Rangebound movement! Call+Put writing.

Nifty is in a small range and as anticipitated by me, we are more interested in call n put writing and taking the benefit of this rangebound movement,one can make good profit from options.
I dont see nifty heading above 5285-5300 which is its resistance currently,and neither its heading below 5000,therefore selling both the calls n puts of these ranges which were available yesterday at 75(put) and 20 (call), one could make good profit of Nifty remains in the 5000-5300 by the expiry date.Till now the value of both the options are comined 67, which was earlier 95,so a total profit of Rs28 per lot was coming just yesterday only. Maximum profit is obivously 95. Call n put writing is only possible when mkt/index/stock is expected to remain in a range,if the instrument breaks out from the range, then loss starts happening, so one has to closely watch the movement.
Take care!