This document provides a bullish expiry derivative strategy for the Nifty index. It recommends buying 75 Nifty futures contracts at Rs. 7582 and selling 75 call option contracts with a strike price of Rs. 7700 at a premium of Rs. 52. This covered call strategy has a maximum potential profit of Rs. 12750 and an approximate loss of Rs. 3825 if the index falls below 7479. The expiry date for this strategy is January 28, 2016.