Why traders happy with Bank Nifty Weekly Options ?
Nifty allows Weekly options in Bank Nifty index options from May 27. Traders very happy with weekly Options. Because most of the traders involve in day trading only, so less premium and high range moves makes them happy.
Bank Nifty's daily moves from 50 to 500 points , in Monthly contracts premium always high ,so traders always waited for expiry week.
Now Every Thursday is expiry so every week is expiry week. stable and strictly sl following traders always gain every week on bank nifty weekly options.
Out The Money Sell contracts more attractive and profitable if you find right trend..
as per my knowledge we can gain at least 10 to 25 points on ITM calls in Bank Nifty weekly options every day.