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Himanshu's HNI Short VegaIndicator

Himanshu AroraHimanshu Arora19 Oct 2026
Himanshu's HNI Short Vega Indicator on a price chart

What it does

HNI Short Vega is a signal tool. On a 5-minute chart of Nifty, FinNifty or MidcapNifty, it watches for a price move that a second, separate reading has also confirmed, and marks the one moment at which it makes sense to sell the option priced right at the current market level, on the opposite side of that move. It is trying to profit from a move that has already shown itself, by selling the side the market is moving away from.

Three signals

Sell Call · Sell Put · Exit. Plain instructions, nothing to interpret, and no personal judgement involved.

Three indices

Load it on anything else and it refuses to give signals and tells you so. That is deliberate — it has only been tested on these three.

Option Selling Indicator

Intraday option sellers with a futures & options-enabled account holding at least the minimum capital shown above.

Three panels

The live signal and the exact option to trade; your open position with running profit/loss in points and in rupees; and a summary of how the strategy has performed overall.

How traders use it

  • The indicator is designed for the 5-minute timeframe.​
  • The indicator is designed for Nifty 50, FinNifty and Midcap Nifty. It does not generate signals on unsupported symbols.​