Yes, But would you take a trade of 2 lakh on that? Making 10k to 20K is easy but 2L to 4L is not. The idea is not to find one trade to double the cap. The idea is to find trades to double 2L to 4L.
besides, on expiry day, its better to trade options than NF.... since eod... everything is going to boil down to the price on NS.
Like i short 4900 straddle for 48 points. i try to cover it with NF. thats 48 goof up points! It also means wider SL and more room for play.
If i manage to get it right, then the 48 points plus extra can be made easily.