I have received requests from many traders to teach them a strategy to trade the expiry day. I will discuss a very simple expiry day nifty option strategy that can safely fetch you 20 times to 50 times even times rertuns. Remember expiry day is a critical day to trade where actually market remains very noisy. Many traders lose money on expiry day. But there can be immense profit if you can trade expiry effectively.
In fact stock market is like a sword. You need to know how to handle it properly. Yes this strategy can make your 1 rupee to grow to OR even rupee in no time. This is the power of expiry day nifty option strategy. You need not to be a big technical analyst to trade Nifty on the expiry. Only knowledge you know is where actually Nifty is expiring. How to know Nifty expiry levels in 5 minutes? Just open this page on expiry day morning. Concentrate the first image.
Locate the point when last time red bar is longer than blue bar and the first time blue bar is longer than red bar. The red bars are put open interest and blue bars are call open interest. See the image below: Here is last when put open interest is greater than call open interest. So expiry will be above And is first when call open interest is greater than put open interest. So expiry will be below Now, keep CE and PE of same month expiry in your terminal. The real game starts after 1: If you get Nifty below simply buy a CE.
You will get it at rupees. Similarly in the expiry day nifty option strategy if you get Nifty above , you know Nifty will not expire above So simply buy a PE.
You will again get it within rupees. Because there will be no stop loss. Your maximum loss in this expiry day nifty option strategy will be limited to the premium you are paying for the option. You can also refine Nifty expiry levels using the 50 point open interest values like In that case you need to trade call OR put. Read this free ebook to learn How I made over Rs.
The types of indicators that got me all that profits. How to get my trades copied for you! Indrajit is a professional blogger and trading system developer. Amibroker expert, Wordpress expert, SEO expert and stock market analyst. Trading since , he has started the journey of StockManiacs.
He follows Indian and world stock markets closely. What is the accuracy of this strategy? What if the option is ITM at 1. Then we wont get it at a cheaper rate. Satish, Nifty Open Interest is the number 1 tool to analyze Nifty. In case you do not get a good entry price avoid trading as you will not trade just because the market is open, rather you will trade for profit. Thanks for the reply.
Wanted to test the strategy today. BN the range is changing from the morning i. So which range to trade for at 1. If there is a clear trend try to use a trend following strategy. From your comment, it seems that Bank Nifty trend is up as it is going up gradually. So try to buy close to a Bank Nifty open interest support.
Dont try to short sell. Many thanks for your openness in sharing this strategy. Just a doubt since this is a buying the option strategy how to overcome the STT disadvantage since for the Nifty 7 — 8 Rs would be going towards STT on expiry if the option is exercised. Always sell in the money ITM options before the expiry. You can leave out of the money OTM options. Kensington can you elaborate what is so misleading in it??
We are playing with the odds, low risk, and high return. Will wait for your feedback. Brokers Bets — Intraday Calls For Then we wont get it at a cheaper rate Loading Hi Indrajit, Many thanks for your openness in sharing this strategy. Dont even try it if you value your money Loading Leave a Reply Cancel reply.More...