Safe strangle for 11 Sept for begginers or conservative traders.
Sell 52200 Call at 12.5 and 48500 Put at 8.5-7
Total premium take home would be around 20 Rs.
Agressive players can sell 52000 and 49000 and so on
Please note this is a naked sell and any gap openings can completely throw this out of proportions, to hedge buy respective farther legs.