Full-time traders of Stock-markets are a funny mix (I am also one of them). We look for opportunities to meet other traders and exchange trading ideas. One such event gets organized every year wherein members take the opportunity to interact with each
one such example of the system i often come across - even 2 days back someone said me sir gave me call at 80 i sold at 90 nd price went to 500 Lets first see what the system was:
(shared by an expert )
Say Nifty Spot is at 10900
In between 2.30pm and 3.30pm(on Expiry Day) keep under watch nearest ITM CE and PE . So we consider 10850CE and 10950PE.
(m talking abt only expiry day - not 20th sept type day)
Now for the last few expiries, these free-loaders and tip-seeking bhakts are waiting with bated breath for such an opportunity which has never arrived.🤣🤣🤣🤣🤣
It used to happen because all the ITM options were needed to be squared off till 29.8.2019 Expiry as anyone found holding them had to pay a penal rate of STT.
For the same reason---- now there are no penal rates on holding ITM options, so nobody would bother to square them off. And as there would be no hurry to square off, this kind of "arbitrage" opportunity wd not arise.