Options Expiry Day Trading: Strategies and Risks
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