Options Expiry Day Trading: Strategies and Risks

Options Expiry Day Trading: Strategies and Risks — featured chart

Quick Answer: On expiry day, options premium collapse rapidly (theta decay) and gamma risk explodes in the final hour. Profitable strategies include selling OTM options (if trend is clear), iron condors (range-bound markets), and straddle/strangle selling. WARNING: Nifty weekly options now expire on Tuesday (changed from Thursday — SEBI rule effective 1 Sep 2025). Never … Read more

Options Greeks: Delta, Gamma, Theta, Vega Explained

Options Greeks: Delta, Gamma, Theta, Vega Explained — featured chart

Quick Answer: Options Greeks — Delta, Gamma, Theta, Vega — measure how an option’s price will change with different market conditions. Delta = directional exposure. Gamma = acceleration of delta. Theta = daily time decay. Vega = sensitivity to implied volatility. Mastering the four Greeks is the difference between gambling on options and trading them. … Read more