 1 account. After one month trading, what i can see is Rs 10000 for TIPS + Rs 22500 for Brokerage + Rs 2500 Loss = A total loss of Rs 35000.
9. Tips worked for only half time, so what you got is what you loose and some dynamic trading by me made 2500 loss.
10. I have paid Rs 22500 as brokerages (Can u believe this?).
11. Paid Rs 10000 for tips.
After that I have changed my plan stopped trading for a month and checked what went wrong with me? I got this
12. I came to know that in Intraday trading, brokerage commission will play an important role, it adds to the buying cost of a stock / future / option . If itās high then it would be difficult for the trader to make some good profit intraday. So I have Immediately shifted to zerodha. Zerodha he charges Rs 20 each order irrespective of size of order. And another advantage is you can save 90% on brokerages (Even 100%) with zerodha. 100% Saving on brokerages How? Zerodha presents the 60 day challenge which gives traders on equity (stocks and F&O), currency, and commodity exchanges an opportunity to put their trading skills to test. If you trade for 60 Days and stays in profits, your complete brokerage charged during this 60 days period will be refunded (What an offer).
13. And most importantly i have shifted to a wonderful Automatic buy sell signal software based on Amibroker AFL Formaula. Which generates buy and sell signals in live market and its very cheap. Rs 1000 only for Equity/F&O. So i have subscribed and started trading. You can see the Image below which shows the Automatic buy sell signa and its features (Comment here for more info on Automatic buy sell signal) (Please note that Automatic buy sell signal is not my site Iam just an user of that site).
14. Now my life has changed, I have made Rs 10500 Profit after paying brokerages of Rs 2500 only and Rs 1000 for Automatic buy sell signal.
15. Several times I have missed heavy profits because i have squared off early. Now I got confidence and making nice profits.
Thanks and Happy & Profitable trading.
I donāt think anyone would share such a thing! Anyways, Lets see!
@sdg Thanks for answering, but I was not expecting this answer/link. I wanted some detail profitable Index Option Trading Strategy.
But you are sure that we can find one? 
Thats enough 
lolā¦
I have developed two strategies one for Nifty and another for stocksā¦Both are capable for generating 2 to 9% profit monthly with minimal adjustmentā¦But these are not free strategiesā¦Minimum capital requirements is 160000/- to set up the strategiesā¦If interested you may contact me at [email protected]