Expiry Day Special Strategies
Expiry day offers unique opportunities because Time Value is near zero.
Strategy 1: The 9:20 AM Straddle (Selling)
Sell ATM Call and ATM Put at 9:20 AM.
Put a 25% Stop Loss on both legs.
Logic: Volatility usually crashes after market opens. You capture the quick Theta decay.
Strategy 2: The 3:00 PM Breakout (Buying)
At 3:00 PM, big institutions settle their positions (Average closing).
Mark the High and Low of the 2:55 PM - 3:00 PM candle.
Buy whichever side breaks.
Congratulations!
You have completed Module 5: Strategies. You now have an arsenal of weapons for every market
condition.
The final module is the most important: Psychology. Without it, none of these strategies work.
*Disclaimer: NSE/BSE frequently revise Lot Sizes and Expiry Days (e.g., SEBI Circulars 2024/2025). Always check the latest circular on nseindia.com before trading.
Standard Disclosure: Investment in securities market are subject to market risks. Read all the related documents carefully before investing. The content provided here is for educational purposes only and does not constitute financial or investment advice. AlgoStraddle Academy is not a SEBI registered investment advisor. Trading options involves high risk and capital can be lost.