What a writing market this June month trapping option buyers with intraday volatilities

Hi friends. This is girish once again.

If you observe this whole month nifty was oscillated between 11500-12100 range as per the oi data .  Many intraday voalitility were created attracting option buyers to buy options and hold for positional view . Sadly at the end , most of the options expired worthless .

See the image below .

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One must therefore should not hold options till expiry . Even the itm lost their time value .

One must buy options from a swing trading point of view . Holding for 2-4 days . Exit with SL . Don’t be stubborn in options buying . Also don’t buy options on hope or hold options on hope .

Friends i am providing my own views. You plz trade as per your own views. Don’t blindly follow me .

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