Secret of success in nifty options trading lies on its strike price that a trader chooses. A strike price in nifty option has much to do with number of days left for expiry. If expiry is near then you select in the money nifty option, if expiry is far away then you may choose out of money nifty option. Here is how I choose the strike price depending on time left for expiry:
1. When expiry is 15 sessions away you choose options which are out of money, example: If nifty future is trading at 5600, then you buy nifty 5700 call option.
2. When F&O expiry is just 7 sessions away, then I choose in the money nifty option. Example: If nifty future CMP is 5850 then, I’ll buy nifty 5800 call option.
About Bhaveek PatelBhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.
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Dear sir ,, please send me teach me how to trade in nifty options and how to find correct strike prize . And in expiry date how to trade beacause of the is more volitility in options . Send me reply sir
i need nifty stock option traning
I require knowledge of option trade.