Double gamma effect happened in options this Thursday

Hi friends. This is girish once again.

Gamma an options greek plays an important role in helping to earn more profit in options buying  . One needs to understand it and use accordingly .

Jackpot trades can be earned on expiry day ( not every expiry day ) but needs a strong discipline and good practice of price action  to time it .

One can see the below chart of put options .

NFBANKNIFTY 27-Jun-2019 PE 31200

NFBANKNIFTY 27-Jun-2019 PE 31300

Note :  1. this effect is best for otm options .

2. Gamma effect can vary from low to medium to jackpot profits .

  3. Not every expiry is a jackpot . So don’t gamble and lose money unnecessarily.

4. This effect is best in Banknifty due to good volatility.

 

 

 

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