Linkon
What you say seems credible at first sight. Is it right to expect such a wild move in the last three days of expiry? Here are the figures for 2009. I looked at how much did Nifty futures move from Expiry-three days close to Expiry. Almost from say Monday's close to Expiry. The figures are in % move irrespective of direction. Some are positive moves and some negative. I have taken the absolute moves which is what matters in the expiry week.
Jan 6.11
Feb 1.85
Mar 4.7
Apr 0.02
May 2.47
June 0.37
July 0.11
Aug 1.12
Sep 0.09
Oct 4.45
Nov 1.89
Dec 0.49
In 2010
Jan 2.49
Feb 0.35
Mar 0.84
As you can see 7 out of 15 times we had an almost 2%+ moves. Some data to help us trade the expiry week.
What you say seems credible at first sight. Is it right to expect such a wild move in the last three days of expiry? Here are the figures for 2009. I looked at how much did Nifty futures move from Expiry-three days close to Expiry. Almost from say Monday's close to Expiry. The figures are in % move irrespective of direction. Some are positive moves and some negative. I have taken the absolute moves which is what matters in the expiry week.
Jan 6.11
Feb 1.85
Mar 4.7
Apr 0.02
May 2.47
June 0.37
July 0.11
Aug 1.12
Sep 0.09
Oct 4.45
Nov 1.89
Dec 0.49
In 2010
Jan 2.49
Feb 0.35
Mar 0.84
As you can see 7 out of 15 times we had an almost 2%+ moves. Some data to help us trade the expiry week.
thanks for the info,...!