NIFTY, the worst day and best day. Feb 3rd week

How crazy is this., Last Friday was the worst day since the last 10 months and today is the best day since the last 12 months. This volatile and continued type of movement kills non-directional option sellers. Looking at the chart, the global weakness, the market opened lower and kept moving down. We all know the 16850 level has been respected multiple times. Monday it b.k. and closed just below 16850. Today it opened with a gap up and took support at 17850, a 500 point sharp movement. Let's see if we nifty follow last week's pattern. major level to watch. If close above 17450, the next level to watch is 17600, and if we close below 17200, the next levels to watch are 17100 and 16850. If we close lower than 16850, we could see a larger down move. Also keep an eye on the triangle pattern in the NIFTY Daily time frame.

Coming to my option Selling Due to the global weakness, I waited to sell my option at 16850. After 11, it showed trend reversal once it crossed the day high. I entered at 16700PE sharp move, not confident about selling CE because of the high premium spike.
At 3.10PM, I entered in to 17850 at a good premium. Right now I have a 16700PE and a 17850CE. My current positions are green. My plan is to hold on to my CE and roll up my PE if the nifty stays above 17400, and if the nifty stays below 17400, I will roll up my CE. If that happens, let's see how it performs this week and after the trending days, expect a consolidation. If that happens, we can hope to end this week on a high.