BankNifty No Loss Hedging

Hi Friends,

I have not tested this strategy before. I found it somewhere. Now want to know your view over this. Please share your thoughts either it will work or not.

Banknifty weekly option loss their points more fast because of time decay. So, this is based on that.

I am sharing here two strategy. Let me know which will work best?
Banknifty is at 10AM: 19516

Strategy 1:
Sell Current week 19500 CE (2nd FEB 19500 CE)
Buy Current Month 19500 CE (FEB 19500 CE)

Exit when in 20-30+ points profit

Strategy 2:
Sell Current Month 19500 CE (FEB 19500 CE)
Buy Current Week 19500 CE (2nd FEB 19500 CE)

I have confusion which strategy to choose.

BankNifty No Loss Hedging