Expiry week : Which options are you looking at ?

amitrandive

Well-Known Member
#15
Have generally observed that options become volatile on expiry around 3 pm,and a huge volatile move comes around in 10-15 mins around that time.
A few months back had taken Nifty puts for around 3 rs , in a matter of seconds they blasted off to 22 rs,exited around 19 rs.

By the way the above trade lasted for only 3 minutes and the price crashed again to end at 0.05 in the next 10 minutes.

Extremely dangerous ,please take such trades only if you have the risk appetite for it.
:thumb:

Check this trade in Nifty 8400 PE.The 3 pm candle,open is at 5.5 and had a high of 16.5.
I did not take this trade ,just for educational purpose.


5 min Chart of Nifty 8400 PE.
 
#16
yea bro i too noticed in charts when it was 7 ...
as today was profit i didn;t risk . i said atleast for today i am enjoy it don;t want to ruin it.

so skipped it :D
 

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