Discover and read the best of Twitter Threads about #Expiryday
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A Masterclass on Crude Oil by Souradeep Dey (@Trader_souradep): sedg.in/mh6bfqgc
✅Proiftable, proven #CrudeOil strategies
✅Trade Inventory data released by EIA & API
✅Supply & Demand Dynamics of Crude Oil
✅In-depth #TechnicalAnalysis
✅Proiftable, proven #CrudeOil strategies
✅Trade Inventory data released by EIA & API
✅Supply & Demand Dynamics of Crude Oil
✅In-depth #TechnicalAnalysis
Options Strategies for Bearish & Bullish Markets by Deepak Kumar: sedg.in/5z1n6pl2
✅Basics of #Options in Hindi
✅Trading Options based on the Market
✅Selection of the right strategy of #optionstrading based on your approach
✅Basics of #Options in Hindi
✅Trading Options based on the Market
✅Selection of the right strategy of #optionstrading based on your approach
We have analysed the historical data to find out how #BankNifty moved on expiry days. Most of the time Bank Nifty ended the #expiryday with flat movement, there are very few days where bank Nifty closed more than 1% from its open price. squareoff.in/single-post/Ba…
The average intraday % returns on expiry days is just 0.03%, which means on expiry days, the markets are closing near the open price itself, which means that all options strikes that are above/below 0.5% or 1% from spot price expire worthless.
There were only 19 days out of 107 expiry days, where bank nifty ended up with more 1% movement, which is just 17% of the time. Instead of buying OTM options on expiry days, #optionselling is more profitable provided if you are able to control your risk during the wild movements
Many times we would have noticed violent move in #BankNifty post 2pm, specifically on #Expiryday. What if we trade based on this breakout. Rules are
1. check day high and low at 2pm,
2. After 2pm, if day high is crossed - Buy,If day low is crossed Short,
3. Keep 100 points SL
1. check day high and low at 2pm,
2. After 2pm, if day high is crossed - Buy,If day low is crossed Short,
3. Keep 100 points SL
If we traded his #TradingStrategy every day, it has returned more than 7600 points since the inception of #BankNifty weekly expiry, i.e from 2016 June to till date. with max drawdown of -900 points.
If you dig deep, you can observe that Long trades has returned more returns than Short trades, that too on #expirydays, short trades has given negative returns.
