Expiry Update: Due to a particular scenario, this week’s MidcapNifty weekly expiry, usually happening on Mondays, is now scheduled for today, Friday, December 22, 2023.
Why the change?
A holiday on Monday prompted this shift.
So, what’s the twist?
Investors are in for a surprise with not one but two expiries on the same day – both Sensex and MidcapNifty. It adds a unique flavor to the end of the trading week.
For a smooth ride through this uncommon dual-expiry scenario, market participants are urged to stay in the loop and tweak their strategies accordingly.
And here’s a heads-up for option traders: Be cautious!
Premiums might vanish rapidly, possibly hitting zero by Friday if the market stays sideways. Keep your eyes peeled, and maybe tweak your strategies to ride out the accelerated decay.
Stay prepared for whatever the market throws your way as we approach the end of the week.
