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Taking Advantage Of Time Decay

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Taking Advantage Of Time Decay
Hello Guys I am new Option Trader.
I want some reviews for this strategy.
Nifty Spot 6294
Sell Fut Feb 6394
Buy CE Jan 6400 107
Sell PE Jan 6300 100

Reply whether it is a good strategy.

If Nifty goes below 6200 Then Profit of 70+ points
If Nifty goes above 6400 Then Profit of 20 to 30 Points Due to Time Decay in Future.

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