For Option Traders in India
2023 has been a bit crazy year for Option Traders in India. Our team at Dhan was analysing option trading volumes on exchanges, we are sharing some interesting trends on trading volumes below
Options Trading on Thursday has changed after BankNifty moved to Wednesday
Except for Monthly Expiry on last week of every month, when both Nifty & BankNifty contracts expire on same day… trading volumes are at all time highs
BankNifty Rules on Wednesday
YES - Wednesday is the new Thursday . BankNifty commands max volumes for Wed, except on last week as monthly expiry is on Thursday. Small room for Nifty and others.
Monday - still a mixed bag, but Midcap Select has early traction
Tuesdays now belong to FinNifty!
Maintaining an consistent lead and its volumes are at stable and at all-time highs.
Friday has a new winner: BSE Sensex
For the first time last week, options trading volumes on BSE were higher than NSE. Trading on BSE is building traction!
Commodity Trading is growing…
MCX continues to build momentum and expiry trading for Crude Oil and Natural Gas is a thing now.
Options Trading is risky, and you may know that 9 out of 10 traders lose their capital. Trade in options very very cautiously, even if you see other traders ‘claiming’ to make money. Trading is skill, learn before you get started.