Discover and read the best of Twitter Threads about #expiryday

Most recents (3)

Upcoming webinars for you to master the art of Trading! sedg.in/qcez7pjr

💥Get a 20% discount on all using code WEB20💥

Keep Exploring the thread(🧵)...
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
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
Read 8 tweets
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… Image
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. Image
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
Read 3 tweets
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 Image
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. Image
Read 5 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!